A very successful restaurant in Boston is looking for capital and willing to pledge liquor license for competitive financing. I’m a broker looking for a direct funding partner that can accommodate this request. Please send inquiries to info@ecapitalresource.com
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It depends on the type of license, and location, ill explain the licenses.
4COP-SRX means “Restaurants Selling Beer, Wine, and Spirits”. Restaurants meeting certain criteria can qualify for a “4COP-SRX” license, which allows the licensee to sell beer, wine, and spirits for consumption on-premises only and in connection with a bona-fide restaurant. There is no limit to the number of 4COP-SRX licenses that a state will issue and are usually $1200. - This license requires you to sell food.
4COP-QUOTA means “Beer, Wine, and Sprits for Consumption On-Premises”. This license type is typically held by bars, nightclubs, taverns, or other establishments that do not meet the 4COP-SRX restaurant license requirements. Unlike the licenses described above, the number of 4COP licenses is determined by a population-based quota system. Avg between $60,000 to $150,000 depending on area- This license doesn't require you to sell food.
2COP means “Beer and Wine Consumption on Premises”. This license is for a facility that wishes to sell both beer and wine for on premises consumption. Many small restaurants and sandwich shops hold 2COP licenses. $500.
You also need to determine if liens were filed against it from the state and or vendors.
Originally posted by kayd2984 View PostA very successful restaurant in Boston is looking for capital and willing to pledge liquor license for competitive financing. I’m a broker looking for a direct funding partner that can accommodate this request. Please send inquiries to info@ecapitalresource.comJerry Starr
Insource Funding
433 Plaza Real, Ste 275 Boca Raton, Fl 33432
P: 800-805-3391 || Fx: 561-270-6895
Jerry@insourcefunding.net || insourcefunding.net
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