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The License
A full New Jersey Class C plenary retail consumption license (Type 33) is available for direct purchase. The license permits on-premises sale of beer, wine, and spirits, plus off-premises sale of beer and wine, and can be transferred into a buyer's own restaurant, bar, or tavern concept, subject to standard ABC and municipal approval.
The Market
The license sits in a large, affluent Central New Jersey suburb of 47,454 residents, with median household income of $150,933 and a steady, decades-long growth trend. The trade area combines a strong daytime office and logistics workforce with a family-oriented residential base — a solid demand profile for a mid-to-upper market restaurant or bar concept.
The Opportunity
Consumption licenses in this municipality are governed by New Jersey's population-based quota system and issued in a closed, limited pool — new licenses are rarely made available, and comparable licenses in the surrounding county have recently asked well into six figures. For an operator looking to enter this trade area without waiting years for a new municipal allocation, this is a ready, transferable path in.
A full New Jersey Class C plenary retail consumption license (Type 33) is available for direct purchase. The license permits on-premises sale of beer, wine, and spirits, plus off-premises sale of beer and wine, and can be transferred into a buyer's own restaurant, bar, or tavern concept, subject to standard ABC and municipal approval.
The Market
The license sits in a large, affluent Central New Jersey suburb of 47,454 residents, with median household income of $150,933 and a steady, decades-long growth trend. The trade area combines a strong daytime office and logistics workforce with a family-oriented residential base — a solid demand profile for a mid-to-upper market restaurant or bar concept.
The Opportunity
Consumption licenses in this municipality are governed by New Jersey's population-based quota system and issued in a closed, limited pool — new licenses are rarely made available, and comparable licenses in the surrounding county have recently asked well into six figures. For an operator looking to enter this trade area without waiting years for a new municipal allocation, this is a ready, transferable path in.
Listing Info
- ID
- 2545500
- Listing Views
Listing ID: 2545500 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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