An invitation for bids is now open for the award of 25 expired restaurant licenses - the Pennsylvania Liquor Control Board's sixth 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 25 counties: Armstrong, Bradford, Bucks, Cameron, Carbon, Clinton, Crawford, Dauphin, Elk, Greene, Huntingdon, Lebanon, McKean, Mercer, Montgomery, Northampton, Northumberland, Philadelphia, Pike, Potter, Schuylkill, Susquehanna, Washington, Wayne, and Westmoreland.
Bids for the 25 licenses offered are due by noon Thursday, Aug. 2. Bids will be opened Monday, Aug. 6, 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 Thursday, June 28. Questions and answers will be posted to the Department of General Services e-marketplace website by 3:00 PM Monday, July 2.
Lists of winning bids from each of the five previous auctions can be viewed through the links to the right.