Rolf Boone/The Business Blog Modified October 21, 2012
The state Liquor Control Board is set to auction off 15,000 cases of alcohol and related products at a live auction in Seattle Nov. 1.
The auction, which begins at 10 a.m., is open only to spirits retailers, distributors and restaurant licensees who are 21 or older. Prospective bidders will need to put down a $5,000 deposit.
The auction will be divided into 138 lots: five lots of mini-bottles, eight lots of pints, 10 lots of high-dollar items and 115 lots of spirits, wine, mixers, garnish and beer. The Liquor Control Board paid $1.29 million for the inventory.
If you go:
-Time: Registration is at 8 a.m.; live bids begin at 10 a.m.
-Location: Liquor Control Board distribution center, 4401 East Marginal Way, Seattle.
-Format: Live auction led by a local auction company.
-Bid deposit: $5,000.
For more information, go to: http://www.liq.wa.gov
Source: http://www.theolympian.com/2012/10/21/2292733/liquor-control-board-to-sell-remaining.html
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