Phillipsburg Consumption liquor license

Phillipsburg, NJ

Seller Financing Available

Liquor license
Asking Price:$60,000
Established Year:1948
ASSET SALES DESCRIPTION

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


DETAILED INFORMATION
Location
Phillipsburg, NJ
Facilities
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.
Financing
To be negotiated
Support & Training
Owner support
Reason for Selling
Owner retiring
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Ron
Cervelli
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Ron Cervelli