Is the license considered a hard asset that can actually be sold?
What type of liquor license is it - Beer and Wine - Full Liquor - Club license?
If yes - are there currently any active licenses available in Passaic NJ?
If yes - there is no value
If no - Who bought the last one? a town or city record - how much did it sell for?
Research the top 5 - 10 local restaurateurs, Night clubs, liquor stores, make the call and see if they're looking to expand and let them know you have an active license.
Jul 16, 2017