The average business escrow closes in 30 to 60 days, but the length of every escrow varies. Regardless of the scheduled closing date, a bulk sale escrow can only close once all the escrow terms and conditions have been completed, and all clearances and releases have been filed with the escrow holder. Any escrow involving the transfer of a liquor license will take longer to close; they average 60 to 90 days. In addition to the usual clearances and releases, escrow must also receive final approval from the ABC, which they will only deliver when their investigation is complete.