Your Complete Guide to Opening a Liquor Store in Florida in 2022

Register your business and get a license

Next, register your new business and apply for a liquor license immediately. A license is necessary to make any liquor-related sales in the state of Florida, so you need this very necessary documentation sorted out. Additionally, apply for permits that you’ll require for any renovations, repairs, adjustments, or unique services. Look into which permits you require with your business plan in mind and make the process more streamlined.

Connect with suppliers for the store

Once you have permits and your license underway, connect with suppliers who will provide you with the required alcohol, food, and other supplies that your business needs. Sorting out suppliers beforehand is an important business move and one that you should underestimate at no cost.

Are you on the fence about opening your very own liquor store in Florida? You’re in a lot of luck because we’re here to walk you through the process and allow you to buy your very own business.

If you’re ready to take that exciting next step in your new endeavor, set up a meeting with The Business Exchange of Florida (TBXFlorida) as we help you connect with sellers, finalize your dealings, and get this show on the road.

When trying to launch your own liquor store or even a related business such as a restaurant or bar, here are some tips to make the process easier:

Start with detailed market research

Market research is the very first step to launching a new business. In the US alone, liquor store sales are valued at around $6.07Billion, which is evidence enough to know that it is a thriving industry. Whether you go into it selling only liquor, or offering other services such as food, wining and dining, entertainment, or other products, there is a lot of room for growth.

Create a unique plan for your business

Next, create a unique plan for your business. Since you’ll be purchasing a business, you may be able to rework the existing plan and strategy and take a rebranding approach. What is it that you can do for your company? Make projections, ideas, and devise a detailed business plan that will help you get loans approved and find out if you’re lender pre-qualified.