by evansfox | Sep 26, 2012
The New York State Liquor Authority regulates establishments that want to make, sell and/or store alcohol for consumption on- or off-premises. There are many rules about where the premises can be, who can have an interest in the licensed premises and how the business...
by evansfox | Aug 20, 2012
Before 1920, distilleries were a prominent business in New York. Prohibition wiped out the industry, and the repeal of the eighteenth amendment made it financially possible for only larger distilleries to afford the costs of start-up, licensing and taxes. Over the...
by evansfox | Jul 26, 2012
In 1976, the NYSLA passed the Farm Winery Act, which allowed NY grape growers to operate small wineries. Since then, the Finger Lakes Region has sprouted 119 wineries, accounting for more than one-third of NYS wineries. New York wineries is a $3.8 billion industry,...
by evansfox | Jul 20, 2012
When it comes to tequila, there are the purists and there is everyone else. (This could be said of any liquor, I suppose.) The purists of this Mexican liquor would argue that true tequila must be made by a certified process using the agave sap. (Agave is a plant in...
by evansfox | Jul 20, 2012
If you are looking to purchase a restaurant in New York, you have two options: (1) buy the sellers’ ownership shares; or (2) buy the seller’s assets. Like any choice, there are advantages and disadvantages to either option, but generally, an asset purchase is more...