"33" Liquor License for use in Cedar Knolls, Whippany & Hanover
Asset Sale Description
A rare opportunity to acquire a “33” liquor license (Plenary Retail Consumption License) in the highly desirable community of Cedar Knolls, located within Hanover Township in Morris County.
This license allows for the full sale of beer, wine, and spirits for on-premise consumption in Cedar Knolls, Whippany and Hanover, making it ideal for a restaurant, bar, tavern, or hospitality concept looking to establish or expand in a strong North Jersey market.
Key Highlights:
- Full Liquor Privileges – Serve beer, wine & spirits
- On-Premise Consumption – Perfect for restaurants, bars & lounges
- Limited Off-Premise Sales (per NJ regulations)
- Highly Coveted License Class – Limited supply due to population caps
- Strong Market Demand – Morris County continues to see steady growth
Prime Market – Cedar Knolls / Hanover Township:
-Affluent, densely populated Northern NJ trade area
-Excellent access to Routes 10, 24, and I-287
-Surrounded by corporate offices, residential neighborhoods & retail corridors
-Proven demand for quality dining and bar concepts
Investment Opportunity:
Liquor licenses in Northern New Jersey—especially in desirable towns like Cedar Knolls—are finite assets with historically strong resale value. Whether you are:
-Opening a new concept
-Expanding an existing brand
-Relocating a license into a better market
…this is a strategic acquisition that unlocks full-service beverage revenue potential.
This license allows for the full sale of beer, wine, and spirits for on-premise consumption in Cedar Knolls, Whippany and Hanover, making it ideal for a restaurant, bar, tavern, or hospitality concept looking to establish or expand in a strong North Jersey market.
Key Highlights:
- Full Liquor Privileges – Serve beer, wine & spirits
- On-Premise Consumption – Perfect for restaurants, bars & lounges
- Limited Off-Premise Sales (per NJ regulations)
- Highly Coveted License Class – Limited supply due to population caps
- Strong Market Demand – Morris County continues to see steady growth
Prime Market – Cedar Knolls / Hanover Township:
-Affluent, densely populated Northern NJ trade area
-Excellent access to Routes 10, 24, and I-287
-Surrounded by corporate offices, residential neighborhoods & retail corridors
-Proven demand for quality dining and bar concepts
Investment Opportunity:
Liquor licenses in Northern New Jersey—especially in desirable towns like Cedar Knolls—are finite assets with historically strong resale value. Whether you are:
-Opening a new concept
-Expanding an existing brand
-Relocating a license into a better market
…this is a strategic acquisition that unlocks full-service beverage revenue potential.
Listing Info
- ID
- 2487900
- Listing Views
Listing ID: 2487900 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.








