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  5. ›Public Notice – Liquor License Bid – Published June 10, 2026

Township of Mantua·New Jersey

Public Notice – Liquor License Bid – Published June 10, 2026

Closes 8/12/2026$200k – $1MInvitation for Bid
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Description

The Township of Mantua is conducting a public sale of a single plenary retail‑consumption liquor license. Interested parties must submit a sealed bid with a 20 % deposit, meet New Jersey ABC licensing qualifications, demonstrate ownership or a lease of a suitably zoned premises, and commit to opening a restaurant/bar within two years of award. The sale includes a minimum bid of $500,000, a $200 application fee to the State ABC division, and strict envelope labeling and sealing requirements. The highest qualified bidder will be investigated, and payment of the full bid amount must be made within 20 days of acceptance. • Minimum bid: $500,000; bid deposit: 20 % of bid. • Required documents: ABC application ($200 fee), multiple affidavits (qualification, funding source, premises ownership, past violations), and proof of ownership/lease of a zoned property. • Deadlines: Bids due August 12, 2026 (10 a.m.); qualified bidders announced August 17, 2026; bids opened August 19, 2026. • License condition: Successful bidder must open and operate a retail‑consumption restaurant/bar within 2 years of award, or the license is rescinded.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Jennica Bileci(Township Clerk)

Key dates

Opened
6/10/2026
Closes
8/12/2026
Duration
2 years

Last updated

Details

Type
Invitation for Bid
Industry
Food and Beverage Services
NAICS
722410

Budget estimate

$200,000 – $1,000,000

The notice does not stipulate a contractor payment; instead, the “budget” is the revenue potential from operating the licensed venue. Assuming a modest two‑year operation, a small bar could generate roughly $400k in gross revenue with a 20 % profit margin (~$80k), while a larger restaurant/bar could achieve $2M in gross revenue with a 30 % margin (~$600k). After accounting for operating costs, taxes, and the initial $500k license purchase, the net earnings over the two‑year period might range from $200k on the low end to $1M on the high end. Factors influencing this range include location foot traffic, size of the establishment, menu pricing, and management efficiency.

AI estimate from the solicitation

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