The Ins and Outs of Getting (and Keeping) a License

Gene Richard, Esq.

By Gene Richard,Esq. Wayne, Richard & Hurwitz, LLP A business cannot legally sell alcoholic beverages at retail to consumers without a valid liquor license. Since profits from sales of alcoholic beverages can “make or break” a typical restaurant, hotel, club or package store, getting – and keeping – that retail liquor license is vitally important. […]

Controlling Liquor Cost

Restaurant Accounting Services

By Robert P. Kiley Chief Executive Officer, Restaurant Accounting Services Most restaurateurs know how to control their liquor cost. However, due to the fact that some of the “controls” can be cumbersome and time-consuming, the key controls are often skipped, and costs skyrocket. Industry studies consistently show that 25 to 30 percent of a bar’s […]

Case Study: Improving Net Proceeds

ALB Case Studies Thumbnail

Client: Our client was a Boston/Roxbury neighborhood fixture for more than 50 years. This local tavern would open early during the day and close late at night, so everyone had a chance to enjoy the food, music, and laid-back atmosphere. This was the kind of tavern where friends and family would gather, and customers became […]

NRA Show Trends & One of the Biggest Issues Facing Restaurant Operators

Properly dealing with online reviews of restaurants

Dan Newcomb, Principal of Atlantic License Brokers, recently attended the 2013 National Restaurant Association Show in Chicago.  Walking many miles of the show floor alongside two current, successful full service restaurant owners provided Dan with a direct perspective of the pressing issues facing operators today. In addition to many new products and restaurant industry trends, […]