The Pennsylvania Liquor Control Board will auction its 11th round of expired restaurant licenses since the practice began in August 2016 with the passage of Act 39.
The last auction was held in June 2020, when Ideal Food Basket purchased a license for $101,900 before seeing its relocation to the City of Lebanon blocked by Lebanon City Council.
Other recent examples include one that sold for $58,135 in September 2019, and a third in March 2019 for $125,000.
Licenses will also be auctioned off in neighboring Berks, Dauphin, and Schuylkill counties.
The minimum bid is $25,000. Bids can be made through noon on Monday, Oct. 31. Bids will be opened Wednesday, Nov. 2. Bids must be accompanied by a bid surety of $5,000 or 5% of the total bid amount, whichever is higher. Bids can be submitted online.
Questions can be sent to RA-LBLicenseAuction@pa.gov before noon Friday, Sept. 23. Answers will be posted by 3 p.m. on Wednesday, Sept. 28.
Find more information on the PLCB’s website.
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