PLCB announces top bidders in 11th restaurant license auction

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PLCB announces top bidders in 11th restaurant license auction
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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 number of bids received for each of the 20 licenses receiving bids ranged from one to seven.Winning bids and bidders were posted to thefollowing the opening of bids Wednesday morning and subsequent bid validation.

Top bidders have 14 days from the date of each Notice of Selection to remit full bid payment to the PLCB. If bid payment is not received within two weeks of auction award, the second-highest bidder will have the opportunity to remit its full bid payment, the release said. Each auction winner has six months from the issuance of the Notice of Selection to file a license application with the PLCB. Bids 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, Centre, Chester, Clinton, Dauphin, Delaware, Elk, Lebanon, Mifflin, Monroe, Montgomery, Montour, Northampton, Schuylkill, Wayne, andrevenue recognized thus far from all previous auctions totals $32.9 million, while another $100,000 remains in escrow, pending license approvals.

The PLCB regulates the distribution of beverage alcohol in Pennsylvania, operates 600 wine and spirits stores statewide, and licenses 20,000 alcohol producers, retailers, and handlers.

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