Legal Question in Business Law in New York

I am trying to start a music event & live festivals promotions/organizing company. I plan to form an LLC. The company will organize live music events in NEW YORK. Here are my questions: (1.) We are not renting a venue with a liquor license but we need to sell liquor - how can we do this? We will rent a warehouse or big open space. Note, we will be selling Beer, Vodka, Hard Liquor, Wine, and so forth. (2.) If we do sell liquor at this private place during our event with this particular permit, can we earn profits from it? Or is the caterer / whoever is providing the liquor not allowed to share profits with us?

Thank you SO much!!!


Asked on 5/17/16, 9:48 pm

1 Answer from Attorneys

Roman Fichman Esq. Law Practice of Roman Fichman Esq.

Both questions require careful consideration of your specific situation and I will also add that you should consult an attorney in connection with forming the LLC. You may be concerned with liability in connection with the liquor laws (justifiably), but the larger issues could come about as a result of improperly setting up the LLC or the operating agreement.

Generally speaking, one can procure a temporary license (permit) to sell alcoholic beverages but there are many terms and conditions that would determine what license can be gotten (and if at all) such as the nature of the event, the activities contemplated, type of food served, the prior liquor license history of the premises, the hours and day of the week, how many bars are planned, what type of alcohol is going to be served etc.

If you are permitted to sell you can earn a profit. Though keep in mind that there are restrictions on where you can buy the alcohol and limitations on what happens to excess alcohol left over after the event is complete.

There are other ways to figure out a fruitful and profitable arrangement that meets the licensing requirements without necessarily having to get your own license.

The bottom line is that when it comes to procuring liquor licenses, the little details matter a lot and that requires a paid consultation. My consultation rates are very reasonable and would be tax deductible for your venture.

Please contact me directly

Roman R. Fichman, Esq.

www.TheLegalists.com │ @TheLegalist

email: Info (@) TheLegalists (dot) com

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Answered on 5/17/16, 10:28 pm


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