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 »
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.
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 …
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 »
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.
TAGeX Brands helps businesses deal with facility closures, equipment redeployment, and the liquidation of surplus inventory and other assets.
