Seller's Contact Information
- RE: Woodbridge NJ Consumption Liquor License
- Contact: Customer Service
Quick Facts
| Asking Price: | $175,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 175,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1948 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 96433909 | |
| Broker Reference #: | LIC175 |
Business Overview:
This liquor license has been valued at $175,000 and owner financing may be available to a qualified client. Please contact 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.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
Owner retiring.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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