A Florida Liquor License is one of the most important things you’ll need before you can even think of opening the doors of your new restaurant or bar to your first set of customers. A proper license will enable you to sell alcohol with no legal trouble and give your business a legitimate way to gain income. But planning the cost of a Florida liquor license can be hard due to the number of variables involved. The actual cost of the license can vary based on many different factors, including:
The business location and the total population in that county. The cost of a quota license is based on the county’s total population. In counties with more people, the cost can be much more expensive than in a densely populated rural area where there aren’t many licenses given out and less demand overall.
When you apply for the license, at the start or end of the year. If there are only a few months left in the year, the price can be lower. However, if there are no licenses left through the county, you can end up purchasing one from a private seller, who can set a price of their own.
How long of a period the license will be valid after you purchase it? Seasonal or temporary licenses are less expensive than those that cover a permanent business because they are only valid for a set period. If you are hoping to work your way up to having a permanent business, a seasonal business can help you get an idea of whether it will be financially viable.
Whether the license is for all types of liquor or simply beer and wine. A full license carries a higher price than one that only covers sales of certain kinds of drinks. But it is also harder to get and more expensive than a beer and wine license. You can learn more about the various costs of a Florida Liquor License.
The amount of food your venue will sell. Places that make at least half of their profits from food sales can apply for an SRX license, which is designed for restaurants. The price for this license can vary based on the category of SRX license, as there are over twenty different categories. However, the ability to sell food is sure to bring your establishment much more profit and increased liquor sales.
The best way to get a quick idea of what your liquor license may cost is to contact a Liquor License outlet in Florida. Our expert team can answer any questions you have and give you a realistic idea of what the cost of the License will be. The cost of your liquor license can vary by thousands of dollars depending on the particulars of your situation, so the only real way to plan for this cost is to get a good estimate.
How Can You Afford the Cost of a Florida Liquor License?
Once you have an idea of what the cost will be, we can even assist you in getting the license and financing the total cost.
While many people outside of the hospitality industry do not realize it, the cost of getting a Florida liquor license can be astronomical. Quota licenses, in particular, can carry a heavy price tag that makes it hard to get your business off the ground, especially if you’re already spending a lot to get the business opened. Financing this cost through Liquor License Outlet can help your business get started on time and within budget, regardless of how high the actual cost of the license is. With financing in place, you can add a monthly payment to your budget instead of spending a huge chunk of your funds up front on the license. In this way, your establishment can be open and generate income before you have to spend the money needed to get a license. For many business owners, this can be a godsend at a time that is already very financially taxing. Contact us today to find out more about how we can help you purchase a liquor license in Florida, no matter what your budget is.