LIQUOR LICENSE BROKERS
Contact Liquor License Professionals for all of your liquor license brokerage needs. We are a team of full service liquor license brokers located in Orlando, Florida. We specialize in the unpredictable issues that come with buying or selling a liquor license for a new or existing establishment. With over 30 years in the Hospitality Industry, we are aware of the pitfalls one can experience in this ever changing process. We strive to understand your goals, and then put our expertise to work to help you fully realize your vision.
Getting Started With A Liquor License Broker
Why do I need to hire professionals to help me buy or sell a liquor license for my business? We collaborate and advise all stakeholders from the establishment owners to higher level franchise developers and attorneys, at any level of the acquisition process. When buying or selling a liquor license, it is essential to be working with the correct purchase agreement. Otherwise you are bound to experience the pitfalls that this business is notorious for. While possible to do alone — Negotiating a purchase agreement that fairly protects both parties requires careful consideration and experience. Your purchase agreement should clearly state:
- The location of your establishment and your license number
- The purchase and sell agreement, outlining all properties involved (i.e. liquor license, liquor and related stock, furniture, building, etc)
- The total purchase price to be paid by purchaser, itemized by property
- Bill of Sale/ escrow outlining how the money will be handled and deposited
- Settlements of accounts as well as time of settlement
- Purchaser’s warranty
- Legalities such as disapproval of failure, risk of loss, binding effects, and arbitration
Avoid Costly Mistakes
The alcoholic beverage industry is governed by complex regulations and framework, 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 the business licensing, permitting, and regulatory compliance. Something as simple as the seller using the buyer’s newly acquired license during the post closing process, unless otherwise stated in the agreement, can lead to enforcement action taken upon the buyer and seller.
Mediate Between Buyers and Sellers
A professional liquor license broker is not only invaluable for their knowledge of local and state regulation, but also for their ability to mediate and expedite the buying/selling process between both parties. From partnering with the seller to find a motivated and qualified buyer, to signing the papers, the liquor license brokers at Liquor License Professionals will ensure that both parties are receiving what they are entitled to as quickly and efficiently as possible.
Facilitate the Transfer Process
Upon closing, the brokers at Liquor License Professionals will ensure that the new ownership is properly documented, all fees from both parties are satisfied, and a transfer application packet is properly filled out and submitted to the Florida Department of Business and Professional Regulation.
Liquor License Professionals offers a choice of loan options to Clients, working to meet their needs and business goals.
Buy – Sell – Finance a Liquor License
Industry Knowledge and Expertise
Liquor License Professionals a Trusted Source for Liquor Licenses in Florida.
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