TERMS & CONDITIONS OF SALE

LACKAWANNA COUNTY LIQUOR LICENSE

R-10506
LID #69510

DATE & TIME OF AUCTION: TUESDAY, OCTOBER 1, 2019 @ 10:00AM
LOCATION OF AUCTION: OFFICES OF: COWLEY AUCTION COMPANY,

3350 N MAIN AVE.,
SCRANTON, PA. 18508
OR ONLINE AT: cowley1.com

DEPOSIT REQUIREMENT ON AUCTION DAY: $5,000.00 BY SUCCESSFUL BIDDER. BALANCE OF
SUCCESSFUL BID AND BUYER PREMIUM DUE NO LATER THAN 10/8/2019
THIS LICENSE WAS FORMERLY ISSUED TO: BLU WASABI, LLC, 223 Northern Blvd., South
Abington Township, PA. 18411.
THIS LICENSE IS VALIDATED AND PRESENTLY IN "SAFE KEEPING" WITH THE PENNSYLVANIA
LIQUOR CONTROL BOARD. IT CAN REMAIN IN SAFE KEEPING UNTIL JULY 16, 2021. IT CAN BE
TRANSFERRED AT ANY TIME.
ALL ASSESSMENTS, TAXES AND FINES (if any) HAVE BEEN PAID IN FULL.
THIS LICENSE MAY BE RELOCATED TO ANY PLCB APPROVED FACILITY LOCATED IN
LACKAWANNA COUNTY.
WE ARE SELLING THIS LICENSE FOR FNCB BANK.
THIS SALE IS SUBJECT TO A MINIMUM BID OF $39,500.00. THERE IS A 10% BUYER PREMUIM.
THIS LICENSE WILL SELL TO THE HIGHEST BIDDER AT OR ABOVE $39,500.00.
FNCB WILL TRANSFER ALL RIGHT, TITLE & INTEREST IN THIS LICENSE TO THE SUCCESSFUL
BIDDER AND WILL FULLY COOPERATE AND FULFILL ANY DOCUMENTATION REQUIREMENTS FOR
PLCB TRANSFER. THE SUCCESSFUL BIDDER WILL BE RESPONSIBLE FOR ANY COSTS OF TRANSFER
TO THEIR FACILITY, REQUIRED BY PLCB.

Lackawanna County, PA Liquor License The licensed premises must be no less than 400 sf, equipped with at least 30 chairs or the equivalent seating, at tables, booths or bar for public use. Primary purpose of "R' Licensed establishment is to provide food service.