Two ideas, first: a cash and carry type of store, no inventory, starting from scratch
A small bar with no cooking at all, not anything fancy, just a neat, clean bar with at the most appetizers to serve, along with a fully stocked bar.
I am aware of the responsibilities legally, etc., but can’t find anything that gets straight to the point. So if you have held either of these types of businesses, could you please give me information on most of all the licenses…about how much and how long is it good for. Do you attend classes before, just as a bartender does (I am considering this for investment)….
Also appreciate any advice/tips from all… this would be in Middlesex County, any of you have been successful there or almost seen failure, tell me your story. And really I can take it, please tell the good, bad and ugly. I am getting divorced ( after 20 yrs and a cheating husband. I had lost my job a few years back and I want to make a decent salary to keep me and the kids going happily without asking him for anything. It’s a long story but I’m strong, well educated and worked in business at manager level…even frranchise places call daily when I logged into a page ONE time..they got nuts when they see you have capital (I am borrowing $2,0 from my 401k), and they all want to come up with something but the franchise fee alone is $50,0-$75,0 for five years and really started thinking with the small business way instead. Got a check list that talked about filing for Liquor Lic., that got me stuck so I figured II’d ask you guys. Please let me know….any advise overall too. Thank you!
✅ Answers
🥇 Best Answer
Decide what type of license you want. If you’re interested in opening a restaurant or bar, you’ll seek what is called a Plenary Retail Consumption Liquor License. If you are opening a liquor store, you will need a Plenary Retail Distribution License. These licenses are subject to population restrictions, but other types–for theaters, private clubs and hotels–are not.
2
Consider location. It’s a prime consideration for any business, of course, but the population guidelines make it even more significant for liquor licenses in New Jersey. A city with a growing population offers the best, if not the only, chance to apply for a new license. Older communities might have more than their share of liquor establishments because of a “grandfather clause” that allows businesses in existence before passage of the 1948 legislation to remain in operation, even if they exceed the limit.
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3
Contact the Alcoholic Beverage Control Board for the city or town where you want to establish your business o find out if a new license is an option or, a more likely prospect, whether an existing one is available for purchase.
4
Contact the current owner of the license for sale and negotiate a deal. Once you’ve reached a deal for transfer of ownership, file a person-to-person transfer application with the board.
5
Publish a notice of the impending sale in a local newspaper. Wait for the city to conduct a background investigation on you and the purchase you are proposing.
6
Pay the purchase price and fees upon approval. The annual renewal fee for a Plenary Retail Consumption Liquor License in New Jersey was $2 in 2010.
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