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sustainable equipment

Sustainable Equipment: Get the Most From Business Liquidation Auctions

This year, the world hit a milestone that none of us wanted to celebrate. Global temperatures hit a record high. It doesn’t take long to find stories of forest fires, floods, or extreme weather events online. The environmental crisis is here for all to see. Can businesses do more to contribute to sustainability efforts? The answer …

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supermarket liquidation

The Ultimate Guide to Supermarket Liquidation

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, …

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food inflation

Food Inflation: The Impact on the Food & Restaurant Industry

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 …

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closing your restaurant

Closing Your Restaurant? Here’s Why You Should Use a Liquidator

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 …

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As the Supply Chain Slows, Demand for Aftermarket Equipment Takes Off

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 …

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liquidate failing restaurant

8 Ways to Prepare for Liquidating a Failing Restaurant

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 …

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yale

Surplus Equipment Solutions

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” …

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Eastside Cafe in Austin, Texas closed after more than three decades

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 …

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The last Corner Bakery Cafe in Arizona Closes: Auctioning off equipment this week

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. …

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Statues And Chandeliers From Closed Lawry’s Prime Rib Up For Grabs At Online Auction

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 …

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CHICAGO’S ICONIC “LAWRY’S THE PRIME RIB” CLOSES IMMEDIATE LIQUIDATION (AUCTION ENDS 1/27/2021)

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 …

CHICAGO’S ICONIC “LAWRY’S THE PRIME RIB” CLOSES IMMEDIATE LIQUIDATION (AUCTION ENDS 1/27/2021) Read More »

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Denny’s Closing 5 locations in Rochester Region

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 …

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Second Bar + Kitchen Is Taking a ‘Pandemic Pause’

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 …

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Lawry’s Steakhouse Will Be Closing After 46 Years

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 …

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Caitlin Office Interiors Retire After 37 Years; Auction’s Surplus Furniture

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 …

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Buffalo Hotel Supply Files Bankruptcy – Liquidates All Assets

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 …

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After a century, Pacific Dining Car closing, will sell food online

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 …

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Uncle Julio’s Closes Austin, TX Location- TAGeX Manages Project

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 …

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Restaurant Business “A Deeper Dive” Interview with Neal Sherman

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.

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Fuddruckers points to impacts of rising labor costs in Emeryville as decision to shutter Bay Street

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 …

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TAGeX Brands is set to auction the contents of the closed Spaghetti Warehouse in Dallas, Texas

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 …

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TAGeX Brands is set to auction the contents of the closed Spaghetti Warehouse in Dallas, Texas

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 …

TAGeX Brands is set to auction the contents of the closed Spaghetti Warehouse in Dallas, Texas Read More »

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Vancouver’s veteran West Restaurant announces permanent closure

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 …

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Nearly a dozen Gina Champion-Cain eateries closing as fallout continues from SEC probe into alleged fraud

  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 …

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Nearly a dozen Gina Champion-Cain eateries closing as fallout continues from SEC probe into alleged

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 …

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Wishbone Restaurant is Auctioning off All Contents on RestaurantEquipment.Bid

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 …

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