If you want to get your bar up and running, you are going to need two specific things. The first is liquor, and the second is the right to sell that liquor. This means you have to buy a liquor license. But what does obtaining a liquor license for you bar entail? What do you need to know? Here are some guidelines that will help to make the process a little simpler.
State Alcohol Laws
Licensing and processes differs from every state, in Texas they have their own way of acquiring TABC permits that is not necessary the same to others. It’s up to you to find out what the laws in your state are, because you don’t want to lose your license before your business venture has a chance to earn some money.
Also take note that some states place a limit on how many licenses can be sold within a specific area. This means you might have to buy a license from somebody who already has one.
The Main Purpose Of The License
Now you have to figure out which of the major two liquor licenses do you want. If you take the on-license then the alcohol has to be consumed on the premises. If you choose the off-license then customers are simply going to buy from you and consume it somewhere else.
But it doesn’t stop there, because licenses are also broken up into different classes. Depending on the class you choose it will effect what you can sell and how much.
Don’t Waste Time
One of the first things you want to do is fill in the necessary paperwork to obtain a liquor license, because it could take some time to get it. In some cases you might wait up to a year, so make it a priority.
Unfortunately the cost of obtaining a license can’t be estimated. Everything is going to depend on the state you want to open the bar, the type of bar it’s going to be and your final application. All these things are going to factor into the price.
Maintain The License
Once you have your liquor license remember to maintain it. In other words, don’t refrain from renewing it every year, otherwise you’ll have to apply for it all over again.
Due to all the paperwork and time constraints, not to mention the availability in the area, many bar owners prefer to buy existing licenses.