Philipsburg Liquor License. lic174

Price: $60,000

Location: Warren, New Jersey

Industry: Bar

Listing ID: lic187

Price / Terms: This liquor license has been valued at $60,000 and owner financing may be available to a qualified client.

Please call broker for any additional information.
The issuance of retail and distribution liquor licenses in New Jersey is restricted based on a municipality’s population. For example, pursuant to N.J.S.A. 33:1-12.14, a town can issue one retail license for every 3,000 residents and one distribution license for every 7,500 residents. Due to this cap, new liquor licenses rarely become available in many towns. However, when a new liquor license does become available, the municipality typically auctions off the license to the highest bidder. The town will also accept applications for the available beverage license.
People most commonly obtain a New Jersey liquor license by purchasing an existing license and having it transferred to them through a “person-to-person” or “place-to-place” transfer application with the local issuing authority.
Person-to-Person and Place-to-Place License Transfers

If you want to obtain a New Jersey liquor license, the transfer must be approved by the appropriate local issuing authority. As the licensee, or the person to whom the license will be transferred, you are required to file a retail license application (see below for a link), published two legal notices of intent to transfer the license and provide the issuing authority with a written consent to transfer for approval. The buyer must additionally contact the NJ Division of Taxation’s Licensing Unit to apply for a Certificate of Sales Tax Authority.

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