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Why are NJ liquor licenses so expensive?

Writer Sophia Bowman

Since 1947, the state has restricted the number of licenses a municipality can issue, basing the formula on population. But without the incentive of a liquor license, few entrepreneurs are willing to take the risk. …

Can you rent a liquor license in NJ?

In New Jersey, the ABC Act control liquor licenses. The law does not allow for the sale or transfer of those licenses as property, yet it does occur. These are not “leased” licenses.

How much is a liquor license in NJ 2021?

Liquor licenses in New Jersey cost $350K and it’s crippling the state’s dining scene.

Do you need a liquor license for BYOB in NJ?

The relative scarcity and expense of consumption licenses has led many restaurants to instead turn to New Jersey’s BYOB (Bring Your Own Bottle) law, which permits patrons to bring their own alcoholic beverages to consume on unlicensed premises—those restaurants that do not have a liquor license.

Where do you sell a liquor license in New Jersey?

A license must be sold in the municipality where it was originally issued. Sales of these licenses are private – and therefore the amounts are unknown – but the executive director of the New Jersey Licensed Beverage Association believes one license sold for as high as $1.8 million.

How much does it cost to get a Delaware liquor license?

Initial license fees cost between $20 (for employee licenses) and $2,650. Delaware has an online licensing system controlled by the Office of ABC Commissioner (OABCC). Licenses to sell alcoholic liquors in this state start at $150 and max out at $2,000.

How to get a New Jersey pocket license?

For assistance in filing a N.J.A.C. 33:1-12.39 Petition with the Director of ABC or transferring your license for reactivation, call the ABC liquor licensing attorneys at Proetta, Oliver & Fay. Our attorneys can be reached seven days a week by calling (732) 858-5857.

Why are liquor licenses more expensive in some states?

Certain states have Liquor License Quotas, so the number of licenses that can be in use at a given time depends on the population of the area. In these states, new licenses can be more expensive due to the limited supply.