As you plan and prepare to open your bar or restaurant in the state of Florida, you may have a lot of questions, namely how you go about getting a liquor license so that you can effectively run your business. It’s a fair question as without a liquor license you would only be allowed to operate a dry establishment and potentially lose substantial clientele. To start, you need to know the difference between SRX and Quota Liquor Licenses. We’ll start by looking at the SRX, also commonly known as the 4COP.
A liquor license will become one of your business’s most powerful assets. Learn more about SRX and Quota Liquor Licenses and get expert assistance when you buy or apply for a license today.
What Are The SRX & Quota License Differences?
To put it in simple terms, the 4COP-SRX Liquor License is reserved for restaurants that sell beer, wine, and spirits. Applicants must meet a certain criterion, for example, they must only allow the consumption of alcohol while on the premises. This means that any alcohol sold by the establishment cannot be carried off the premises in a bottle or a cup, but can be enjoyed at the bar or one of your tables.
One of the most significant benefits of this type of license is that it is not limited to other kinds of liquor licenses. We will go into the limitations of other licenses in the next section but for now, let’s take a look at the SRX license and what requirements your establishment needs to meet to get one.
How big is your facility? Say you have a restaurant, but it is under 2,500 feet; unfortunately, in most counties, you will not qualify for a liquor license. If you have a space that is greater than 2,500 feet however you can put your hat in the ring, so to speak. The biggest drawback to the SRX is that you cannot make package alcohol sales which might limit your transactions just a bit. Something to keep in mind as you are planning out your business strategy is that every single county has its own rules and regulations regarding the sale of alcohol and with that in mind, you should check with the district office to learn what you can and cannot do in your area.
Steps To Take
- Identify the type of establishment you have
- Get your space measurements
- Ask questions at your district office
- Apply for your license
Remember – if you want to run the hottest establishment in Florida, you’re going to need to have the right liquor license to do it.
4COP-Quota Liquor License
Rules and Regulations – How to Make Sure You Keep Your Liquor License
SRX & Quota Licenses Rules and Regulations
Even if you don’t meet the 2,500-square-foot requirement, you can still obtain a liquor license, and this is where the 4COP-Quota Liquor License comes into play. If you are running a bar or a tavern, you probably won’t have the space required for the SRX, but that doesn’t mean you don’t want to sell beer, wine, and spirits. Don’t worry; the state of Florida still has you covered.
The 4COP-Quota Liquor License allows for consumption on the premises, and it is very similar to the SRX. The problem, however, is that while it offers similar options for the sale of liquor, this license is limited in quantity. Your county determines the number of available licenses based on the population of the area. In Florida, the number of usable licenses goes up by one every time the population increases by 7,500 residents. If you know that there is one available, then you have a few different options including:
Private Sellers –If an existing license holder chooses to sell their license, you can obtain it from them at the price that they set. In most cases, supply and demand, as well as the seller’s personal preference, determine the price.
Yearly Lottery –Each year your county holds a lottery, and it is up to you to enter your name and hope for the best. Once again, your chances depend on how many others are hoping to open their own small establishment and how many licenses are available.
Getting a liquor license in your county can open a lot of business opportunities for you. Being able to find one is the first and most important step. Make sure you ask the right questions and most importantly, read our next blog where we go through the steps you need to take to get your Florida liquor license in detail.
Get Help With SRX & Quota Licenses In Florida
Liquor licensing rules can be complex. Even understanding the difference between an SRX and a quota liquor license is just one part of the process. You will need to look at your business needs, determine the type of liquor you want to sell, and see which liquor license types you qualify for.
All of this can be confusing. More importantly, it is always time-consuming. Your day-to-day tasks require focus and dedication. Operating a restaurant, bar, or café, etc. is a serious undertaking. Having to navigate the red tape of the Florida liquor license process is simply too much for the average entrepreneur.
Instead of making your way through the process alone, you can talk to a team of qualified professionals at Liquor License Outlet. With years of experience in the legal and hospitality industries, we know exactly what is needed to get your business licensed and fully compliant.
Our services have helped countless businesses to sell liquor legally and increase their bottom line.
- A consulting service to help you find the right license for your needs.
- Assistance with applications for quota licenses and non-quota licenses.
- A service where we will find the most cost-competitive quota licenses sold by private entities in Florida.
- Business financing to help you with costly licenses in the most competitive regions.
Having a license and being able to sell liquor can be a real asset. The most successful restaurants derive a significant portion of their revenues from liquor sales. You can join the most successful businesses in Florida with a license of your own. Contact us today for more information and to begin your Florida SRX or quota liquor license search.