Why are liquor licenses so expensive in Boston?

The high demand for liquor licenses in Boston has led to a shortage, resulting in a thriving private market where these licenses are traded. The cost of procuring a liquor license on this market can be substantial, ranging from a staggering $400,000 to an even more formidable $600,000.

Operating a full-service restaurant often necessitates obtaining a liquor license, which is crucial for fostering a thriving and sustainable business model. In the vibrant city of Boston, however, acquiring this permit is not a straightforward endeavor.

This financial barrier poses a significant challenge for aspiring restaurateurs in Boston, as it adds a considerable upfront expense to their already substantial start-up costs. Nevertheless, the allure of offering a comprehensive dining experience, including alcoholic beverages, often justifies the investment for many.

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