The Pennsylvania Liquor Control Board will accept sealed bids in its auction for 20 expired restaurant licenses – including one in the City of Lebanon – through Monday, Sept. 25.
The minimum bid is $25,000, and each bid requires surety of the higher between $5,000 or 5% of the bid amount. In the previous two license auctions, held in November 2022 and June 2020 respectively, a Lebanon city license was purchased for $151,000 and a South Lebanon Township license was purchased for $102,000.
Bidder questions can be sent to RA-LBLicenseAuction@pa.gov before 12 p.m. Friday, Aug. 25. A FAQ document will be posted by 3 p.m. Tuesday, Aug. 29.
The 11 previous expired restaurant license auctions have led to the state recognizing more than $36 million in revenue (with a small portion of that escrowed pending license approval).
Find more information about the auction on the Pennsylvania eMarketplace website.
Questions about this story? Suggestions for a future LebTown article? Reach our newsroom using this contact form and we’ll do our best to get back to you.
Free news isn’t cheap. If you value the journalism LebTown provides to the community, then help us make it sustainable by becoming a champion of local news. You can unlock additional coverage for the community by supporting our work with a one-time contribution, or joining as a monthly or annual member. You can cancel anytime.
