ESTABLISHED LIQUOR STORE BUSINESS FOR SALE

Showing Instructions: Call Darina Ivanova at 850-602-1635.

Due to its wide-ranging benefits, the 3PS license holds considerable value. Entrepreneurs and investors see this as a strategic asset, providing both immediate growth opportunities and long-term business potential. Any new location that would house the 4COP may require zooming and compliance checks to ensure that the new establishment meets state and local regulation for selling alcohol. However, the conversation from 3ps to 4cop exists statutorily without any hearings or variances required.

Process for Conversion:

Application Submission: You’ll need to apply through the Florida Department of Business and Professional Regulation (DBPR). The process involves submitting an application to upgrade the license to allow for on-premises consumption of alcohol, alongside off-premises sales (if applicable).

Quota License: The 4-COP license is a quota license, meaning that its availability is limited based on the population of the county. If you’re not within the quota or are seeking a license in a fully-allocated area, you may need to buy a quota license from someone who holds one.

Approval: The approval process may require zoning and compliance checks to ensure that the establishment meets state and local regulations. Any new location that would house the 4COP may require zooming and compliance checks to ensure that the new establishment meets state and local regulation for selling alcohol. However, the conversation from 3ps to 4cop exists statutorily without any hearings or variances required.

Costs:

License Fees: The annual State of Florida costs of a 4-COP license varies based on county population. In Escambia County, the fee will be around $1,820.

License Purchase: Since 4-COP licenses are quota-based, purchasing one on the open market may cost well over $400,000, depending on the demand in the county.

The 3-PS license you currently have is for off-premises consumption only, and upgrading to a 4-COP would allow your business to serve alcohol on-site, opening new revenue streams such as a bar or restaurant setup. This makes the upgrade an attractive option for buyers who may want to expand the business model.

Your Key to Owning Pensacola’s Premier Liquor Store – Business, Assets, and 3-PS Liquor License Included

Business Overview:

A is a well-established, profitable liquor store located in a prime area of Pensacola. This thriving business has served the community for years, offering a unique combination of competitive pricing, a wide selection of popular brands, and impeccable customer service. With gross annual sales consistently around $900,000 and a history of solid profitability, this is a turn-key opportunity for the right buyer, with the current gross annual income of $200,000.

Location:

Situated in a high-traffic location on Fairfield Drive, benefiting from excellent visibility and access to a loyal customer base.

Business Assets:

The sale includes all business assets except for the current inventory, which can be negotiated separately. Assets include all fixtures, furniture, and equipment, allowing for a seamless transition. Most notably, the business holds a valuable 3-PS Liquor License – a highly sought-after license type that permits the sale of alcohol for consumption. This license can easily be upgraded to a 4-COP license, providing even more flexibility and revenue potential.

Liquor License Opportunity:

The liquor license is the crown jewel of this offering. Florida’s liquor licenses are limited in number and highly regulated, making them incredibly valuable. Currently operating under a 3-PS license, the new owner has the opportunity to upgrade by state statute to a 4-COP, which expands the business potential for on-site consumption, allowing you to create new revenue streams by incorporating bar services or special events. This is a rare chance to control one of the most desirable licenses in the industry.

Financial Overview:

Sales:

Consistently generates approximately $900,000 in gross sales annually. Net Profits: With gross profit margins hovering around 23-24%, the business nets around $200,000 annually, providing a solid return for the owner.

Growth Potential:

With its established customer base and high-demand liquor license, there is ample room to expand. Whether through the addition of a delivery service, online ordering, or capitalizing on the ability to serve alcohol on-site through a 4-COP upgrade, the opportunities are abundant. The market for liquor sales continues to grow, and Liquor Paradise is perfectly positioned to take advantage of this trend.

Why This Business Is a Great Investment:

This isn’t just another business for sale – it’s a thriving part of the Pensacola community with incredible potential. You’re not only purchasing a profitable, well-run operation but also gaining access to one of Florida’s most valuable liquor licenses. The current owner is ready to transition, offering full support during the handover process, making this a true turn-key investment.

Lease:

The property is currently leased, with the lease expiring on January 15, 2025. The lease can be easily renewed, giving the new owner flexibility and security in continuing operations. The lease currently stands at $29,107.83 for rent in the most recent year, and with utilities and operating expenses well-managed, the overall cost structure allows for continued profitability.

Prospective buyers are welcome to visit the store to observe and walk through the space. However, do not engage in any discussions with the staff, customers, or the owner. Please refrain from asking questions or discussing the potential sale with anyone. For all inquiries, clarifications, or additional information, please contact the listing agent.