How do I get a liquor store license in NY?
All new liquor store applications must go in front of the State Liquor Authority’s full board in New York City in order to get approved. Any new liquor license applications that have issues must also be approved by the State Liquor Authority’s full board.
How much is a liquor store license in NY?
Off Premises
| TYPE | COST | INITIAL FEE |
|---|---|---|
| Liquor Store (L) | $4,098 | $200 |
| Wine Store (W) | $1,920 | $100 |
| Drug Store Beer (DS) | $330 | $100 |
| Grocery Store Beer (A) | $660 | $100 |
How much does it cost to open a liquor store?
The location of your new liquor store will impact the price but you can expect to spend a minimum of $100,000 to open your liquor store.
How much is a liquor license in NY 2020?
Liquor license cost in New York City
$960 for beer and cider (plus a $100 filing fee) $960 for wine, beer and cider (plus a $100 filing fee) $4,352 for on-premises liquor (plus a $200 filing fee) $5,850 for restaurant-brewer (plus a $200 filing fee)
Is it hard to get a liquor license in NY?
Obtaining a liquor license is required if you wish to sell or provide wine, beer or liquor. The application process has been simplified, but you still must comply with many notice requirements and a lengthy application form. Working with an attorney who is familiar with the process may be helpful.
How long is a NYS liquor license good for?
If you have a retail license to sell only beer for on-premises or off-premises consumption, your license lasts for three years. Off-premises liquor and wine licenses (liquor and wine stores) are also issued for three years. On-premises wine and liquor licenses are issued for two years.
Are liquor stores profitable?
How much profit can a liquor store make? According to a recent Forbes study, liquor stores are among the top five least profitable businesses, taking home a profit of 1.7%. Owners who are able to run their own business take home an average salary of $21,000 – $51,000, depending upon size, location, and sales.
Can you own more than one liquor store in NY?
State law forbids grocery stores from dealing in wine or liquor — a regulation that pre-dates Prohibition. It also prohibits one person or corporate entity from owning or operating more than one wine or liquor store. In other words, chain liquor stores are illegal in New York.
Can you buy a liquor license from someone?
In all states, the sale of a liquor license is strictly controlled by the state agency authorized to issue and oversee liquor licenses. The agency will approve a sale of the license to a qualified buyer who agrees to use the license in accordance with its restrictions for a restaurant.
How do I start a liquor store business?
4 Tips to Grow Your Liquor Store Sales
- Offer more products and services. Your competition may sell the same domestic beers and wines, but that doesn’t mean you can’t stand out. …
- Host events and classes. …
- Reach out to other businesses. …
- Find the best business financing.
How do I start a liquor business?
If anyone wants to start a business dealing with manufacturing, sale or distribution of alcohol and alcoholic drinks, he/she needs to apply for a Liquor License. The Business which can apply for liquor license includes businesses ranging from restaurants, private clubs, bars situated in hotels, or other entities.