Following validation of 47 bids received by the August 2nd deadline, the Pennsylvania Liquor Control Board (PLCB) is issuing Notices of Selection to top bidders on 20 licenses. Winning bids range from $25,331 for licenses in Bradford and Clinton counties to $351,001 for a license in Plumstead Township, Bucks County. The average winning bid in the sixth auction was $94,609.
The number of bids received for each of the 20 licenses receiving bids ranged from one to seven. Five licenses: one each in Armstrong, Cameron, Crawford, Schuylkill, and Westmoreland counties received no valid bids.
This auction included 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.
Auction revenue recognized in fiscal year 2016-17 and thus far in 2017-18 totals $21.5 million, while another $4 million remains in escrow, pending license approvals.
For more information about the PLCB, visit www.lcb.pa.gov.