City bar’s license for grabs on eBay
Published May 23rd, 2006
Mark Lasker and Peter Allen are selling their Baltimore liquor license on the Internet. And the ad, written by Lasker, is a grabber:
“Rare Opportunity. These licenses are no longer issued by the Baltimore City Liquor Board. They are only available from an ever dwindling pool of pre-existing licenses.”
The asking price is $125,000 - a sum bar industry insiders say is not exorbitant considering the license’s location near Federal Hill, a hub of nightlife in the city that is off-limits to new tavern licenses. The license could also be moved to another part of the city’s 46th legislative district, which includes Canton and Fells Point.
“If they get more than $125,000, that would set the standard,” said Melvin J. Kodenski, a Baltimore attorney who has helped broker dozens of liquor license sales over the years.
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