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Liquor License

1873 Route 70 | , , 08003

$ 600,000

Price: $ 600,000 +/- 10000 SF

Business Description:

Monroe Township is +/- 48 square miles and borders Glassboro, Clayton, and Franklin Township. Please ask about the existing property for sale (sold separately or together).

This type of license authorizes the sale of alcoholic beverages for consumption on the licensed premises by the glass or other open receptacle and also allows the sale of alcoholic beverages in original containers for consumption off the licensed premises. Such sales of package goods, however, may only take place from the public barroom, and the package goods may only be displayed for sale on its perimeter walls unless a floor plan was approved by the A.B.C. Director prior to the late 1970’s.

Where this license is granted, no other mercantile or commercial activity may take place on the licensed premises except for certain activities such as a restaurant or the sale of snack or certain other items enumerated in the statute. The fee for this license is set by the municipality between $250 and $2,500 per year. Since 1947 only one retail consumption license, with certain exceptions, can be issued in a municipality for each 3,000 of its population, although licenses in excess of this limit before 1947 were grandfathered.

Investment Highlights:

Location: Williamstown, NJ
Asking Price: $600,000
Building Size: +/- 10,000 SF
Real Estate: Not included but available for sale
Seller Financing: No
Reason for Selling: Retirement

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    AVAILABLE SPACE +/- 10000 SF

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    Ken Richardson