The summertime tends to be our busy season here at Beverage Law Institute and we wanted to share with you a few of our clients recent openings or business changes.
Table 23, Tallahassee
Located in the heart of midtown Tallahassee, Table 23 has a southern-inspired menu with craft drink options. You can dine inside or on their lovely porch under the oaks for dinner or Sunday brunch.
Piper’s Kitchen, Alys Beach (30A)
Open daily from 8am-3pm, Piper’s Kitchen is located next to the bike shop and offers breakfast sandwiches, tacos, a kids menu, and beer and wine. Enjoy a casual al fresco meal at their picnic tables and please everyone in your family!
5 Guys Burger and Fries, Aventura
5 Guys Burger and Fries has opened another one of their famous handcrafted burger restaurants at the Aventura Mall. Known for their burgers, fries, hotdogs, and shakes, 5 Guys is now open daily for lunch and dinner!
Smashburger has been a hit in Tallahassee and they have recently opened another location at Village Square. Swing by for lunch or dinner and enjoy one of their delicious burgers, fries, and a shake.
North Light Yacht Club, Niceville
Located at the North Light Marina at the intersection of HWY 85 and HWY 20, the yacht club has moved their package store upstairs above the restaurant. With such a convenient location, you can pick-up your drinks and are only minutes from Destin Harbor and Crab Island.
Posted on: July 20, 2016
Liquor License Lottery: We have SELLERS!
As many of you are aware, the Florida liquor license lottery took place yesterday and several of our clients won quota licenses and are ready to sell. The licenses that we have available from the lottery include the following counties:
Contact us at the office (850) 386-7020 if you are interested in any of these licenses!
Posted on: April 14, 2016
2015-2016 Quota Liquor License Lottery Drawing
The date for the for the 2015-2016 Florida liquor license lottery drawing has been announced. It will be held here, in Tallahassee, at the DABT headquarters on April 13th, at 9 am. If you were entered into the lottery or are looking to purchase a license in one of the counties that will be issued a license, keep in touch with with us.
Here is the list of counties and the number of licenses per county that the state will be issuing:
PALM BEACH (2)
ST. JOHNS (1)
Posted on: April 5, 2016
New Rules Just Passed for Escrow Extension
The state has rewritten the rule pertaining to the escrow period of a Florida liquor license. As it was before, once a licensee is issued a new license or received a license through transfer, they have six months to be active and open for business. Once in business, they should be operating at least eight hours a day for at least 210 days or more during any 12 month period. If a business is not abiding by these rules, the state has grounds for revocation or suspension of the alcoholic beverage license.
As far as what has been changed with the escrow rule, the division is giving one-time waivers for a 12 month period as long as the license was acquired in an arms length transaction. This means that it cannot be transferred from a relative, affiliate, or other related entity. In order to obtain the one time waiver for escrow, the licensee must demonstrate that:
1. The licensed location has been physically damaged to the degree that active operation of the business in impracticable;
2. Construction or remodeling is underway to relocate the license to another location;
3. The licensed premises has been prohibited from making sales as the result of any order from the court
Posted on: March 15, 2016
Beverage Law’s Liquor License Loan
Beverage Law’s loan management company, Alpine Start, uses private lenders for each loan. Most lenders use these loans as a retirement tool and their intentions are not to foreclose and take the borrowers license. We work extensively with the borrower to keep them caught up on payments and out of foreclosure. Interest rates are high, but since they are based solely on the liquor license, they are easy to get into. We currently have several lenders ready, so contact us if you are in need of a liquor license loan.
Posted on: February 16, 2016
Leon and Duval County Liquor Licenses in high demand
As many of you know, quota liquor license prices vary from county to county and that price is set by the supply and demand for each county. There is currently a low supply and a high demand for liquor licenses in Leon and Duval counties, creating a potentially inflated market. This means that licenses in these counties are yielding all time high selling prices. Today’s price for a Leon county liquor license is $475,000.00 and Duval county is $520,000.00
It is hard to know exactly how long buyers will be willing to pay such high prices, but we expect that with the release of new licenses in the Florida Liquor License Lottery within the next month, there will be an increase in supply which will lower the prices.
The great news is, if you own a liquor license in Leon or Duval counties, you are at an opportune time to sell. Contact us if you are interested!
Posted on: February 9, 2016
Tallahassee bars to stay open until 4 am
On Wednesday, January 27th, city commissioners passed an ordinance in Tallahassee to allow all city establishments that serve alcohol to stay open until 4:00 am. This will be the new rule for all types of restaurants and bars and is much later than the current 2:30 am closing time. Establishments will still have to abide by the city’s rule that beer, wine, and liquor sales halts at 2:00 am, but they can continue to stay open and sell food during those last two hours.
City commissioners understood that local bars and nightclubs would benefit financially by staying open later by selling food and tickets to special events. This new ordinance will go into effect in 30 days.
Posted on: January 28, 2016
Florida’s Escrow Extension Rule
There has been a lot of recent discussion on the rule extending the escrow period of quota liquor licenses. In the past, a quota was allowed to sit in escrow for up to two years, but in December of 2015, the Division of Alcohol Beverage and Tobacco announced the repeal of that rule. Now, there are no extensions of escrow unless your business location has been destroyed or you are incapacitated under court order.
We are working to change this law and hope to allow extensions of escrow quota licenses for up to two years. Let us know if you have any questions about the new ruling or wish to join in our efforts to change the law.
Posted on: January 25, 2016
2015-2016 Liquor License Lottery
Last week was the deadline to enter for the 2015 quota Liquor License Lottery. As a county increases in population by 7,5oo people, the state issues a new quota license by the way of the lottery. The following counties will have at least one new license issued:
Broward, Dade, Duval, Escambia, Hillsborough, Lake, Lee, Leon, Manatee, Orange, Osceola, Palm Beach, Pasco, Pinellas, Polk, and St. Johns
We will let you know when the drawing is scheduled as soon as we find out!
Posted on: October 5, 2015
Responsible Vendor Program
One of the services that we offer at Beverage Law Institute is our Responsible Vendor Training Program. Our program trains managers and employees to serve alcohol responsibly which lowers an establishments insurance, reduces the risk of civil liability, and protects licenses from license suspension or revocation.
Our training material and exam are offered online and employees receive a certificate upon completion. In order to comply with Florida’s Responsible Vendor Act, we also send out three newsletter a year to be discussed with employees.
Posted on: August 31, 2015