Table Talk | $1.7 mil for a liquor license?
Do I hear $1.7 million? The partners of Swanky Bubbles paid $1.6 million for their liquor license as they took over the former Olive on Evesham Road in Cherry Hill. This may be an all-time U.S. record, if lawyers who watch such issues are correct.
Do I hear $1.7 million?
The partners of Swanky Bubbles paid $1.6 million for their liquor license as they took over the former Olive on Evesham Road in Cherry Hill. This may be an all-time U.S. record, if lawyers who watch such issues are correct.
Also significant is that Swanky Bubbles is not some deep-pocketed chain. Besides the Cherry Hill operation, the partnership has a Swanky Bubbles in Old City and Macs in Somers Point, N.J.
The license held by Brio Tuscan Grille, an Ohio-based Italian chain that opened this week at the old Garden State Park site, cost $1.5 million.
Licenses in Pennsylvania and New Jersey are sold on the open market, subject to supply and demand.
Top prices in Philadelphia are about $70,000, while the most anyone can recall paying for one in the Pennsylvania counties is $350,000.
What's coming
La Golosa - that's Italian for "the glutton" - is taking shape at 806 S. Sixth St. in Bella Vista, the former home of Dessert. Florence-born Favio Scarpelli envisions it as a cafe for the afternoon and evening crowd, opening in early October. It's a scone's throw from Cochon, the French BYO coming to the former Cafe Sud at 801 E. Passyunk Ave. Co-owner Gene Giuffi is hoping for a Sept. 21 debut.
Briefly noted
La Colombe has opened a cafe in New York's TriBeCa: 319 Church St., a block from those knockoff stores on Canal Street.
Friday Saturday Sunday, near Rittenhouse Square, is back after Aug. 3's fire. Fittingly, the first night last week featured a smoked-fish platter.
A sign at Bassett's, the sandwich shop at 15th and Locust Streets, says it's moving into the Bellevue's food court.
A new partnership: Citysearch.com and MenuPages.com. What it means: Citysearch now displays menus collected by MenuPages.
Barely days after opening as the Seafood Shack (124 Haddon Ave., Collingswood), shingle now reads "Dockhoppers Seafood House."