A liquor license in Florida can cost as little as $10,850 or as much as $300,000. The cost is dependent on whether someone purchases one on the open market or is lucky enough to win the state's annual liquor license lottery.
Florida offers a finite number of liquor licenses each year. As one establishment closes, its liquor license is then freed up for another prospective licensee. The state holds an annual liquor license lottery with an entry fee of $100. The winners must pay a fee of $10,750 to claim their new licenses. Some people enter the lottery for the sole purpose of selling the license. This open-market cost is generally in the hundreds of thousands of dollars.