Liqour selections

Pennsylvania Liquor Control Board names top bidders at 11th Annual Restaurant License Auction

Harrisburg – Following the validation of bids received by the October 31 deadline for the 11th Restaurant License Auction authorized by Law 39 of 2016, the Pennsylvania Liquor Control Board (PLCB) has issued selection notices to the highest bidders on 20 licenses.

Winning bids range from $25,111 for a license in Benezette Township, Elk County to $460,751 for a license in Uwchlan, Chester County. The average winning bid of the auction was $154,833.

The number of offers received for each of the 20 licenses being offered ranged from one to seven.

Sixty-nine total bids were received and a Cambria County License received no bids.

Winning bids and bidders were posted on the PLCB Restaurant License Auction webpage following the opening of bids on Wednesday morning, November 2, and subsequent validation of bids.

The top bidders have 14 days from the date of each notice of selection to remit full payment of the bid to the PLCB. If payment for the bid is not received within two weeks of the auction being awarded, the second highest bidder will have the option to remit their entire bid.

Each auction winner has six months from the issuance of the selection notice to file a license application with the PLCB. The offers will be held in escrow by the PLCB, pending approval of the license application.

This auction included one license in each of the following 21 counties: Berks, Blair, Bradford, Bucks, Cambria, Carbon, Center, Chester, Clinton, Dauphin, Delaware, Elk, Lebanon, Mifflin, Monroe, Montgomery, Montour, Northampton, Schuylkill, Wayne and York.

Auction revenue recorded so far for all previous auctions totals $32.9 million, while an additional $100,000 remains in escrow, pending licensing approvals.

The PLCB regulates liquor distribution in Pennsylvania, operates 600 liquor stores statewide, and licenses 20,000 liquor producers, retailers, and handlers. The PLCB also works to reduce and prevent hazardous underage drinking through partnerships with schools, community groups and licensees. Taxes and profits from the stores — totaling nearly $19.5 billion since the agency’s inception — go to the Pennsylvania General Fund, which funds schools, health and social service programs, enforcement of the law and Pennsylvania’s public safety initiatives, among other important public services. The PLCB also provides financial support to the Pennsylvania State Police Bureau of Alcohol Control, the Department of Drug and Alcohol Programs, other state agencies, and local municipalities across the state. State. For more information about the PLCB, visit lcb.pa.gov.

MEDIA CONTACT: Shawn M. Kelly, 717.303.8522

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