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Mallard Markets a top bidder for PLCB license

Following validation of 43 bids received by the March 16 deadline for the tenth restaurant license auction authorized by Act 39 of 2016, the Pennsylvania Liquor Control Board has issued Notices of Selection to top bidders on 18 licenses.

Mallard Markets Inc. in Mahoning Township had a top bid in Carbon County of $55,645.

Winning bids range from $25,111 for a license in Butler Township, Schuylkill County to $250,112 for a license in Lansdale, Montgomery County. The average winning bid in the auction was $88,508.

The number of bids received for each of the 25 licenses receiving bids ranged from one to six.

Seven licenses - one each in Armstrong, Cameron, Crawford, Erie, Greene, Washington and Westmoreland counties - received no bids.

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. 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.