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Liquor License For Sale In Jersey City

10/9/2019
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  1. Liquor License Sales Pa Nj
  2. Liquor License For Sale
  3. Liquor License For Sale In Jersey City Nj
Reviewed by: Michelle Seidel, B.Sc., LL.B., MBA
Florida
Emmanuel Bec / EyeEm/EyeEm/GettyImages
Reviewed by: Michelle Seidel, B.Sc., LL.B., MBA

1 Liquor License, Jersey City, NJ 07302 is a property. 1 Liquor License is located in Downtown, Jersey City. This property is not currently available for sale. This property is not currently available for sale. Class 33 liquor licenses are general on-sale licenses. They allow bar and restaurant owners to sell all types of alcohol (beer, wine and hard liquor) to their patrons for consumption on the premise of the business. This liquor license is specific to Jersey City. The Liquor License Experts specializing in buying and selling liquor licenses for alcohol consumption. Contact us for the best consultation, valuation, appraisals, and brokerage. Available by phone or email. Jan 01, 2014  BYOB wants a New Jersey liquor license, call the New Jersey liquor license expert. North to South, I sell NJ restaurant liquor licenses from Mahwah to Wildwood. East to West, Phillipsburg to Bayonne, call me for a NJ restaurant liquor license.

Well Estabished Liquor store36-year old Businesss turnkey business. Jersey City, NJ. The store has been in operation for 36 years and is located in a residential neighborhood where the business is always great in the evening. Included with an inventory worth $60K, there is additional space in the back for carrying more merchandize in the store. Bergen County, NJ. The distribution liquor license available for sale, for an additional $175,000. This is a dependable business opportunity and based on the asking price, required down payment and yearly income, this business expect to supply a solid investment return to the owner operator. The standard fees for certain types of liquor licenses in New Jersey are: To make and sell beer: Plenary Brewery, $10,625. To make and sell spirits: Plenary Distillery, $12,500. To serve alcohol at a restaurant: Plenary Retail Consumption License, $250 to $2500 per year. To make and sell wine: Plenary winery.

New Jersey has very restrictive laws when it comes to obtaining a liquor license. The licenses are issued based on population, which limits their number. This limit on the number of allowable licenses means many liquor licenses in New Jersey are bought from existing license holders. Because of the high demand, bidding wars for existing licenses can drive the price up to astronomical levels.

A license must be sold in the municipality where it was originally issued. Sales of these licenses are private – and therefore the amounts are unknown – but the executive director of the New Jersey Licensed Beverage Association believes one license sold for as high as $1.8 million. The director estimates the average for a liquor license to be $350,000 in 2017.

Application for a Liquor License

Liquor License Sales Pa Nj

Currently, there is one 12-page universal application form for all types of liquor licenses – both municipally issued and state-issued – in New Jersey. This application requires information about the business owner and the proposed business location. The applicant is asked to describe the building and adjacent grounds, and to outline the business's proximity to a church or school. The application is detailed and lengthy, and must be filled out accurately and signed by the correct people, including the head of the corporation asking for the license. A liquor license must be renewed every year.

Types of Licenses

There are a variety of licenses for the brewing, distilling, consumption and sale of beer, wine and liquor.

Plenary Retail Consumption License: This allows the sale of alcoholic beverages for consumption on the premises as well as the sale of bottled or canned beverages for consumption off the licensed premises. These sales can take place only from the 'principal public barroom,' and the bottled or canned beverages must be displayed for sale on the 'premises' perimeter walls or behind the bar, unless a floor plan was approved by the Director prior to the late 1970s and that floor plan is available for inspection.'

Brew Pub: Referred to in the alcohol beverage control (ABC) law as a 'Restricted Brewery License,' this permits the brewing of 'malt alcoholic beverages in quantities not to exceed 3,000 barrels per license term. ' This license can only be issued to a person who also owns a Plenary Retail Consumption License, 'which is operated in conjunction with a restaurant regularly and principally used for the purpose of providing meals to its customers and having kitchen and dining room facilities.' Also, the restricted brewery licensed premises must adjoin the restaurant.

Bring Your Own Bottle: This is the easiest and cheapest way to go, but restaurants that don't sell their own liquor typically make a lot less money. This type of license is available unless there is a municipal ordinance prohibiting it, and it allows customers to bring their own wine or beer – not liquor – to drink at the restaurant. The restaurant owners can supply glasses but are not allowed to charge any type of fee. Also, the owners are prohibited from advertising their BYOB option.

Fees

As of 2017, the standard fees for certain types of liquor licenses in New Jersey are:

Liquor License For Sale

  • To make and sell beer: Plenary Brewery, $10,625
  • To make and sell spirits: Plenary Distillery, $12,500
  • To serve alcohol at a restaurant: Plenary Retail Consumption License, $1,250 for up to

    1,000 barrels of 31 liquid gallons and an additional $250 per 1,000 barrels per year
    * To make and sell wine: Plenary winery, $938
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A Liquor License Is an Asset

Liquor License For Sale In Jersey City Nj

Because a license can be sold or transferred when a business is sold or shuts down, a liquor license can be thought of as an asset that increases in value. So while you may spend a lot to obtain the license, as long as people like to drink and the laws remain in place, a liquor license will likely rise in value.