Do You Have an Exit Strategy That Includes Selling Your Liquor License?

Do You Have an Exit Strategy That Includes Selling Your Liquor License?

If you’re a business owner who sells liquor, you need to have an exit strategy that includes selling your liquor license. Here’s why: the value of a liquor license is often worth it, and it can be a critical factor in the success of any sale or transition plan for your business. By understanding the value of a liquor license and how to maximize its worth, you can ensure that you get the most out of your investment when it’s time to move on.

Selling Your Liquor License

Liquor licenses are valuable because they are a limited commodity. In most jurisdictions, the number of liquor licenses is capped, meaning that there can only be a certain number of businesses selling liquor at any given time. This limitation creates scarcity, which drives up the value of liquor licenses.

In addition to being scarce, liquor licenses are also valuable because they are transferable, meaning, if you sell your business, you can also sell the liquor license along with it. This opportunity will make your business an attractive asset for buyers, as it eliminates the hassle and expense of applying for a new license.

Finally, liquor licenses are valuable because they provide businesses with a competitive advantage. If you have a liquor license, you can sell alcohol, expand your menu, and attract more customers – which gives you a leg up on businesses that don’t have a license.

Consider a Broker

Liquor licenses can be a valuable asset for business owners looking to sell. However, it’s not as simple as just putting your license up for sale for anyone who will take it. You need to consider the market for liquor licenses, which can be different from the general business market.

It’s essential to have a broker specializing in selling liquor licenses and knowing the industry’s ins and outs. Hiring an experienced broker will ensure that you get the best possible price for your license.

The Bottom Line

A liquor license broker will have experience with the process of selling your liquor license and can help you navigate the complexities involved. They will also be able to provide you with a realistic estimate of what your liquor license is worth and work on your behalf to help you find buyers whose needs match yours.

If you’re looking to sell your liquor license, working with Liquor License Professionals is the best way to ensure that you get the best price for your license. We can help you determine the value of your liquor license and maximize its selling price. We may also be able to help you find a buyer for your liquor license more quickly.

Avoid Industry Pitfalls

Liquor License Professionals is a highly experienced team in the buying and selling of liquor licenses in the State of Florida. When buying or selling your liquor license, it is essential to be working with the right resource to avoid the pitfalls that one can encounter in business. 

Liquor License Professionals can aid and properly advise you in selling your liquor license. Apart from selling liquor licenses to growing establishments, we have decades of experience in hospitality. You can count on our team to work on your behalf quickly and efficiently while we help you tie up any loose ends regarding applications, documentation, and fees.

Contact Liquor License Professionals

For more information about selling your liquor license, please call us at (321) 274-7104 or (386) 222-9668, or use our online contact form. We always make sure to get in touch with our clients as soon as possible. Feel free to email us: info@liquorlicenseprofessional.com.

How a Florida Liquor License Can Help Boost Sales

How a Florida Liquor License Can Help Boost Sales

Can’t get people to show up at your establishment? Having trouble increasing sales? A liquor license may be the solution you’ve been looking for. 

Locations like bars and restaurants can benefit from a liquor license because it’s known to boost sales. Liquor licenses have been known to increase the value of a business, and many small businesses use them for this reason. They can also be used as a marketing tool to attract customers or to create a warmer environment. Simply put, when people go to a place to have a good time, they want to have a lot of “options”.

A Business With a Liquor License is More Accessible

A liquor license is a valuable commodity because it makes a store more accessible to consumers who may not visit unless they can drink on site. A few examples of stores that could benefit from liquor licenses include bars, restaurants, nightclubs, art galleries, and entertainment venues. A liquor license would allow them to sell beer,  wine and full liquor alcoholic beverages on top of their regular services in these cases.

A Business With a Liquor License is Fun

The presence of full liquor bar service may make people more likely to go out to a business and stay there. The availability of adult beverages creates a fun atmosphere that leads to increased sales. Groups of friends or families typically enjoy spending time at an event or restaurant where they have the option to let loose and relax while in a social environment. Keeping your customers comfortable and happy is the easiest way to ensure great sales.

A Business With a Liquor License is More Exclusive

Some people want their businesses to be associated with success, exclusivity, luxury, and other desirable outcomes. Cocktails are a great way to boost this aspect of your business. When people see that other consumers are buzzing about an establishment, they too will choose to visit there because it gives them the chance to experience the same lifestyle. If people perceive an establishment as upscale and elite, it will also charge higher prices for what people get from them, which spells more success for the business owner.

A Business With a Liquor License Builds Relationships

Customers want to keep coming back to a place with many other offerings than just food. If people have the option of having a drink with their meal, they will continue to patronize your restaurant. Especially if you have a niche with your specific type of restaurant, people won’t go elsewhere when your place is unique and has a wide variety of offerings.

A Business With a Liquor License Has More Potential

When customers see what you can offer them, they will be willing to pay more for their meals. In addition to greater profits from food sales, establishments with liquor licenses can also increase their prices. For example, a special events venue can charge an additional fee on top of their regular catering cost in order for guests to drink alcohol inside the venue. 

Business owners can even encourage patrons to order something from the bar or a lobby area where they can consume adult beverages while waiting for company or before enjoying their meal.

A Business With a Liquor License is Great for Networking

One of the best things about owning a bar or restaurant is the chance to meet people from all walks of life. When you create a unique space where people can come together, you’ll find that they aren’t just patrons – many become good friends.

Owners with restaurants or bars can take advantage of their place in local society by hosting business-related events, fundraisers for charities and other organizations, as well as personal celebrations. Having a bar or restaurant that offers adult beverages often encourages customers to return. Customers want to come back because they know they can have fun while enjoying delicious meals whenever they attend an event hosted by your establishment. 

You don’t have to be everywhere to expand your network. You can start right in your own establishment by letting your network come to you.

Know Your Liquor License

There are different types of liquor licenses available for each type of purpose. In some instances, if the business has a beer and wine package sales license only, it does not allow patrons to consume alcohol on the premises. Knowing the correct type of liquor license to apply for is the first step. Obtaining a liquor license can be a complex and expensive process, but it doesn’t need to be – our professional services can help you with this.

Get Started Today

Whether you’re planning an event or starting a new bar and restaurant venture, Liquor License Professionals can help you every step of the way.

With over 30 years of experience in the liquor license and hospitality industries, it’s safe to say our team knows the ins and outs of Florida liquor licenses and the hospitality industry.

Our direct experience in the hospitality industry can help your business start turning a profit from your liquor license this year. We always strive to help business owners create the business they’ve envisioned by giving them the tools they need to succeed.

For more information about what we offer, contact us by calling (321) 274-7104 or (386) 222-9668. You can also reach us by sending an email to info@liquorlicenseprofessional.com. We look forward to hearing from you!

Turning your Liquor License into Cash: Liquor License Professionals Can Help

Turning Your Liquor License into Cash: Liquor License Professionals Can Help

Selling your liquor license is a great way to generate more revenue for your business. Liquor licenses are valuable assets that can be sold at any time. The proceeds of these sales can provide substantial cash flow for business owners looking to sell their businesses or retire. If you are interested in selling your liquor license, check out this blog post on how our professionals help!

Why Sell Your Liquor License?

In addition to providing a source of revenue for your business, selling your liquor license can also provide you with cash that can be used for different purposes. You might use this money as a down payment on another property or invest it in new products and services.

If you’re looking for a way to quickly generate significant amounts of capital, then selling your liquor license and using a broker maybe your best.

While selling a liquor license is not difficult, it does require some research and knowledge of the local market. Before you can begin to sell your liquor license, you need to ensure that all State and Federal laws are followed for this sale to be legal. This requires extensive legwork on your part, but you don’t have to worry about that if you hire a liquor license broker to do it for you.

Suppose your city has specific rules and regulations about the sale of alcohol licenses. In that case, these brokers will know exactly what those are and can use that knowledge to their advantage when selling your license and help you navigate through any such bureaucracy should there be an issue with your desired location. Liquor License Professionals can help ensure that you are following all the rules when selling your license.

Avoid Costly Mistakes

The alcoholic beverage industry is governed by complex regulations and frameworks, varying by state. Partnering with a professional liquor license broker in Orlando, Fl, will keep you from costly yet avoidable mistakes. These mistakes often lie in business licensing, permitting, and regulatory compliance. Something as simple as the seller using the buyer’s newly acquired license during the post-closing process can lead to enforcement action taken upon the buyer and seller unless otherwise stated in the agreement.

Why Consult with Liquor License Professionals?

Florida rules and regulations make it difficult for people to navigate the liquor license transfer process. As liquor license professionals, we can help the two businesses properly conduct the transfer. 

Liquor License Professionals’ expert team is highly knowledgeable about the liquor license transfer process. We can assist both business owners in the liquor license transfer completing the process fast and efficiently.

We know the ins and outs of Florida Beverage regulations to help any business navigate the many laws in play for Florida. Our team of professionals is here to help any business conduct their transfer of a liquor license legally.

Our knowledgeable team helps prevent enforcement issues and keeps both parties moving forward. We make sure they know the various conditions of the license transfer agreement and how to complete them.

The team at Liquor License Professionals will make sure both businesses have the paperwork in proper order needed to ensure a smooth liquor license transfer. 

How a 4COP License Can Help You

The Quota (4COP) licenses are meant to sell beer, wine, and liquor on their premises and allow for consumption on-site. Drinks can also be sold in sealed containers to take off-premises as well. These types of licenses are perfect for bars, restaurants, nightclubs, and more. Having one can help your business during the holiday seasons, especially when many people are looking for a place to have an after-party. Judging from our previous experiences in this area, there is always a massive demand for these months and many others.

The liquor license process can be completed on time, which means you could have your new license before New Year’s Eve! The most significant advantage of having it procured before the holiday season is that you will have the advantage of selling alcoholic beverages for many corporate, private, or non-profit events that may need services to be provided.

Alcohol sales generate significant revenue for mid-tier and fine dining restaurants. Even a restaurant that sells a moderate amount of alcohol will aim for liquor to account for a share of the total revenue. The most successful restaurant owners aim for a 50 percent profit margin. This is why the best restaurants have wine list options by the glass or bottle as expensive as the meals they accompany. In some cases, the price of fine wine can exceed the price of a full course meal.

The more revenue a restaurant brings in, the better it looks to investors and lenders. A large percentage of revenue is generally used to pay for rent and utilities. The rest usually goes toward inventory and payroll, followed by marketing and administrative costs like legal fees. For restaurants that can bring in more than $1 million per year, 25 percent of gross income can mean a lot for their bottom line.

Contact Liquor License Professionals

Whether you’re gearing up for the season by refinancing your liquor license or planning on selling your liquor license to turn a profit, Liquor License Professionals can help you every step of the way. 

With over 30 years of experience in the liquor license and hospitality industries, it’s safe to say our team knows the ins and outs of Florida liquor licenses and the hospitality industry.

Our direct experience in the hospitality industry can help your business start turning a profit from your liquor license this year. We always strive to help business owners create the business they’ve envisioned by giving them the tools they need to succeed.

To receive more info about what we offer, contact us by calling (321) 274-7104 or (386) 222-9668. Establishments and their Owners can also reach us by sending an email to info@liquorlicenseprofessional.com. 

Please work with the best we are always available in person, by phone, or by email. Cheers.

Buying or Selling For the Holidays: Which is Best For Your Business?

Buying or Selling For the Holidays: Which is Best For Your Business?

It can seem challenging to decide whether to buy or sell a liquor license, especially during the holiday season. With New Year just around the corner, many businesses are deciding to receive additional funding for their business. 

Whether a person decides to buy, sell or finance their liquor license, Liquor License Professionals can help. Our team of professionals would be happy to help ensure that the transaction goes smoothly so that clients can focus on running their restaurant or storefront. 

While there are benefits to buying, selling and financing a liquor license, we are happy to help our customers ensure a secure, smooth and timely transaction. 

Buying a Liquor License

With the holidays coming up quickly, there has never been a better time to buy a liquor license. Buying a license can help bring the additional business that may be needed to turn a profit. While New Year’s Eve is a great way to end your business’s Q1 with a bang, Race Week, Bike Week, Fantasy Fest, Saint Patrick’s Day and Grand Prix F-1 are other major events or holidays that businesses can look forward to in the coming new year. 

Buying a liquor license might seem complicated, but our team at Liquor License Professionals is here to ensure that transactions between you and the party you’re buying from or selling to go smoothly. Our team not only oversees the transaction process between you and another owner, but we also help ensure all of the necessary paperwork and documentation is in place, prepared properly. 

Selling a Liquor License

If a business has struggled and needs extra revenue to continue operating, selling their liquor license may be beneficial. 

Sometimes, depending on a business’s clientele or business model, liquor sales might be more of a detriment than a benefit. Thankfully, Liquor License Professionals can help your business sell its liquor license, giving you access to cash resources to continue funding your business.

Our team recommends selling your liquor license if:
  • Liquor sales have decreased significantly over the months
  • Profits have turned into the red rather than in the black
  • The expense of operating with a liquor license has eaten into other aspects of the business

At Liquor License Professionals, we understand that a liquor license may not fit into specific business models. Sometimes, a liquor license can be detrimental to a business. A liquor license is an expensive investment, so, understandably, it might be ideal to sell it in some situations. 

Since liquor licenses are in short supply in the state of Florida, selling your license can help benefit both you and another business. You can sell your license and make a return on your investment, all while helping another business get the license they need to boost their profit. 

Selling can make things easier for a business, especially with the correct help. During many months of the year, there is usually a waiting list for a liquor license, meaning you may not have to wait for your liquor license to sell.

If there are not any restaurants or businesses available to buy your liquor license, we can buy your license off of you. Liquor License Professionals will sell this license once a restaurant or company expresses interest in it. This option allows people to get immediate access to the funds they need while providing additional resources for restaurants in need. 

The Mediation Process

By selling with Liquor License Professionals, the business owner ensures that they quickly get the money they need. Many people assume that they can do the liquor license transfer without assistance. This assumption is incorrect, as many different facets of transferring a license are many business owners don’t know about when they start the process.

Business owners should work with liquor license professionals to ensure a smooth, straightforward transfer. Not only do liquor license professionals know the ins and outs of the liquor license process, but they are also aware of all of the nuances involved in the liquor license transfer and placement to a location.

At liquor license professionals, we can mediate between parties, ensuring that both business owners get what they have negotiated, with the new business owner starting in the right direction.

Mediation is necessary because it ensures that:
  • A qualified third party is overseeing the agreement and transfer process 
  • Both parties get what they are requesting in the Purchase and Sale Agreement 
  • The transfer process is legal, efficient, and quickly completed 
  • Participants follow all Florida laws and regulations
  • The liquor license transfers correctly, thoroughly, and adequately to a new owner 

Why Consult With Liquor License Professionals?

Florida rules and regulations make navigating the liquor license transfer process seem challenging. As liquor license professionals, we can help the two businesses properly conduct the transfer. 

Liquor License Professionals’ expert team is highly knowledgeable about the liquor license transfer process. We can assist both business owners in completing the process fast and efficiently in the liquor license transfer.

We know the ins and outs of Florida Beverage laws and regulations to help any business navigate the many laws in play for Florida. Our team of professionals is here to help any business conduct their transfer of a liquor license legally.

Our knowledgeable team helps prevent enforcement issues and keeps both parties moving forward. We make sure they know the various conditions of the license transfer agreement and how to complete them.

The team at Liquor License Professionals will make sure both businesses have the paperwork in proper order needed to ensure a smooth liquor license transfer. 

Contact Liquor License Professionals

Whether you’re gearing up for summer by refinancing your liquor license or planning on selling your liquor license to turn a profit, Liquor License Professionals can help you every step of the way. 

With over 30 years of experience in the liquor license and hospitality industries, it’s safe to say our team knows the ins and outs of Florida liquor licenses and the hospitality industry.

Our direct experience in the hospitality industry can help your business start turning a profit from your liquor license this year. We always strive to help business owners create the business they’ve envisioned by giving them the tools they need to succeed.

To receive more info about what we offer, contact us by calling (321) 274-7104 or (386) 222-9668. Establishments and their Owners can also reach us by emailing info@liquorlicenseprofessional.com. 

We are always available in person, by phone, or by email..

How a 4COP License Can Help You This Holiday Season

Businesses are ramping up their holiday preparations as the year end approaches. With some of the most festive holidays, such as Thanksgiving, Hanukkah, Christmas, and New Year, just around the corner, any restaurant, nightclub, or bar can benefit from a liquor license. At Liquor License Professionals, we provide services for buying, selling, financing and consulting for liquor licenses, making the transition as efficiently effortless and straightforward as possible.

Why Consult with Liquor License Professionals?

Florida rules and regulations make it difficult for people to navigate the liquor license transfer process. As liquor license professionals, we can help the two businesses properly conduct the transfer. 

Liquor License Professionals’ expert team is highly knowledgeable about the liquor license transfer process. We can assist both business owners in the liquor license transfer completing the process fast and efficiently.

We know the ins and outs of Florida Beverage regulations to help any business navigate the many laws in play for Florida. Our team of professionals is here to help any business conduct their transfer of a liquor license legally.

Our knowledgeable team helps prevent enforcement issues and keeps both parties moving forward. We make sure they know the various conditions of the license transfer agreement and how to complete them.

The team at Liquor License Professionals will make sure both businesses have the paperwork in proper order needed to ensure a smooth liquor license transfer. 

How a 4COP License Can Help You

The Quota (4COP) licenses are meant for businesses to sell beer, wine, and liquor on their premises and allow for consumption on-site. Drinks can also be sold in sealed containers to take off-premises as well. These types of licenses are perfect for bars, restaurants, nightclubs, and more. Having one can help your business during the holiday seasons, especially when many people are looking for a place to have an after-party. Judging from our previous experiences in this area, there is always a massive demand for these months and many others.

The liquor license process can be completed on time, which means you could have your new license before New Year’s Eve! The most significant advantage of having it procured before the holiday season is that you will have the advantage of being able to sell alcoholic beverages for many corporate, private or non-profit events that may need services to be provided.

Alcohol sales generate significant revenue for mid-tier and fine dining restaurants. Even a restaurant that sells a moderate amount of alcohol will aim for liquor to account for a share of the total revenue. The most successful restaurant owners aim for a 50 percent profit margin. This is why the best restaurants have wine list options by the glass or bottle as expensive as the meals they accompany. In some cases, the price of fine wine can exceed the price of a full course meal.

The more revenue a restaurant brings in, the better it looks to investors and lenders. A large percentage of revenue is generally used to pay for rent and utilities. The rest usually goes toward inventory and payroll, followed by marketing and administrative costs like legal fees. For restaurants that can bring in more than $1 million per year, 25 percent of gross income can mean a lot for their bottom line.

Why During the Holidays?

Whether you’re preparing for the holidays by refinancing your liquor license or planning on selling your liquor license to turn a profit, Liquor License Professionals can help you every step of the way. With over thirty years of experience in the liquor license and hospitality industries, it’s safe to say that our team knows the details of Florida liquor licenses and the hospitality industry’s needs.

Our direct experience in the hospitality industry can help your business start turning a profit from your liquor license this year. We always strive to help business owners create the business they’ve envisioned by giving them the tools they need to succeed.

Working with Liquor License Professionals to acquire your 4COP-Quota Liquor License will quickly pay off the investment. With over thirty years of experience in assisting clients just like you, our team can help you every step of the way, from applying for your new liquor license to getting it approved by the state. We will help you get your license in a timely, efficient manner.

Let us help you run a profitable business with the most effortless licensing process possible by working to get you your 4COP-Quota Liquor License now!

Remember, our team is here for all of your liquor licenses needs, so be sure to let us know if we can help you out with.

Contact Liquor License Professionals

Whether you’re gearing up for season by refinancing your liquor license or planning on selling your liquor license to turn a profit, Liquor License Professionals can help you every step of the way. 

With over 30 years of experience in the liquor license and hospitality industries, it’s safe to say our team knows the ins and outs of Florida liquor licenses and the hospitality industry.

Our direct experience in the hospitality industry can help your business start turning a profit from your liquor license this year. We always strive to help business owners create the business they’ve envisioned by giving them the tools they need to succeed.

To receive more info about what we offer, contact us by calling (321) 274-7104 or (386) 222-9668. Establishments and their Owners can also reach us by sending an email to info@liquorlicenseprofessional.com. 

Work with the best we are always available in person, by phone, or by email. Cheers.

Create an Event Without the Headaches: A Liquor License May Be Required

Events are a fantastic way to bring people together, but they can also be quite the headache if liquor is served. Liquor License requirements will vary depending on where you live in Florida because each county has its own set of regulations that combine with the State regulations. In general, liquor licenses are issued by the state. For those who want to serve liquor at events, it is essential to know that a liquor license can be difficult and complex to obtain. The first step in obtaining a liquor license is finding out if you can place one at your location. If you do not have an existing one issued by the Division of Alcoholic Beverages & Tobacco, you will need to go to the Division and obtain the proper application. You will need a liquor license for any event where alcoholic beverages are served. Lucky for you, Liquor License Professionals is here to help. 

What is a liquor license?

A liquor license is a state-issued permit that allows you to sell alcohol in your establishment. Different states may have their own set of laws. Some states like Florida allow certain counties, such as Miami-Dade County, to permit alcohol sales 24 hours a day, seven days a week. Common laws are also found state-to-state, such as limiting the number of drinks you can sell to each customer and requiring unfinished bottles to be left inside the restaurant to prevent public intoxication. However, with to-go cups, this law is also varied in the State of Florida. 

Keep in mind that your license cannot be moved to another county since it is issued by the county through the State and not all licenses may be transferred to various locations.

Is your Building or Venue Located In An Appropriate Zone? 

It is critical to determine whether your property can be zoned to serve alcohol and if your property meets the requirements set by the county, allowing you to sell alcoholic beverages. It is critical to determine whether your business is in the right location for a liquor license. You may  not be able to sell alcohol near following locations:

Near Schools or Churches, and in instances to close to another licensed location. In other words, your building must be zoned or identified properly.

Is a license required if I serve alcohol to my guests at my home, a private venue, or outside?

To sell alcohol to your guests, you must either have a license issued by the Florida Alcoholic Beverage and Tobacco Law or hire a licensed caterer. It should be noted that, for a variety of reasons, licenses for alcohol sold at a private residence are not generally needed. If you’re thinking about opening up your own catering business, winery, beer distillery, or bar, you will need the proper liquor license. 

What Kind of License Will I Need? 

You will want to consider bringing the bar to the party. The Alcoholic Beverage Law in Florida allows two types of license holders to provide alcohol catering. Licensed food caterers can obtain an alcohol beverage catering license (13CT), which allows them to sell and serve alcoholic beverages at events in addition to food catering (see Working with Beverage Caterers). A consumption on-premises quota license (commonly referred to a 4COP) also allows the licensee to sell and serve alcoholic beverages at an event as long as food is provided.

What is the purpose of this license?

A Florida 13CT Catered Event Liquor License requires caterers to sell and distribute all types of alcoholic beverages at a catered event where the “licensee also provides fresh food.” Without this license, your catering company would be unable to sell or distribute alcohol, removing one of the most crucial benefit factors from your menu. Without the ability to sell or serve alcohol, you give your competitors a distinct advantage in your industry.

Consider the 4COP Liquor License for the Full Package.

Suppose you’re in any Florida county such as St. Johns, Brevard, Volusia, Collier, Lee, Charlotte, Walton, Escambia, Okaloosa, Citrus, Sarasota, Marion. In that case, you will want to consider a Quota License or  Full Liquor License. The 4COP-Quota license is one of Florida’s most demanded liquor licenses. With this license, business owners can sell beer, wine, liquor, package liquor, and cater alcoholic beverages. 

The 4COP-Quota license’s many applications are part of the reason it is so popular and costly to obtain.  With a 4COP-Quota Liquor License, business owners can sell:

  • Beer
  • Wine
  • Liquor
  • By the drink
  • By the package
  • Provide catering for events

Since this type of liquor license has so many uses in a business, it is an increasingly popular choice for small business owners. If you are a local venue, this license is an investment for lifetime profits!

How Liquor License Professionals Can Help

At Liquor License Professionals, we offer business owners a thorough understanding of which liquor license meets their needs. Our liquor license experts are here to help business owners with all of their liquor license needs and answer questions.  We offer the following services:

  • Hospitality Licensing Services
  • Buying Assistance
  • Financing or Refinancing Programs
  • Selling Assistance
  • Assist Small Business Caterers and Owners

Get In Touch Today

Whether you’re preparing for the holidays by refinancing your liquor license or planning on selling your liquor license to turn a profit, Liquor License Professionals can help you every step of the way. With over thirty years of experience in the liquor license and hospitality industries, it’s safe to say that our team knows the details of Florida liquor licenses and the hospitality industry.

Our direct experience in the hospitality industry can help your business start turning a profit from your liquor license this year. We always strive to help business owners create the business they’ve envisioned by giving them the tools they need to succeed.

To receive more info about what we offer, contact us by calling (321) 274-7104 or (386) 222-9668. Establishments and their Owners can also reach us by sending an email to info@liquorlicenseprofessional.com. We are always available in person, by phone, or through email. Cheers!

The Holidays Are Just Around the Corner: Is Your Business Ready?

The Holidays Are Just Around the Corner: Is Your Business Ready?

As the final quarter draws nearer, businesses are preparing for the holidays at full speed. With some of the biggest drinking holidays like Oktoberfest, Thanksgiving, Christmas, and New Years just around the corner, a liquor license can come in handy for any restaurant, nightclub, or bar. At Liquor License Professionals, we offer services for buying, selling, and consulting on liquor licenses, making the transition easy and efficient.

Liquor Licenses for Holidays

If there’s one thing that most holidays have in common, it’s that many of them are popular for social gatherings and having a couple of drinks. Business owners capitalize on this fact by acquiring liquor licenses for their restaurants, lounges, hotels, and more. In fact, any number of businesses can benefit from acquiring a liquor license, including the following:

  • Bars
  • Nightclubs
  • Lounges
  • Brew Pubs
  • Restaurants
  • Liquor Stores
  • Catering
  • Non-Profit Groups
  • Golf Courses
  • Public Event Centers
  • Hotels

The Timeline

As many business owners know, it’s important to keep an eye out for liquor laws that could affect their sales in certain areas or at specific times of the year such as Halloween, Thanksgiving, New Year’s Eve, and so forth. With the holidays fast approaching, businesses should get a head start and begin trying for a liquor license sooner rather than later. Otherwise, you might miss out.

It’s never too early to begin the liquor license purchasing process, so don’t wait until it’s too late. With Liquor License Professionals at your side, you can rest assured that you’ll be in a good position for success and growth as we help guide you through every step of the way. We know liquor laws inside out here at Liquor License Professionals. We offer comprehensive services from liquor licenses sales to consulting on how best to move forward with this important aspect of business operations.

Getting Your License

When buying a liquor license, it’s important to keep an eye on the price and location. Florida has a limited number of licenses, so staying on top of the game will help businesses get ahead in the purchasing game. Different counties will often have their own licenses and businesses that want to buy or sell licenses. Business owners can find liquor licenses for sale through Liquor License Professionals, making the process of buying a liquor license even easier and more accessible than ever before.

Types of Licenses

There are several types of liquor licenses that can grant you permission to sell alcoholic beverages. At Liquor License Professionals, we can help you buy or sell your license depending on your establishment type and get you all set up. The types of liquor licenses available include:

The 1COP License: The 1COP License is the most basic type of liquor license and allows businesses to sell beer for consumption on their premises. This license also means that “if local ordinances allow it, then the license authorizes package sales as well. Similarly, license fees for these licenses will vary based on population and county.” The 1COP License is a good choice for small businesses, restaurants, and others.

2APS License for Beer & Wine: 2APS Licenses allow establishments to sell beer and wine in sealed containers to consume off the premises. This means that a business can make the most of its license during the holidays without having to provide anything else. This is a great choice for smaller hospitality-based establishments, grocery stores, and more.

(3) Quota Series Licenses: Also known as 3DPS, 3CPS, 3BPS, 3APS, and 3PS licenses, these types of licenses are great options for liquor stores, and other places that would like to sell beer, wine, and liquor for consumption off-site. This group of licenses incurs temporary fees that vary based on population and county.

(COP) Quota Series Licenses: The 8COP, 7COP, 6COP, 5COP, and 4COP series of licenses is meant for businesses to sell beer, wine, and liquor on their premises and allows for consumption on-site as well. Drinks can also be sold in sealed containers to take off-premises as well. These types of licenses are perfect for bars, restaurants, nightclubs, and more.

The Special Motel / Hotel “S” Series Licenses: The Special Hotel/Motel licenses are for hotels, motels, and motor courts. With these licenses, consumers can purchase three types of alcoholic drinks for consumption on the premises. For these licenses, a hotel or motel must have at least eighty rooms available. 

The Historic Motel / Hotel Series Licenses: The more specific Historic Motel / Hotel series of licenses allows beer, wine, and liquor alcoholic beverages to be sold for consumption on-premise within the hotel or motel and package sales. The hotel or motel must make at least 51% of their gross revenues from room rentals to qualify.

Get In Touch Today

Whether you’re preparing for the holidays by refinancing your liquor license or planning on selling your liquor license to turn a profit, Liquor License Professionals can help you every step of the way. With over thirty years of experience in the liquor license and hospitality industries, it’s safe to say that our team knows the details of Florida liquor licenses and the hospitality industry.

Our direct experience in the hospitality industry can help your business start turning a profit from your liquor license this year. We always strive to help business owners create the business they’ve envisioned by giving them the tools they need to succeed.

To receive more info about what we offer, contact us by calling (321) 274-7104 or (386) 222-9668. Establishments and their Owners can also reach us by sending an email to info@liquorlicenseprofessional.com. We are always available in person, by phone, or through email. Cheers!

The Best Way to Sell Your Liquor License

How Do I Sell a Liquor License?

With 2020 being difficult for businesses and restaurants across Florida, 2021 seems to be a much better year. With events starting back up again, business owners are finally on their way to making money again. 

Summer is coming up, which means an increase in alcohol sales across the Sunshine State. With so many people relocating or vacationing here, alcohol with restaurant sales in Florida are looking to increase over the next few months.

This increase in business might not be enough of a push for most business owners, unfortunately. 2020 was a challenging year, with many companies and restaurants going into the red. 

Since restaurants and bars were closed or operating with limited capacity, many business owners have had a hard time bouncing back.

Selling a Liquor License

If a liquor license payment has been a burden, instead of a boost, it may be best to sell the liquor license to make a profit or help turn your business around.

We recommend selling the liquor license if:

  • Liquor sales have significantly decreased over the months
  • The expense is eating into the restaurant or bar profits
  • Profits have turned into the red rather than in the black 

At Liquor License Professionals, we understand that a liquor license might be bringing a business down more than it is helping. A Liquor license is an expensive investment, so it may be best to sell them off if they are significantly draining revenue. 

Since liquor licenses are in limited supply in Florida, selling can be a massive benefit to any business especially with values at an all time high. Selling the liquor license can give a company the extra money it needs to make ends meet, making it easier for profits to go into the black allowing business to continue.

Because liquor licenses are in such short supply, selling can be easier with the right help. During most months of the year, there may be a wait for liquor licenses, which means you can profit from the sale in no time.

The Mediation Process

By selling with Liquor License Professionals, a business owner ensures that they get the money they need quickly. Many people assume that they can do the liquor license transfer without assistance. This assumption is incorrect, as there are many different facets to transferring a license that many business owners don’t know about when they start the process.

To ensure a smooth, straightforward transfer, business owners should work with liquor license professionals. Not only does liquor license professionals know the ins and outs of the liquor license process, but they are also aware of all of the nuances involved in the liquor license transfer and placement to a location.

At liquor license professionals we can mediate between both parties, ensuring that both business owners get what they have negotiated, with the new business owner starting in the right direction.

Mediation is necessary because it ensures that:

  • A qualified third party is overseeing the agreement and transfer process 
  • Both parties get what they are requesting in the Purchase and Sale Agreement 
  • The transfer process is legal, efficient and quickly completed 
  • Participants follow all Florida laws and regulations
  • The liquor license transfers correctly, fully and properly to a new owner 

A Purchase Agreement

Purchase agreements detail all of the specifics of the liquor license cost to the transfer of the liquor license to any legalities involved.

A purchase agreement should include

  • Location of the seller’s establishment or were the liquor license is transferred to
  • Details of the Purchase and Sale
  • Purchaser’s warranty
  • Bill of Sale outlining the purchase
  • Specific legalities involved and qualifications 
  • The total purchase price to be paid by the purchaser
  • Settlements statement 
  • Time, Date and location of Closing

Once business owners provide all of this documentation, a successful sale with transfer of the liquor license can occur. Liquor License Professionals can ensure that both parties pay all fees and all documentation is correctly completed. After all documentation will be submitted to the Division of Alcoholic Beverages & Tobacco for processing.

Involved in the Sale of a Liquor License

Many laws and regulations govern liquor licenses. These laws and regulations exist to prevent unlawful or unfair liquor license transfers. Since there are many laws and regulations in place, a business must know the various rules that may impact their sale or the transfer.

If business owners do not correctly follow regulations, it could cause costly mistakes for all owners involved. These mistakes are avoidable with the aid of Liquor License Professionals in the liquor license transfer.

Some of these common mistakes may include;

  • Business licensing errors
  • Lack of Building Permitting
  • Lack Regulatory compliance verification 

To provide an example, the sale of liquor in the post-closing process by the new license owner could violate Florida regulations. This violation could lead to potential enforcement issues,leading to unnecessary expenses, fees, and legal issues or even revocation of the liquor license.

Why Consult with Liquor License Professionals ?

Florida rules and regulations make it difficult for people to navigate the liquor license transfer process. At liquor license professionals we  can help the two businesses properly conduct the transfer. 

Liquor License Professionals’ expert team is highly knowledgeable about the liquor license transfer process. We can assist both business owners in the liquor license transfer completing the process fast and efficiently.

We know the ins and outs of Florida Beverage laws and regulations to help any business navigate the many laws in play for Florida. Our team of professionals is here to help any business conduct their transfer of a liquor license legally.

Our knowledgeable team helps prevent enforcement issues and keeps both parties moving forward. We make sure they are aware of the various conditions of the license transfer agreement and how to complete them.

The team at Liquor License Professionals will make sure both businesses have the paperwork in proper order, needed to ensure a smooth liquor license transfer. 

Contact Liquor License Professionals

Whether you’re gearing up for summer by refinancing your liquor license or planning on selling your liquor license to turn a profit, Liquor License Professionals can help you every step of the way. 

With over 30 years of experience in the liquor license and hospitality industries, it’s safe to say our team knows the ins and outs of Florida liquor licenses and the hospitality industry.

Our direct experience in the hospitality industry can help your business start turning a profit from your liquor license this year. We always strive to help business owners create the business they’ve envisioned by giving them the tools they need to succeed.

To receive more info about what we offer, contact us by calling (321) 274-7104 or (386) 222-9668. Establishments and their Owners can also reach us by sending an email to info@liquorlicenseprofessional.com. 

We are always available in person, by phone or email. Cheers.

The Ins and Outs of Refinancing a Liquor License

How Do I Refinance a Liquor License?

With 2020 being difficult for businesses and restaurants across Florida, 2021 seems to be a much better year. With events starting back up again, business owners are finally on their way to making money again. 

Unfortunately, debt or late payments incurred from the previous year may make paying for a liquor license a bit difficult. Even if liquor is a huge source of profit for a business, a license’s cost may be difficult for a company to justify. 

Thankfully, there is a way for business owners to hang onto a liquor license and get cash for any necessary business expenses. Refinancing a liquor license might be the best course of action for businesses looking to keep their license and get the money they need to run their businesses.

Refinancing allows a business to:

  • Make smaller liquor license payments over an extended time
  • Get cash for other necessary expenses
  • Recover from a downturn in finances

Why Refinance a Liquor License?

Liquor licenses are a great way to keep income flowing for your business or restaurant. With plenty of sporting events and drinking holidays just around the corner, there has never been a better time to refinance a liquor license. 

With May swiftly approaching, there are plenty of holidays and events that can help a business increase its profits. We’ve listed a few of the significant events to look forward to as summer rolls around:

  • Kentucky Derby 
  • Cinco de Mayo
  • Summer Holidays
  • Nationwide NASCAR Races
  • 4th of July

Businesses that see good profit returns from their liquor sales but need a bit of extra cash on hand may want to consider refinancing. Refinancing can be a way to get a business out of debt while allowing a business owner to afford their license.

Liquor licenses can be expensive but sometimes necessary for a business or restaurant. If there are significant returns from alcohol sales but not enough to negate 2020’s debt, it may be best to refinance. If sales are increasing, refinancing can be a vital step to giving a business the little push it needs to profit. 

Are There Risks to Refinancing?

Of course, there are some risks to refinancing a liquor license. Owners should be confident that their liquor license is worth its overall cost before proceeding with refinancing. Businesses that are losing too much money to afford liquor license fees might not want to refinance. 

If you’re planning on refinancing, you should be aware of the following potential risks:

  • Higher interest rates
  • Could impact business’ credit score

Was 2020 Too Hard for Your Business?

If 2020 was too hard to justify refinancing your business’s liquor license, there are still other ways for you to make ends meet. There are many solutions to get back up and running for companies that are struggling too much to benefit from their liquor license.

At Liquor License Professionals, we offer many routes to turn a liquor license into profit. 

If you feel the refinancing risk is too high, we provide additional services that may suit your business’s needs better. 

Here are just a few of the services we offer our customers:

  • Selling a Liquor License
  • Business Consulting

Selling a Liquor License

Liquor licenses are in high demand and short supply in Florida, meaning that it may be best to sell if a business isn’t benefiting from their license. Selling could give a company the extra money it needs to make ends meet.

Liquor licenses are expensive, and if a business isn’t seeing great returns, it is most likely best to sell. Licenses are often challenging to come by, so selling a license might bring a business a higher cash value than expected. 

There is also the added benefit of providing another business owner with the ability to sell liquor, allowing both you and the other business to profit off the same liquor license. 

Selling a Liquor License With Liquor License Professionals

At Liquor License Professionals, we can mediate the buying and selling process. We’ll act as a third party between you and another establishment, making the liquor license transfer process simple and efficient.

If you don’t have another establishment in mind, we can still help you. We can purchase liquor licenses from any business, providing a fast, easy way to obtain necessary funds. Since we are liquor license market experts, we can help provide the best value for a liquor license to start to turn a profit. 

If we purchase a liquor license, we will hold onto it until another business expresses interest in buying it. Once the company is ready to move forward, we will sell them your old license. This practice ensures that someone is always using a liquor license rather than it sitting unused.

Hospitality Consulting

Sometimes, a business may need a complete overhaul and refresh to start turning a profit. This change of pace has become increasingly common in 2021. This year, many companies have either expanded or changed their audiences entirely, completely adjusting their business model in the process. 

At Liquor License Professionals, we understand that owning a business is a dynamic, fluid process. Whether a company is first starting or has existed for years, it can sometimes be best to adjust a business model to ensure maximum profit. 

Hospitality Consulting With Liquor License Professionals

We offer comprehensive hospitality consulting that can help your business determine whether a restructure is necessary. Our knowledgeable team will look over a business’s overall structure, pinpointing particular strengths and weaknesses. This service can help any business, as sometimes having a third party evaluate a company can determine where change may be necessary to drive a profit. 

Hospitality consulting isn’t just for successful businesses; any company can benefit from it. Hospitality business consultation can help any business adapt to new trends and markets. Consulting is beneficial whether a business wishes to remain relevant or tackle new demands. 

Suppose 2020 and any of the hardships associated with it made you rethink your current business model or want to tackle a new industry. In that case, hospitality consultation might be a significant next step for your company.

Contact Liquor License Professionals

Whether you’re gearing up for summer by refinancing your liquor license or planning on selling your license to turn a profit, Liquor License Professionals can help you every step of the way. 

With over 30 years of experience in the liquor license and hospitality industries, it’s safe to say our team knows the ins and outs of Florida liquor licenses. 

Our direct experience in the hospitality industry can help your business start turning a profit from your liquor license this year. We always strive to help business owners create the business they’ve envisioned by giving them the tools they need to succeed.

To receive more info about what we offer, contact us by calling (321) 274-7104 or (386) 222-9668. Establishments and their Owners can also reach us by sending an email to info@liquorlicenseprofessional.com

Get Ready for Summer Break!

indoor bar

March 2021 brought growth back to Florida bars, nightclubs and restaurants, as travelers and locals enjoyed Spring Break with its multiple events. There isn’t a better time to obtain a liquor license and enjoy Florida than in the spring; between January and throughout the entire summer break, there are many opportunities to turn your business’s profits from red to black.

Spring Break 2021 showed bar, nightclubs and restaurant owners that Florida is officially back in business. Especially compared to last Spring Break, bars, nightclubs and restaurants thrived this year. This upward trend won’t stop at Spring Break, either. With Florida considered one of the top vacation excitement destinations in the United States, there will be many opportunities to continue turning a profit, even after Spring Break. 

What To Look Forward To

May is swiftly approaching, and with it comes a plethora of summertime holidays that your bar, nightclub or restaurant shouldn’t miss. May is just the start of all of the excellent opportunities for your business. 

Summer events your bar, nightclub or restaurant won’t want to miss:

  • NASCAR
  • The Kentucky Derby
  • Cinco de Mayo
  • 4th of July
  • Summer Holidays

May is Just Around the Corner

The Kentucky Derby kicks off on May 1, which will kick off Florida’s summer with a bang. Despite not taking place in Florida, the Kentucky Derby is a highly-televised and top-rated event. Many people across the country bet on competing thoroughbreds; Florida is no exception. The event will drive a lot of traffic to sports bars and restaurants, as people gather to watch the event with friends over drinks. 

Soon after the Kentucky Derby is Cinco de Mayo, which is a massive celebration throughout Florida. Cinco de Mayo is a celebration commemorating the Mexican Army’s victory during the Battle of Puebla in 1862. 

While different from Mexican Independence Day on September 16, Cinco de Mayo is recognized as a way to get together with friends and celebrate. It is an important day for any bar or restaurant owner to prepare for, as well. Since it is celebrated worldwide during the start of Florida’s summer, expect both travelers and locals to be participating in Cinco de Mayo festivities. 

Summer comes near the end of May for students in Orange County. Other counties in Florida end the school year, as well. With school out for the summer, many families will start making their vacation plans for the summer. Even families outside of Florida will undoubtedly begin making plans to travel here, which is why bars, restaurants, and hotels should be ready for summer.

Was 2020 Too Hard for Your Business?

Despite the success from Spring Break 2021, your business still might be in the red from 2020’s drop. Thankfully, for companies that have been struggling, there is a solution. Selling or Refinancing a liquor license could help your business get the money it needs to operate successfully and renew itself.

At Liquor License Professionals, we offer many ways to turn your liquor license into a profit for your business. May and summer vacation are the perfect time for restaurants to maximize their profits and regenerate. If you feel that the risk is too high, we are happy to offer you other services that might fit your business’s needs better:

  • Refinance a Liquor License
  • Sell a Liquor License
  • Business Consulting

Not everyone needs a liquor license. Sometimes it’s okay to accept that and restructure a business. At Liquor License Professionals, we can help establishments understand that.

Refinance a License

Sometimes, the liquor license itself can be a factor that puts a business into the red. Even if your business is making money from liquor sales, it might not still be enough to cover the initial cost of the liquor license. Liquor licenses are, in fact, expensive, which makes them hard for many businesses to successfully afford them.

Thankfully, we offer refinancing options for liquor licenses, which will allow your business to get the extra cash it may need, all while maintaining your liquor license. Refinancing is an excellent option for businesses looking to keep their liquor license, despite its cost.

Sell a License

If full liquor hasn’t helped your business turn a soli profit, then the best option might be to sell the liquor license altogether. If your business is on the verge of closing, selling the liquor license might be the best way to gain some capital to restructure.

Selling your liquor license would be a way for another business owner to get a chance to sell full liquor. Since licenses are often difficult to come by, selling your liquor license may bring you a higher cash value than you realize.

At Liquor License Professionals, we can mediate the buying and selling process, acting as a third-party between you and another establishment. 

If you don’t have another establishment in mind, don’t worry. We have the ability to purchase your liquor license and provide a fast, easy way to obtain funds needed. We are liquor license market experts, and we’ll help provide the best value for a liquor license so your business can turn a profit, moving forward.

Hospitality Business Consulting

Sometimes a business doesn’t need to refinance or sell its liquor license; it needs a complete overhaul and refresh. This is increasingly common nowadays, with many companies having to restructure to match the fluctuating ever changing market. 

If your business needs support during the restructuring process, Liquor License Professionals is here to help. We offer hospitality consulting, effective in pinpointing weaknesses or strengths in your business. Sometimes, having a third-party evaluate your business can help point out where change might be necessary to drive a profit. 

Even successful businesses can benefit from consulting. Hospitality business consultation can help a business adapt to new trends and markets, allowing it to stay relevant. 

Contact Liquor License Professionals

Whether you’re getting ready for May and buying a liquor license, selling or refinancing one, or need hospitality business consulting, Liquor License Professionals is here to help. We know the ins and outs of Florida liquor licenses being a trusted source with over 30 years of industry experience, using our knowledge of the hospitality industry to help businesses obtain a liquor license and create the business they have envisioned.

To receive more info about what we offer, contact us by calling (321) 274-7104 or (386) 222-9668. Establishments and their Owners can also reach us by sending an email to info@liquorlicenseprofessional.com