000 Margate Ave, Margate, NJ 08402

Property Description

RARE OPPORTUNITY TO ACQUIRE A PLENARY RETAIL DISTRIBUTION LICENSE IN MARGATE, NJ. This New Jersey Plenary Retail Distribution License (Type 44) allows for the sale of beer, wine, liquor, and other alcoholic beverages for off-premises consumption. Licenses of this kind are strictly limited within each municipality, making this a highly valuable and rarely available opportunity in Margate City. The license permits the sale of sealed alcoholic beverages including spirits, wine, beer, hard seltzers, and ready-to-drink products, as well as related retail items such as mixers, soda, and specialty goods. Limited tastings may also be permitted in accordance with NJ ABC regulations. Ideal for a liquor store, bottle shop, or specialty retail concept looking to establish or expand in one of the most desirable shore markets. Currently held by Fresh Ideas Too Inc and available for transfer, subject to municipal and state approval. Opportunities like this in Margate are extremely limited and seldom come to market.