Belleville NJ Liquor License - $299K - Only One For Sale in Township

Asking Price: $299,000

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Belleville NJ Liquor License - $299K - Only One For Sale in Township


Asking Price: $299,000

Asset Sale Description
Plenary Retail Consumption Liquor License - Belleville, Essex County, New Jersey.

A New Jersey plenary retail consumption (Type 33) liquor license is available for transfer in the Township of Belleville, Essex County. The license permits on-premises sale of beer, wine, and spirits and is offered on its own - no business, premises, or equipment is included - so the buyer is free to site it at the location of their choosing within the municipality, subject to municipal and ABC approval.

WHY THIS LICENSE, AND WHY NOW: Under New Jersey's 2024 inactive-license reform (P.L. 2023, c. 290) and ABC Advisory Notice AN-2025-01, every dormant license in the state was assigned a transfer-or-expire deadline. This license carries an August 1, 2027 deadline, and the seller is committed to completing a transfer well ahead of it. That timeline works in a buyer's favor: a motivated, deadline-driven seller - and licenses like this rarely come to market in an established municipality.

SCARCITY: Belleville is a built-out township of roughly 38,000 residents where new consumption licenses are effectively unavailable - New Jersey caps them by population. The most recent comparable license-only transaction in the township has already closed. Availability here is measured in years between transactions, not months.

WHO THIS FITS: An existing BYOB restaurant operator in Belleville looking to add beverage revenue - typically the single largest margin improvement available to a full-service restaurant; a restaurateur planning a new opening along the Washington Avenue corridor, where multiple mixed-use redevelopment projects are bringing new ground-floor retail online; or an investor who wants to control a scarce license ahead of a future tenant.

PROCESS: Transfer is by person-to-person application to the Township of Belleville, with place-to-place transfer to the buyer's premises handled in the same application where applicable. Approval customarily runs 60 to 120 days from a signed agreement. Buyer must qualify under New Jersey ABC standards, including source-of-funds review. Deposit is held in New Jersey attorney escrow, and the transaction is expressly contingent on municipal and ABC approval - if the transfer is not approved, the deposit is returned.

ASKING PRICE AND FINANCIALS: The asking price of $299,000 is the price of the license itself, and it is the entire consideration. There is no operating business attached to this listing, so there is no gross revenue, cash flow, inventory, or furniture, fixtures and equipment to report - none exist, and none are being withheld. This is an asset acquisition: the buyer supplies the premises and the operation, and the license supplies the permission. Revenue and cash flow begin once the buyer sites and opens the license at a location of their choosing.

CONFIDENTIAL: Seller identity and license number are released after execution of a non-disclosure agreement. This is a license transfer, not a sale of real property or of an operating business. Listed by Nexus Bridge Business Brokers, a business brokerage serving New Jersey, New York, and Connecticut. Nexus Bridge does not provide legal or tax advice; buyers should retain New Jersey alcoholic beverage counsel.
Detailed Information
Years in Operation
49
Facilities & Assets
No premises, equipment, or inventory conveys. The asset is the license itself, which the buyer relocates to premises of the buyer's choosing within the Township of Belleville through a place-to-place transfer filed with the person-to-person transfer application.
About the Sale
Transition Support
Broker coordinates the transaction through closing, including buyer qualification, attorney escrow of the deposit, and the municipal and ABC transfer application process. Buyers should retain New Jersey alcoholic beverage counsel for the application itself.
Seller Motivation
Owner is not activating the license; state transfer deadline requires a sale
Listing Info
ID
2547383
Listing Views

Listing ID: 2547383 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.