In this edition of local business news, the Pennsylvania Liquor Control Board says the top bid received during its recent auction was for a Montgomery County restaurant liquor license. The Giant Company is helping to feed TriCounty area residents. Site work is under way on a new Toll Brothers project in Perkiomenville.
Top photo by by Zetong Li on Unsplash, used under license
High Bid for Montgomery County Liquor License
HARRISBURG PA – A bidder has agreed to pay $361,100 for a Montgomery County restaurant liquor license, the Pennsylvania Liquor Control Board reports.
The amount represents the top bid among 20 restaurant licenses the board most recently put up for auction. For comparison, the average top bid in the auction was $113,214, the board says.
The license is for a location in Lansdale PA, but neither it nor its owner are identified. That’s apparently because the license ownership change has not yet been approved.
The auction winner has six months in which to file a license application with the board. If its filing deadlines are not met, or for other reasons, the board says the license could be offered to the second-highest bidder.
During the auction held in October, one license was available in each of 20 counties. Of those, 16 were awarded to highest bidders, a board media release states. The lowest board-accepted top bid was $26,500 for a business in Delaware County. Four licenses received no bids.
The cost of liquor licenses has been trending higher since late 2022, according to a report from Saxton & Stump, a law firm.
The state Liquor Control Board regulates the distribution of beverage alcohol in Pennsylvania. It operates about 600 wine and spirits stores statewide, and licenses 20,000 alcohol producers, retailers, and handlers.
Wine photo by Kelsey Knight on Unsplash, used by Travels With The Post under license
Giant Food Focuses Charitable Giving on Hunger Relief
CARLISLE PA – Food banks that operate in western Montgomery, eastern Berks, and northern Chester counties are expected to benefit from a new charitable effort by supermarket owner The Giant Company.
Giant said Tuesday (Dec. 3, 2024) it intends to focus its business “giving efforts this season on hunger relief.” It announced the donation of $160,000, and 3,000 hams, to 15 food banks and pantries within in its service region. They include:
- Philadelphia-based Philabundance, which helps stock smaller food banks in Montgomery and Chester counties;
- Exton-based Chester County Food Bank;
- Helping Harvest Fresh Food Bank, headquartered in Reading and serving Berks County; and
- The Salvation Army Eastern Pennsylvania and Delaware Division, which includes its Boyertown and Norristown centers.
“While food banks, food pantries, and Salvation Army locations are focused on the fight against hunger year-round, the need is most felt this time of the year,” Giant Vice President of Human Resources Jennifer Scott says. “No family should have to go without a holiday meal.”
Giant also encourages its customers to help make a difference in huger during the holidays. Between Friday (Dec. 6) and Dec. 24 (Christmas Eve, Thursday), customers at any Giant, Giant Heirloom, or Martin’s market “can donate free ham certificates at the register in-store to a local food bank,” it says. Customers also can buy reusable bags to benefit regional food banks.
Photo by Curated Lifestyle on Unsplash+, used under license
Toll Brothers Building Homes in Perkiomenville
PERKIOMENVILLE PA – Perkiomenville is due for more residential construction, the Philadelphia Business Journal reports.
In a recent article, reporter Paul Schwedelson writes that luxury home-builder Toll Brothers recently bought 42 acres of land for $8.2 million at 19 Little Rd., Perkiomenville. The company intends to build 43 single family homes. The parcel is within the the Perkiomen Valley School District and just north of Route 73.
Site work is already under way. Toll anticipates marketing homes there by Fall 2025.
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