Sometimes supermarkets close their doors, and while this is unfortunate, it’s always a possibility. Closing a supermarket can be just as complicated as opening one, regardless of whether you’re retiring, relocating, or closing permanently. In addition, you might also need to liquidate your company. In this article, we’ll go over the basics of supermarket liquidation, …
Foodservice is one of the most thriving industries in the world. The industry has been growing steadily over the past few years despite recessions and other economic downturns. While restaurants and other foodservice establishments are keeping up with these trends, they are not, however, immune to the effects of inflation. It is therefore important for …
Food Inflation: The Impact on the Food & Restaurant Industry Read More »
The restaurant industry is one of the most important industries in an economy, and seeing it fall with no one filling in work slots has been surprising for everyone. Over the years, businesses in the restaurant industry have been adapting and growing to challenges they have been facing. However, it seems that they may have …
How Labor Shortages Are Impacting the Restaurant Industry Read More »
Nothing is permanent, especially in the restaurant industry, where competition is cutthroat. If you find yourself at the end of your run as a restaurant owner or are planning to start anew, there are many ways to liquidate assets and earn back some of your investment. One of these is through restaurant auctions. This is …
Restaurant Auctions: Everything You Need To Know Read More »
We enjoy going out to eat as a way to relax, celebrate, or just because we don’t feel like cooking. Thanks to restauranteurs, we have a wide variety to choose from, whether we’re in the mood for fine dining or something more casual. Most of us are not aware of the behind-the-scenes work that goes …
The Impact of Supply Chain Issues on the Restaurant Industry Read More »
Did you know that only half of small businesses survive their first five years? Sadly, a large percentage of these businesses tend to be new restaurants. If you own a failing restaurant, you’re likely weighing the pros and cons of selling or liquidating. So which one is right for you? To learn this, you first need to …
What is Your Failing Restaurant Worth? How to Tell Read More »
By the time the pandemic is over more than 75% of restaurants will close. This is because of the impact the pandemic has had on revenue and the staffing problems it’s caused. If you’re facing and preparing for your restaurant closing, there are some things you need to know. Even during the closing of a restaurant, there …
Restaurant Closing? 7 Mistakes To Watch Out For Read More »
Are you wondering if restaurant liquidation is the right move for you? Click here for the ultimate guide to restaurant liquidation to help you decide.
Are you new to the restaurant owning thing? Check out these eleven tips for first time restaurant owners that are sure to help you out along the way.
Like every other industry, restaurant marketing is changing as technology and processes evolve in response to the global pandemic. As a restaurant owner or manager, you know that getting customers through the door is still a top priority. However, more and more customers are turning to technology to order take-out, view menus, or speed up …
Top 7 Strategies for Restaurant Marketing in 2022 Read More »
Restaurants haven’t had it easy – especially recently. Faced with mandated closures, reduced hours, economic uncertainty, rising costs, and staff shortages, you may be in the difficult spot of having to decide whether to keep your doors open. If you ultimately decide that closing your restaurant permanently is the best route for you, you have …
Closing Your Restaurant? Here’s Why You Should Use a Liquidator Read More »
Perhaps no other sector was as severely affected by the pandemic as restaurants. When COVID-19 disrupted everything we considered normal, the restaurant industry bore the brunt of the lockdown and social distancing norms. While some had to permanently shut down, many restaurants had to remodel their business to give themselves a fighting chance. What’s striking …
More restaurants are looking at used and refurbished fryers and coolers amid shipping delays and to save on the cost to buildout. By Jonathan Maze | Nov. 17, 2021 Whenever his company, Fransmart, starts working with an upstart restaurant chain, one of the first phone calls CEO Dan Rowe makes is to Neal Sherman. Sherman …
As the Supply Chain Slows, Demand for Aftermarket Equipment Takes Off Read More »
Due to the various uncertainties and challenges that the COVID-19 pandemic has caused, the restaurant industry is slowly but surely re-emerging. Many changes are being implemented to keep the food industry in business — as such, there are plenty of new trends to look out for in the coming new year. According to experts in …
Are you looking to save money on specific restaurant equipment? Then auctions might be the best solution for you, but if you’re unsure of how they work or where to begin, you’ve come to the right place. This blog post provides all the details you need to get started with restaurant equipment auctions. Read on …
Restaurant Equipment Auctions: Everything You Need to Know Read More »
Closing down a restaurant or any other business is never an easy decision to make. Unfortunately, it has become increasingly common over the past year. The strict social distancing and quarantine measure necessary due to the COVID-19 pandemic has dealt a heavy blow to the restaurant industry. With consumers restricted from going out and gathering …
8 Ways to Prepare for Liquidating a Failing Restaurant Read More »
Call 585.259.6353 or email [email protected] for more information.
Call 585.259.6353 or email [email protected] for more information.
All Colleges & University Partnerships About Us TAGeX Brands helps businesses deal with facility changes (closures & remodels), equipment redeployment, and the liquidation of surplus assets such as equipment, furniture, fixtures, inventory, smallwares & supplies. For over 30 years, our team has collaborated with clients from many sectors on comprehensive strategies while we handle the “heavy lifting” …
Restaurant equipment, furniture and smallwares are currently available in an online auction – Ends 3/1 Longtime Austin restaurant and farm-to-table pioneer Eastside Cafe closed in 2019 after being in business for 31 years. Opened by Elaine Martin, Eastside Cafe had a long-running tenure of being one of Austin’s favorite restaurants, featuring American comfort food, served …
Eastside Cafe in Austin, Texas closed after more than three decades Read More »
Online Auction on RestaurantEquipment.Bid Ends Tuesday, February 16th Lifestyle | 15 Dec, 2017 | Experience AZ Restaurant franchise group Blue Mountain Cafes closed their four Phoenix area Corner Bakery Cafe locations. The restaurants impacted by the closings are located at 1949 E. Camelback Rd. in Phoenix, 15507 N. Scottsdale Rd. in Scottsdale and 222 S. …
The last Corner Bakery Cafe in Arizona Closes: Auctioning off equipment this week Read More »
The slabs of prime rib may be gone, but items from the restaurant’s unique decor are for sale. Block Club Chicago Jay Koziarz 4:30 PM CST on Feb 1, 2021 RIVER NORTH — Lawry’s The Prime Rib permanently closed at the end of 2020, but fans of the iconic steakhouse have one last chance to …
Statues And Chandeliers From Closed Lawry’s Prime Rib Up For Grabs At Online Auction Read More »
Contents are available for sale in an online auction. Check out television coverage below. Chicago’s old favorite announced in 2020 that it will permanently close due to the pandemic, recent social unrest in the city and because the lease was up. With over 150,000 independent restaurants closing since the pandemic started, many believe over half …
On Auction Block: Take a Piece of Chicago History with You Chicago, Illinois: The iconic “Lawry’s The Prime Rib” in Chicago served its last patrons on New Year’s Eve. Ryan Wilson, CEO of Lawry’s Inc., said the beloved steakhouse, located at 100 East Ontario Street, is closing due to a confluence of unfortunate events, including …
Ryan Wilson, CEO of Lawry’s Inc., said the beloved steakhouse, located at 100 E. Ontario St., is closing due to a confluence of unfortunate events, including the coronavirus pandemic, civil unrest and an expiring lease. When Lawry’s the Prime Rib announced in late September that it was leaving its Magnificent Mile home, where it has …
Restaurant Equipment and Furniture From Denny’s In Perinton are Being Liquidated by TAGeX Brands. Items Are Currently Available on RestaurantEquipment.Bid. Five Denny’s restaurants in the Rochester region are closing according to a notice filed with the New York State Department of Labor. The popular eatery chain listed cited “unforeseeable business circumstances prompted by COVID-19” as …
Join us in our end of year sales! Auctions closing everyday this week – now is the time to find the best bargains before the new year. Listed below are the auctions currently live: CALIFORNIA Taco Bell Closure – Twentynine Palms – Closes 12/17 Restaurant Equipment Liquidation – Los Angeles – Closes 12/18 The Dish …
TAGeX (RestaurantEquipment.bid) Auctions all contents online – Now through November 18th Second Bar + Kitchen Downtown is currently taking a ‘Pandemic Pause.’ The restaurant is located in Austin, Texas and has been established since 2010. You can still get your pizza, burger and cocktail fix at the Domain NORTHSIDE location and soon when you are …
Second Bar + Kitchen Is Taking a ‘Pandemic Pause’ Read More »
TAGeX (RestaurantEquipment.bid) to Auction all contents Online in January 2021 Published by Eater Writer: Naomi Waxman Sep 21, 2020, 12:16pm CDT Lawry’s the Prime Rib will permanently close at the end of 2020 after nearly half a century of serving downtown diners on Ontario Street. Lawry’s Inc CEO Ryan Wilson told the Tribune that the …
Lawry’s Steakhouse Will Be Closing After 46 Years Read More »
Caitlin Office Interiors is a family-owned business located in Upstate New York. The company has successfully grown a reputation in the office supplies business by providing quality office products. These products range anywhere from corporations to schools to hospitals. Bob Bendix, the co-owner of Caitlin Office Interiors, had his first big break when they received …
Caitlin Office Interiors Retire After 37 Years; Auction’s Surplus Furniture Read More »
TAGeX retained to Manage Orderly Liquidation BHS Foodservice, an Amherst, New York based wholesale foodservice distributor, filed for Chapter 7 bankruptcy after ceasing operations in March, according to a Buffalo First Business report. The firm was among the top 30 Restaurant Equipment and Supply Distributors in the United States. A company spokesperson said in March …
Buffalo Hotel Supply Files Bankruptcy – Liquidates All Assets Read More »
Abc7 Eileen Frere Friday, September 18, 2020 3:18AM DOWNTOWN LOS ANGELES (KABC) — Here’s your chance to own a piece of Los Angeles history: the famous Pacific Dining Car is closing its doors and selling some of its classic memorabilia. The steakhouse had been in business for nearly a century. Wes Idol is a grandson …
After a century, Pacific Dining Car closing, will sell food online Read More »
Among the restaurants challenged by the pandemic, Uncle Julio’s have shut down multiple locations. The Tex-Mex chain has permanently closed their Austin Texas location along with two of their locations in Atlanta, Georgia. TAGeX Brands, a global firm that creates marketplaces for surplus equipment, is currently liquidating all of Uncle Julio’s Assets from the Austin …
Uncle Julio’s Closes Austin, TX Location- TAGeX Manages Project Read More »
Listen on Restaurant Business Join Neal Sherman, president and founder of TAGeX Brands, on “A Deeper Dive” with Jonathan Maze and Restaurant Business Magazine. Neal and Jonathan discuss insights into the pandemic and its impact on restaurants, as well as the specifics of the equipment market and how to save money during this challenging time.
Fuddruckers abruptly closed their Bay Street Emeryville location last Sunday, October 13. The Burger establishment was among the last first generation of food tenants at the shopping center that opened 17 years ago. In addition, Buckhorn grill closed leaving the upper level of the center with a single eating establishment – California Pizza Kitchen. The …
That’s right… the auction is now live at RestaurantEquipment.Bid! The auction will feature over 495 lots of the restaurant’s fixtures, lighting, and most importantly, other memorabilia and decor. The biggest and probably the most iconic piece featured in the auction will be the famous Spaghetti Warehouse trolley. All pieces, the trolley included, will start at …
That’s right… the auction is now live at RestaurantEquipment.Bid! The auction will feature over 495 lots of the restaurant’s fixtures, lighting, and most importantly, other memorabilia and decor. The biggest and probably the most iconic piece featured in the auction will be the famous Spaghetti Warehouse trolley. All pieces, the trolley included, will start …
Steak ‘n Shake corporate has closed two local restaurant locations as of Monday, October 21st. The location at 2820 E. Colonial Drive could potentially reopen provided a new franchise owner is found in time to reactivate the space but the Winter Park restaurant at 818 S. Orlando Avenue is shuttered for good. The closures are part …
The Denver City Council is poised to one-up the state by raising the city’s minimum wage to more than $15 an hour by 2021. This decision will add Denver to a growing anthology of cautionary tales from across the country. The role that restaurants and bars played in the city’s revitalization is well known. In …
There are changes afoot in the dining scene in South Granville, and we can now add the storied West Restaurant to the list of upcoming closures. The Toptable Group restaurant announced Wednesday they would be shuttering at the end of December 2019 after a nearly-20-year stand on Granville Street. West is a veteran in the …
Vancouver’s veteran West Restaurant announces permanent closure Read More »
Nearly a dozen dining establishments operated by San Diego restaurateur Gina Champion-Cain are closing or have already shuttered — less than a month after the Securities and Exchange Commission accused her and her investment company of operating a $300 million scheme that the agency says defrauded roughly 50 investors. Four of the restaurants in Champion-Cain’s …
Nearly a dozen dining establishments operated by San Diego restaurateur Gina Champion-Cain are closing or have already shuttered — less than a month after the Securities and Exchange Commission accused her and her investment company of operating a $300 million scheme that the agency says defrauded roughly 50 investors. Four of the restaurants in Champion-Cain’s …
CHICAGO, IL. – Wishbone North is a restaurant with a popular Southern “reconstruction” cooking, a slightly healthier twist on Low Country, Pidemont, and soul food with influences from North Carolina and Louisiana. After 20 years the Roscoe Village location is closing its doors. The contents from this building are currently being auctioned online by RestaurantEquipment.Bid, affiliate …
Wishbone Restaurant is Auctioning off All Contents on RestaurantEquipment.Bid Read More »
TAGeX Brands helps businesses deal with facility closures, equipment redeployment, and the liquidation of surplus inventory and other assets.
