
05-01-2013, 09:13 AM
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15,891 posts, read 12,698,918 times
Reputation: 9734
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Are Liquor Licenses worth that much here in NYC, or is it fairly easy and expedient to grab one from the licensing agency?
Like if you operate a bar and want to shut down business, how much can you sell you license for? And if you have one license can you use that one for many locations, or is the license itself tied exclusively to that location?
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05-01-2013, 09:20 AM
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Location: new yawk zoo
8,311 posts, read 10,239,885 times
Reputation: 5770
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you can sell the business but not the license. A new owner has to reapply for a license. the license is tied to the location. Applying for a new license in a new location is far more difficult than applying for a license in a existing location.
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05-01-2013, 10:40 AM
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3,445 posts, read 5,789,481 times
Reputation: 6116
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Long wait now with the SLA to get a new license.
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05-01-2013, 10:42 AM
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Location: Brooklyn, NY
1,271 posts, read 3,083,411 times
Reputation: 841
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Liquor licenses are non-transferrable in NYC. So, they're valueless.
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05-01-2013, 07:49 PM
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15,891 posts, read 12,698,918 times
Reputation: 9734
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So if you have a liquor license for one location, you cannot open another bar somewhere else without getting another one for that place too?
Or if you can, can you market yourself to others looking to open an establishment but dont have a license, to come in with yours as a silent partner, so they can open up right away, and they give you a share of profits?
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05-01-2013, 08:39 PM
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3,445 posts, read 5,789,481 times
Reputation: 6116
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Bar licenses go with the bar not with the owner. If you want to open another bar you must get a separate license. You can not use your current license for a new bar.
I have seen instances where a current bar owner sells his bar and allows the new owners to continue serving under his license until the new owner is approved for a license. Thats a bit shady and requires a lot of trust between the buyer and seller..
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05-10-2013, 10:10 PM
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Location: New Braunfels
100 posts, read 238,811 times
Reputation: 43
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It's very difficult to get a liquor license in NYC.
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