The Liquor License Process in Florida is complicated and lengthy, requiring careful planning, proper documentation, and adherence to state regulations. Whether you are looking to buy or sell a liquor license, understanding the steps involved can help streamline the process and avoid unnecessary delays.
In Florida, liquor licenses are regulated by the Division of Alcoholic Beverages and Tobacco (ABT), which oversees the issuance and transfer of licenses. If you are planning to purchase a liquor license for your business or sell an existing one, there are several important factors to consider.
At Liquor License Outlet, we specialize in assisting business owners with liquor license transactions, making the process easier and more efficient. Below, we outline everything you need to know about the Process Of Buying Or Selling Florida Liquor Licenses to help you navigate the process smoothly.
Types Of Liquor Licenses In Florida
Before buying or selling a liquor license, it is essential to understand the two main types of liquor licenses in Florida:
1. Quota Liquor Licenses
A quota liquor license allows a business to sell beer, wine, and spirits for on-premises or off-premises consumption. These licenses are limited in number and distributed based on population size. Since the number of available licenses is capped, businesses must purchase them from existing license holders—often at a high cost.
2. Non-Quota Liquor Licenses
Non-quota liquor licenses are not subject to population limits and are available for specific types of businesses, such as restaurants, hotels, and specialty stores. These licenses can be obtained directly from the ABT without the need to purchase them from an existing license holder.
Examples Of Non-Quota Liquor Licenses:
- 1COP & 2COP Licenses: Allow businesses to serve beer and wine for on-premises consumption.
- SFS 4COP License: Designed for restaurants that meet specific seating and revenue requirements.
- Package Store License (3PS): Permits the sale of beer, wine, and spirits for off-premises consumption.
Knowing the type of license required for your business will help you determine whether you need to apply for a new license or purchase an existing one.
How To Buy A Florida Liquor License
Purchasing a liquor license in Florida involves several key steps to ensure compliance with state regulations. Here is an overview of the process:
Step 1: Find A Liquor License For Sale
Liquor licenses can be advertised for sale by businesses that are closing, relocating, or changing ownership. You can find available licenses through brokers, online marketplaces, and industry professionals like Liquor License Outlet.
Step 2: Submit An Application To The ABT
Once you find a suitable liquor license, you must submit an application to the ABT. The application must include:
- Business Name & Address
- Type Of Liquor License Being Purchased
- County Of Business Operation
- Purchase Price Of The License
- Copy Of The Sales Agreement Between Buyer & Seller
- Background Check Information
Step 3: Application Review & Approval
The ABT will review the application and conduct a background check on the buyer. The review process can take several weeks, and in some cases, an inspection of the business location may be required before approval.
Step 4: Transfer & Final Approval
Once the application is approved, the liquor license is officially transferred to the new owner. The buyer can then legally operate under the new license, which must be renewed annually.
How To Sell A Florida Liquor License
If you currently own a liquor license and wish to sell it, you need to follow a structured process to ensure a legal and smooth transfer.
Step 1: Determine The Market Value
Liquor license prices vary depending on:
- The type of license (quota licenses are more valuable due to their limited availability).
- The county where the license is issued (licenses in high-demand areas cost more).
- Market trends and demand for licenses in the area.
It’s best to work with a liquor license broker or industry expert like Liquor License Outlet to determine the fair market price.
Step 2: Find A Qualified Buyer
Liquor licenses can be sold to business owners, investors, or other license applicants. Potential buyers must meet state eligibility requirements, including passing a background check.
Step 3: Draft A Sales Agreement
A legally binding sales agreement must be created to outline the terms of the transaction, including:
- Purchase Price
- Transfer Process Details
- Any Additional Conditions Or Fees
Step 4: Submit Transfer Application To The ABT
Both the buyer and seller must submit transfer applications to the ABT. The transfer process involves a background check on the buyer and a review of the sales agreement to ensure compliance.
Step 5: Approval & Completion Of The Sale
Once the ABT approves the transfer, the liquor license is legally transferred to the new owner. The buyer can then begin operations under the newly acquired license.
Liquor License Costs In Florida
The cost of a liquor license in Florida depends on several factors, including:
- License Type: Full liquor licenses (quota licenses) are more expensive than beer and wine licenses.
- County: Licenses in highly populated areas are in higher demand, making them more expensive.
- License Market Value: Prices fluctuate based on supply and demand.
If purchasing a quota license, buyers may need to finance the purchase or participate in a state-run liquor license lottery if new quota licenses become available.
Why Work With Liquor License Outlet?
Navigating the Process Of Buying Or Selling Florida Liquor Licenses can be challenging, especially with state regulations and market conditions constantly changing. At Liquor License Outlet, we provide expert assistance to make the process simple and stress-free.
Our Services Include:
✔ Liquor License Brokerage – We help you buy or sell a license at a fair market price.
✔ Application Assistance – We guide you through the ABT application process.
✔ License Financing Options – We offer financing solutions for purchasing quota licenses.
✔ Compliance Support – We ensure your business remains compliant with Florida liquor laws.
Get Started Today
If you are looking to buy or sell a liquor license in Florida, Liquor License Outlet is here to help. Our experienced team will guide you through the process, ensuring a smooth and hassle-free transaction.
📞 Call us today at (561) 827-1111 to learn more about our current liquor license offerings and get started with your application!