‘The demand is insane’: Pittsburgh and Allegheny County liquor licenses fetching north of 6 figures

In a bar and restaurant business in which buyers and sellers are always coming and going, Sidney Sokoloff has experienced an inversion of sorts on which ones are more prominent.

While there’s a long history of there being a profusion of liquor licenses available in the city of Pittsburgh as well as Allegheny County, Sokoloff said that’s no longer the case.

“Usually, we have a list of sellers. We have a list of buyers now,” Sokoloff, a principal of Ross-based Specialty Group, which deals in liquor licenses among a host of restaurant services. “The demand is insane.”

‘The demand is insane’: Pittsburgh and Allegheny County liquor licenses fetching north of 6 figures

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