Toms River will auction three liquor licenses, could see payday of over $2M
TOMS RIVER – Interested in buying a Toms River liquor license?
Three of the relatively rare commodities should be available for purchase soon, after the township hired a Tinton Falls-based auction service to solicit bids for the licenses.
Auction Liquidation Services/USGovbid will be paid 6.5% of the sale price of the licenses, with the firm’s fee paid for by license buyers, according to a resolution adopted by the township council.