A Quota License is a type of liquor license that allows the establishment the ability to serve beer, wine, and liquor. Being the most inclusive option of liquor license, the state of Florida has mandated that there only be a finite number of Quota Licenses active in any given county. This number is calculated on several factors including the size and population of a given county. So how are these licenses distributed? There are two options available to a business owner looking to purchase a Quota License in the state of Florida.
Purchase A Quota License from Someone Seeking to Sell
Given that there is only a finite number of quota licenses available, an owner of an establishment cannot simply apply for one through their county or the state and pay the fee. Instead, they will need to purchase one that already exists. These kinds of transactions are typically made through brokers who have availability from business owners who no longer need their license because they may be making a business change, closing their business or no longer wish to include alcohol or liquor sales. The cost to purchase this license is entirely dictated by the market values based upon recent sales, the seller and is not set by the state or county. This is where Liquor License Professionals comes in to assist.
Enter a Quota License Lottery Drawing
When new licenses become available, and are not directly acquired by another business, they are entered into a quota license lottery drawing. A drawing for a license will be made annually for counties showing a growth in population. In this drawing, hopeful business owners enter for a chance to be awarded a license. (Note: entering this lottery does not guarantee a license only a chance of being awarded one in the counties of growth.) With this entry comes several stipulations that an individual or business owner needs to be aware of when filling out their application:
- Entry Form filing Fee is $100.00
- A activation Fee can be as much as $10,000.00
- An entrant can be an individual or a business, but is only allowed one entry per county.
- An entrant cannot be entered more than once within a given county.
- Entry must be submitted online, by mail, or by hand to the Florida Divison of Alcoholic Beverages & Tobacco before the given deadline.
Entry forms will be accepted by the Florida Division of Alcoholic Beverages & Tobacco on the third Monday of August each year. From this date, forms can be submitted for up to 45 days. The Team at Liquor License Professionals will help you to craft your application following the appropriate procedures and guidelines to ensure you have a fair chance at this opportunity.
Liquor License Professionals are a highly experienced team in the buying and selling of liquor licenses in the State of Florida. When buying or selling a liquor license, it is essential to be working with the correct resource to avoid the pitfalls that can be encountered in business. Liquor License Professionals can aid and properly advise you in navigating the negotiation process to reach a fair conclusion to benefit your business needs being well versed in the complex framework of the hospitality industry, Without a proper guide, it can be easy to fall into avoidable roadblocks that will delay your process and cost you tremendous amounts of money. Once the license Closing is complete, count on our team to wrap up any and all loose ends delivering your license to your location. Our team will ensure that the new ownership is properly documented, all fees are satisfied, and a transfer application packet is properly filled out and submitted to the Division of Alcoholic Beverages & Tobacco Contact Liquor License Professionals a trusted resource today to get started.