Phillipsburg Consumption liquor license
Asking Price: | $60,000 |
Established Year: | 1948 |
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