 The coffee house itself had been established in 1850.After its purchase, Handy's company began to acquire and market brands of liquor.According to the company, the "Sazerac Coffee House" had been named after a cocktail called the "Sazerac" that was created in the mid-1800s by the Creole immigrant Antoine Amédée Peychaud, who operated a pharmacy on Royal Street in the French Quarter of New Orleans in 1838.