September 14, 2016
The Pennsylvania Liquor Control Board is auctioning off several expired liquor licenses across the state.
Forty licenses in 21 counties will be up for bidding, including four in Philadelphia County; two each in Delaware, Chester and Montgomery counties; and one in Bucks County, the PLCB announced Tuesday.
Minimum bids of at least $25,000, including a $5,000 bid deposit, are due by Oct. 27.
These licenses are among 1,200 that have expired since 2000. The PLCB said it will be auctioning off the rest in the coming months and years.
The auctions are being held amid a shortage of licenses as well as rising costs to obtain them, The Philadelphia Inquirer reports.
The ability for the PLCB to auction off the licenses comes as a result of the passage of Act 39, a bill signed by Gov. Tom Wolf earlier this summer that brought major reforms to the state's Liquor Code.