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  5. ›Notice to Bidders - Retail Consumption Liquor License 2026

Borough of Clayton·New Jersey

Notice to Bidders - Retail Consumption Liquor License 2026

Closes 7/2/2026$500k – $2MInvitation for Bid
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Description

This opportunity is the sale of a single plenary retail consumption liquor license in the Borough of Clayton, New Jersey. The license permits the holder to operate a full‑service restaurant/bar that serves alcohol for on‑premises consumption. Bidders must pre‑qualify, submit a sealed bid with a 20 % deposit, and the highest qualified bidder will be awarded the license, subject to payment of the balance within 30 days and compliance with state and municipal licensing requirements. The process includes a pre‑qualification deadline, public bid opening, and council award resolution. • Minimum bid $400,000; 20 % ($80,000) deposit required with each bid. • Must be paired with a full‑service restaurant/bar located within the Borough of Clayton. • Pre‑qualification due June 11, 2026; bid submission due July 2, 2026; award decision July 9, 2026. • Additional state and municipal fees apply; deposits refunded to unsuccessful bidders within 10 days.

Attached files

Contact

Christine Newcomb(Borough Clerk)

Key dates

Opened
6/11/2026
Closes
7/2/2026
Projected award
7/9/2026

Last updated

Details

Type
Invitation for Bid
Industry
Hospitality and Tourism
NAICS
722410

Budget estimate

$500,000 – $2,000,000

While the notice does not specify any revenue to the winning bidder, the acquisition of a plenary liquor license enables the holder to generate significant alcohol sales. Assuming a mid‑size full‑service restaurant/bar can achieve $1–4 million in annual beverage revenue with a 20–30 % gross margin, the net earnings could range roughly from $500,000 to $2,000,000 per year after operating costs. This estimate considers the $400,000 license cost, additional municipal and state fees, and typical profitability benchmarks for similar establishments in New Jersey.

AI estimate from the solicitation

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