Fifth Auction of Expired Restaurant Licenses Now Open: Bids Due April 19
An invitation for bids
is now open for the award of 30 expired restaurant licenses – the Pennsylvania Liquor Control Board’s fifth license auction since Act 39 became effective in August 2016.
The auction, which will again use a sealed bid process, includes one license in each of the following 30 counties: Allegheny, Berks, Blair, Bucks, Cambria, Cameron, Clearfield, Columbia, Dauphin, Delaware, Erie, Lackawanna, Lebanon, Lehigh, Luzerne, Lycoming, McKean, Mercer, Mifflin, Monroe, Montgomery, Northampton, Philadelphia, Schuylkill, Somerset, Sullivan, Susquehanna, Venango, Warren, and York.
Bids for the 30 licenses offered are due by noon Thursday, April 19. Bids will be opened Friday, April 27, and auction winners will be determined soon thereafter.
The minimum bid for each license is $25,000, and each bid must be accompanied by a bid surety of $5,000 or 5 percent of the total bid amount – whichever is higher – to avoid frivolous and underfunded bids.
The highest responsive bidder for each license will win the right to submit an application for the license to the PLCB within six months of auction award. If bid payment is not received within two weeks of auction award, the second-highest bidder will have the opportunity to apply for the license. Bids will be held in escrow by the PLCB, pending approval of the license application.
Bidders with questions regarding this invitation for bids
must submit inquiries via email to RA-LBLicenseAuction@pa.gov
by noon Tuesday, March 6. Questions and answers will be posted to the Department of General Services e-marketplace website by 3:00 PM Thursday, March 8.
Lists of winning bids from each of the four previous auctions can be viewed through the links to the right.