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Questions to ask Brokers:
Q: Do you Buy & Sell Licenses?
Q: Who will hold the Escrow Deposit?
Q: Who conducts the closing on the Liquor License?
Q: Who fills out required paperwork to transfer a license & what other services will the Broker provide?
Q: Where can I get financing to purchase a liquor license?
General Questions:
Q: Do I have to be a Florida resident to own a liquor license?
Q: Why should I choose FBI to represent me?
Q: If I have a Liquor License, but don't want to sell it separate from my business, can you help?
Q: What other services can Florida Business Investments offer me?
Q: Does Florida Business Investments sell liquor license throughout the state?
Q: How much will I have to pay for a liquor license?
Questions to ask Brokers:
Q: Do you Buy & Sell Licenses?
A: If the answer is yes, then there is a chance they will buy your license at a below
market price and then sell it for a profit. FBI never buys and sells licenses. We only
Broker them. - Back to Top
Q: Who will hold the Escrow Deposit?
A: Many of the Liquor License Brokers are not licensed real estate Brokers or Attorneys.
Therefore, there isn't any accountability for escrowed funds. FBI is a licensed Florida
Real Estate Broker. - Back to Top
Q: Who conducts the closing on the Liquor License?
A: This is a very important question. A Liquor License can not be transferred if any of
the following reasons exists: If there is any administrative action against the license, if
there are any liens or judgments against the license, if there is any unpaid Florida Sales
Tax or surcharge owed, if there are any unpaid Beverage Distributors, and if the license is
not in good standing (Unpaid renewal fees or administrative action against the license).
For these reasons, FBI will only close a transaction with a knowledgeable attorney that
will conduct all of the necessary UCC-1 and lien searches with both the state and the
Division of Alcoholic Beverages & Tobacco. Whatever you do, never close on a liquor
license without a qualified attorney. - Back to Top
Q: Who fills out required paperwork to transfer a license & what other services will the Broker provide?
A: Most Brokers will complete the Beverage License Transfer Applications. However,
FBI will assist the Buyer in obtaining zoning, sales tax number, health and fire
inspections, and set up the appointment with the Division of Alcoholic Beverages &
Tobacco. This allows the license to be transferred in a timely hassle free manor. - Back to Top
Q: Where can I get financing to purchase a liquor license?
A: The best source is a Bank or Financial Lender. Many Brokers want to sell you a
license and also finance it for you. Beware of this policy, it can lead to disaster! Most
brokers charge up to 16% interest, 5 Points on the note and have a 10 percent prepayment
penalty. Together with the high interest and points you will pay infinitely more than the
purchase price. Also if you want to sell the license or your business, you will have to pay
the prepayment penalty as well. This alone could cost you thousands. FBI can usually
arrange Bank or SBA Loans at a much lower and competitive rate. - Back to Top
General Questions:
Q: Do I have to be a Florida resident to own a liquor license?
A: No, you do not have to be a citizen or a Florida resident. However, if you or a
corporation that you own have been convicted of a felony in the state of Florida or any
other state within the past 15 years you may not be eligible to own a Florida Liquor
License. - Back to Top
Q: Why should I choose FBI to represent me?
A: Knowledge, Experience & Professionalism! Bob Lasek has been serving the Central
Florida hospitality real estate and business brokerage market
since 1986. With a
proven track record of over 700 successfully closed hospitality transactions each of which
required the transfer of a license, and the sale of over a hundred liquor licenses,
statewide, Bob Lasek has clearly established a reputation as the Number One Broker in
the industry! - Back to Top
Q: If I have a Liquor License, but don't want to sell it separate from my business, can you help?
A: Yes. Florida Business Investments Inc. is a licensed real estate and business broker
specializing in the sale of hospitality businesses, liquor license, and package stores. Just
click on the link to MrBroker1.com to view our web pages. - Back to Top
Q: What other services can Florida Business Investments offer me?
A: FBI is as close to a One Stop hospitality brokerage firm that you will encounter. Our
expertise encompasses a thorough knowledge of the industry; including real estate and
business brokerage, market and business analysis, site selection, lease negotiation, and
the sale of Florida alcoholic beverage licenses. Florida is comprised of 67 counties and
hundreds of municipalities all with different zoning requirements, codes and ordinances.
There are also a several different state governmental agencies regulating your business.
Finding the answers to all of the information that one would need to make any type of
intelligent business decision is absolutely mind-boggling. As part of our service to our
clients, Florida Business Investment Inc will guide your through this jungle and compile
and prepare the endless forms and applications and hand walk all of the necessary paper
work through the appropriate agencies. We can also recommend qualified professionals
such as attorneys, accountants, contractors, and suppliers. - Back to Top
Q: Does Florida Business Investments sell liquor license throughout the state?
A: Yes. FBI has built a large network for securing Florida Liquor Licenses for sale. We
are a Florida Licensed Real Estate and Business Brokerage Firm and conduct business
throughout the state. FBI will assist you with zoning, county and municipal ordinances
and codes, and state statues. Beware of companies that broker Liquor Licenses
nationwide. They are often not knowledgeable in these areas. - Back to Top
Q: How much will I have to pay for a liquor license?
A: The price varies from county to county so there is no set price. Licenses are issued in
a lottery by the State of Florida approximately once a year. They are called quota
licenses because the number of licenses issued to any given county is based on 7500 new
residents to a particular county. License values are based in part on supply and demand.
Most counties have an average established price. However, if there is a glut of licenses,
the price will often be less than average, but if a license in a particular county is hard to
find, then the price could be higher. - Back to Top
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