By Rémi Dudreuil, Managing Director of Cabinet Licence 4
Updated on
Why have a Licence III bought back
Licence III buyers are wine bars, wine shops, delicatessens or restaurants that serve outside meals. There are many in large cities and on the coast, far fewer elsewhere. Depending on your town, a sale to a buyer can therefore take time.
A buyback settles the matter: the firm buys your licence, then takes care of finding its future operator. You are paid without waiting.
How the buyback works
- Valuation and offerWithin 24 working hours, an expert gives you the price of your Licence III and our buyback offer.
- Licence checkCategory, holder, date it was last operated: we check that it can be sold.
- Signature and paymentYou sign the sale contract prepared by our lawyers. The price is paid within 48 hours.
How the buyback price is set
Our offer starts from the value of your Licence III in your town: whether the threshold of one establishment per 450 residents has been reached, local demand, the validity of the licence. It then takes into account the time needed to sell it on.
It is therefore usually lower than the expected price of a sale to a buyer. Your expert gives you both, and you choose.
| Buyback by the firm | Sale to a buyer | |
|---|---|---|
| Who buys | Cabinet Licence 4 | An entrepreneur from your area |
| Timing | Signature and payment within 48 hours | Depends on demand for your licence |
| Price | Firm offer, known from the valuation | The best price on the local market |
| Conditions precedent | None: no transfer or loan condition | Those agreed with the buyer |
| Fees for you | None | None |
Both options start with the same free valuation of your Licence III. Nothing commits you until you sign.
A Licence III expires too
A Licence III that has not been operated for more than five years is cancelled (Article L3333-1 of the French Public Health Code). It can then no longer be sold or transferred.
If your premises are closed, keep an eye on the time left: the buyer must be found, the contract signed and the formalities completed before the deadline. Our calculator gives you the deadline in a few seconds.