A new license, a transfer, or a report of a change
Each route below is quoted word for word from its source.
Which one fits how you are buying a business is a legal question, so Cleared doesn't choose it.
New License
DR 8404 (05/29/25), New License
What the sources say
I also understand that I have the option to withdraw the application for the transfer of the license and file an application for the issuance of a new liquor license. Should a new liquor license be issued, that license would NOT be subject to any disciplinary action based upon incidents prior to the issuance of the new license.
Denver, Acknowledgement of Transfer of License Subject to Past, Pending, or Possible Future Disciplinary Action
Transfer of Ownership
DR 8404 (05/29/25), Transfer of Ownership
What the sources say
A business entity seeking to obtain ownership of an existing liquor license must apply for a transfer of ownership.
Denver Department of Licensing and Consumer Protection, transfer of ownership page No license granted under the provisions of this article 3 or article 4 of this title 44 shall be transferable except as provided in this subsection (1)
C.R.S. 44-3-303(1)(a)
Report of a change in ownership of the licensee
DR 8177 (04/16/24), Corporation, Limited Liability Company or Partnership Report of Changes
What the sources say
A licensee shall report each transfer or change of financial interest in the license to the state licensing authority and, for retail licenses, to the local licensing authority within thirty days after the transfer or change.
C.R.S. 44-3-301(7) any transfer of a controlling interest shall be reported regardless of size.
C.R.S. 44-3-301(7) Transfers or changes of financial interest in a license must be reported to the Colorado State Liquor Licensing Division within 30 days.
Denver Department of Licensing and Consumer Protection, transfer of ownership page
Not sure which fits how you're buying? Ask an attorney