Price: $175,000
Location: Middlesex County, New Jersey
Industry: Liquor Licenses
Listing ID: lic175
CONSUMPTION LIQUOR LICENSE
WOODBRIDGE NJ
Sip code 07095
Price / Terms: This liquor license has been valued at $175,000 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.
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