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Silverman Law Office Expands to Butte

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7 Montana Liquor Licenses Up for Auction

Posted on August 21st, 2019

House Bill 2 of the 2017 Special Legislative Session converted the liquor license lottery to a liquor license auction sale. While the Department of Revenue was adopting the new rules in 2018, licenses that would have previously been awarded via the lottery began to accumulate. The minimum bid is set at 75% of the market value of the license compared to licenses with the same type and privileges sold in the quota area, or similar area. All bids must include the following:

*A $100 processing fee plus any possible payment processing fees,

*An Irrevocable Letter of Credit from a financial institution with the same name listed as the bidder on the electronic Department of Revenue form,

*Offer equal to, or greater than, the minimum bid amount.

Montana Liquor License Information

The highest bidder meeting all requirements is allowed to apply for the license. Anyone who wants to apply must submit their bid through the Department of Revenue.

Quota Area License Type Minimum Bid
Bozeman On-premises Beer $220,000
Helena On-premises Beer $112,088
Hamilton On-premises Beer $56,250
Belgrade All-beverage $262,500
Belgrade Restaurant Beer & Wine $60,000
Columbia Falls Restaurant Beer & Wine $37,500
Columbia Falls All-beverage $198,670

Get Help From Our Liquor License Attorneys

The auction ends June 26th, so don’t wait to apply! Contact our office at Helena at (406) 449-4829 or our office at Bozeman at (406) 582-8822 for more information or fill out our contact form here if you have questions for our liquor licensing attorneys.

CONTACT US

Fill out the form below to get in touch with our legal team or call Bozeman office at (406) 582-8822, Helena office at (406) 449-4829, Big Timber office at (406) 430-6600, or Butte office at (406) 299-8131 to talk to someone right away.

Silverman Law Office - Bozeman

1745 S. 19th Ave. Suite 2

Bozeman, MT 59718

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406-582-8822

Silverman Law Office - Helena

2620 Colonial Drive

Helena, MT 59601

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406-449-4829

Silverman Law Office - Big Timber

205 Hooper Street

Big Timber, MT 59011

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406-430-6600

Silverman Law Office - Butte

3334 Harrison Avenue

Butte, MT 59701

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406-299-8131