# Brewer's notice

A term used when buying brewery.

The federal approval a brewery operates under, issued to a person and not to a site.

It is the document that decides whether a deal is an [asset purchase](https://searchspheresource.com/glossary/asset-vs-stock-sale) or a stock purchase, because the two are not the same wait. On a change of proprietorship the outgoing brewer closes out and the successor has to qualify in the same manner as the proprietor of a brand new brewery, which means the tanks stand idle until the approval issues. A stock sale that changes control instead becomes a thirty-day notification. Ask when the seller's notice was last amended and what is on it, because the approved premises and the approved operations are both described in it.

Part of: Buying a Brewery (https://searchspheresource.com/guides/buying-a-brewery)

Source: https://searchspheresource.com/guides/buying-a-brewery/terms/brewer-s-notice
Not dated: The same editorial definitions as the glossary, inside a trade.

Site index for machines: https://searchspheresource.com/llms.txt