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Overview of Liquor Licenses
- A liquor license allows for use of alcohol.
- Obtaining it involves state forms and fees.
- License types vary.
- An on-premise license permits sales for drinking at an establishment.
- An off-premise license allows take-away sales.
- A basic beer and wine license has lower costs than a liquor license.
- Liquor sales significantly boost profits.
- Insurance protects servers.
- Legal compliance and revenue generation require liquor licenses.
- Acquiring one averages five to six months.
Cost and Pricing Factors
- An American license costs over $400,000 for on-site drinking of beer, wine, and liquor.
- The most expensive licenses cost over $375,000 in California, with wine and beer licenses as low as $2,000.
- Prices depend on the county and license type.
- Like stocks, prices match supply and demand.
- Profits range from 1.7% for stores to 20-40% for restaurants.
- An application takes around 90 days.
- Renewals happen yearly.
- The state agency regulates permits.
Liquor Licenses in Specific Locations
New York State (NYS)
- How much is a NYS liquor license?
California (CA)
- How much is a liquor license in CA?