8187 W Fairfield DrivePensacola, FL 32506

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