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FRIDAY, MARCH 9, 2012, 10:46 A.M.

State liquor board launches online auctions for 167 liquor stores

While opponents are still legally challenging the validity of Initiative 1183, which privatized liquor sales in Washington, you can start looking at ways to bid on 167 state- run stores that will be sold off this year.

The initiative will allow private companies to sell spirits starting  June 1.

In the meantime, the state liquor control board has a website devoted to the whole bidding process, which started this week. Minimum bids will be $1,000 per store.

Successful bidders will have the exclusive right to sell spirits at 167 locations less than the 10,000 square feet threshold established by Initiative 1183.

There's a FAQ here to explain the ins and outs of the process.

The online auction closes April 20, 2012. Announcement of winning bidder(s) is tentatively scheduled for April 30, 2012.




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The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.






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