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Inn on The Lake Canandaigua to be Demolished; RestaurantEquipment.Bid and Advance Auction Company to

CANANDAIGUA, NY – The Inn on The Lake, waterfront resort and conference center, has decided to shut down until 2020. During this time period the company plans to demolish the current structure and rebuild into a modern waterfront inn. The contents from this building are currently being auctioned online by RestaurantEquipment.Bid and Advance Auction Company,

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Inn on The Lake Canandaigua to be Demolished; RestaurantEquipment.Bid and Advance Auction Company to Liquidate Contents ASAP

  CANANDAIGUA, NY – The Inn on The Lake, waterfront resort and conference center, has decided to shut down until 2020. During this time period the company plans to demolish the current structure and rebuild into a modern waterfront inn.   The contents from this building are currently being auctioned online by RestaurantEquipment.Bid and Advance

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RestaurantEquipment.bid Selected to Sell Taco Bueno’s Assets as Restaurant Shuts Down 18 Locatio

Taco Bueno, an authentic Mexican cuisine style restaurant, has decided to shut down eighteen of its locations. The majority of these closures are located in Texas, Kansas, Oklahoma and Missouri. The contents are currently being auctioned online by RestaurantEquipment.bid an affiliate of TAGeX Brands. The bidding for all items starts at $1.00 with no reserves.

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RestaurantEquipment.bid Selected to Sell Taco Bueno's Assets as Restaurant Shuts Down 18 Locations

Taco Bueno, an authentic Mexican cuisine style restaurant, has decided to shut down eighteen of its locations. The majority of these closures are located in Texas, Kansas, Oklahoma and Missouri.   The contents are currently being auctioned online by RestaurantEquipment.bid an affiliate of TAGeX Brands.   The bidding for all items starts at $1.00 with

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Taylor Gourmet is Shockingly Closing All of its Washington, D.C. Locations

According to Eater Washington, D.C on September 21st, 2018, in absolutely shocking sub shop news, Washingtonian reports that Taylor Gourmet, beloved local sandwich chain with over a dozen locations in D.C., is closing every store in its portfolio. The last day for all D.C.-area Taylor Gourmet shops is Sunday, September 23 — two days from today.   There have

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Taylor Gourmet is Shockingly Closing All of its Washington, D.C. Locations

According to Eater Washington, D.C on September 21st, 2018, in absolutely shocking sub shop news, Washingtonian reports that Taylor Gourmet, beloved local sandwich chain with over a dozen locations in D.C., is closing every store in its portfolio. The last day for all D.C.-area Taylor Gourmet shops is Sunday, September 23 — two days from

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Eastman Egg asks for TAGeX Brands Help

Eastman Egg Company located in Chicago, Illinois has secured the opportunity to minimize the costs/headaches and optimize the return of the equipment through a comprehensive Restaurant Equipment Liquidation Program. All items will be placed on our Auction Platform, RestaurantEquipment.bid. All items start at $1.00 – no reserves. Participating bidders competitively pick the price for the

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Eastman Egg asks for TAGeX Brands Help

Eastman Egg Company located in Chicago, Illinois has secured the opportunity to minimize the costs/headaches and optimize the return of the equipment through a comprehensive Restaurant Equipment Liquidation Program.    All items will be placed on our Auction Platform, RestaurantEquipment.bid. All items start at $1.00 – no reserves. Participating bidders competitively pick the price for

Eastman Egg asks for TAGeX Brands Help Read More »

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Yale University Selected TAGeX Brands

Yale Hospitality “knows” about selling surplus, generating return, and being green!   Yale University received a generous donation from a proud alumnus. Without incurring a huge amount of cost, Yale Hospitality with the support of TAGeX Brands, developed a program to sell and remove the surplus equipment from Woolsley Hall (soon to be the Schwarzman

Yale University Selected TAGeX Brands Read More »

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Yale University Selected TAGeX Brands

Yale Hospitality “knows” about selling surplus, generating return, and being green! Yale University received a generous donation from a proud alumnus. Without incurring a huge amount of cost, Yale Hospitality with the support of TAGeX Brands, developed a program to sell and remove the surplus equipment from Woolsley Hall (soon to be the Schwarzman Center),

Yale University Selected TAGeX Brands Read More »

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TAGeX Brands Assists Pei Wei Asian Kitchen in Moorestown, New Jersey.

Many customers have been left in disbelief over the closure and exit of a favorite restaurant near the Moorestown Mall in New Jersey. Pei Wei Asian Kitchen officially closed its doors on the corner of Route 38 East and Nixon Drive near the Moorestown Mall. An article featured in the Courier Post: https://www.courierpostonline.com/story/news/local/south-jersey/2018/08/03/pei-wei-closes-moorestown-restaurant/897666002/ TAGeX Brands

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TAGeX Brands Assists Pei Wei Asian Kitchen in Moorestown, New Jersey.

Many customers have been left in disbelief over the closure and exit of a favorite restaurant near the Moorestown Mall in New Jersey. Pei Wei Asian Kitchen officially closed its doors on the corner of Route 38 East and Nixon Drive near the Moorestown Mall.    An article featured in the Courier Post: https://www.courierpostonline.com/story/news/local/south-jersey/2018/08/03/pei-wei-closes-moorestown-restaurant/897666002/   TAGeX

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TAGeX Donations Making a Difference

Pencil and Papers is an organization that gives back to the community through donating school supplies. Pencil and Papers have made a good deal of progress with the free school supply store initiative to help kids in need in our community. Recently, they ended up serving 37 high poverty schools, 824 teachers and 20,800+ children.

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TAGeX Donations Making a Difference

   Pencil and Papers is an organization that gives back to the community through donating school supplies. Pencil and Papers have made a good deal of progress with the free school supply store initiative to help kids in need in our community. Recently, they ended up serving 37 high poverty schools, 824 teachers and 20,800+ children. 

TAGeX Donations Making a Difference Read More »

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Restaurant Overcapacity: A Closer Look at the Industry's Underbelly + Video

Click on the picture below for the video.   THE COWEN INSIGHT Below we provide full video coverage of our conversation with Neal Sherman, Founder and President of TAGeX Brands, which took place at Cowen’s 4th Annual Future of the Consumer Conference held on April 3rd. Questions Our Video Looks to Address: ■ Talk about the

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Restaurant Overcapacity: A Closer Look at the Industry’s Underbelly + Video

Click on the picture below for the video. THE COWEN INSIGHT Below we provide full video coverage of our conversation with Neal Sherman, Founder and President of TAGeX Brands, which took place at Cowen’s 4th Annual Future of the Consumer Conference held on April 3rd. Questions Our Video Looks to Address: ■ Talk about the

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14 Seattle restaurant closures – and time left to say goodbye to an all-time favorite

It’s been two months since we last listed local bar-and-restaurant closures. In that time, 14 more places have said their goodbyes — and we’ll say farewell to beloved Seattle classic Phnom Penh at the end of May. It sounds like a lot of loss… But consider this: During this same time frame, nine new bars

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14 Seattle restaurant closures – and time left to say goodbye to an all-time favorite

        It’s been two months since we last listed local bar-and-restaurant closures. In that time, 14 more places have said their goodbyes — and we’ll say farewell to beloved Seattle classic Phnom Penh at the end of May. It sounds like a lot of loss… But consider this: During this same time frame, nine new

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TAGeX President Neal Sherman to Speak at Cowen Conference

  TAGeX President, Neal Sherman, will share his experience in the restaurant industry at Cowen and Company’s 4th annual “Future of the Consumer” conference for industry analysts, investors and operators on April 3rd, 2018 in New York City, presenting on Restaurant Industry Overcapacity: A Closer Look at the Industry’s Underbelly   The “Future of the Consumer” conference is one of

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TAGeX President Neal Sherman to Speak at Cowen Conference

TAGeX President, Neal Sherman, will share his experience in the restaurant industry at Cowen and Company’s 4th annual “Future of the Consumer” conference for industry analysts, investors and operators on April 3rd, 2018 in New York City, presenting on Restaurant Industry Overcapacity: A Closer Look at the Industry’s Underbelly The “Future of the Consumer” conference

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TAGeX helps Umami Burger close two New York locations

We’ve said it before and we’ll say it again: closing restaurants is not an anomaly, it’s a part of doing business. Neighborhoods change, tastes change, and even award-winning restaurant chains like Umami Burger sometimes have to reevaluate and focus their resources elsewhere. Two locations in New York are closing down in Greenwich Village and Williamsburg,

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Rochester, NY: "11 surprising restaurant closings from 2017"

Restaurants are more than just a business. They are places where memories are made — from outings with friends to romantic dinners to family celebrations. They can be places of familiarity and comfort, a part of a life’s routine. When they close, there can be a real sense of loss….   In 2017, Rochester area restaurants closed for a variety

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Yale University Launches Online Auction to Empty Commons Building for Renovation

After receiving a $150 million donation from Stephen Schwarzman, alumnus and co-founder of the private equity group, Blackstone, Yale University has plans to create a world-class campus center by renovating the historic Commons and Memorial Hall. Once complete in 2020, the Schwarzman Center will provide a central location for students to meet, eat, and view

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Yale University Launches Online Auction to Empty Commons Building for Renovation

  After receiving a $150 million donation from Stephen Schwarzman, alumnus and co-founder of the private equity group, Blackstone, Yale University has plans to create a world-class campus center by renovating the historic Commons and Memorial Hall. Once complete in 2020, the Schwarzman Center will provide a central location for students to meet, eat, and

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Bruegger's Closes 30 Locations

  Bruegger’s Bagels has closed 30 locations around the country this week, months after the company was acquired by JAB Holding.   In an emailed statement, Bruegger’s parent company, Einstein Noah Restaurant Group, said the closure of 30 locations of its onetime rival “was based on financial performance and improved positioning for future growth.” The brand still

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Bruegger’s Closes 30 Locations

Bruegger’s Bagels has closed 30 locations around the country this week, months after the company was acquired by JAB Holding. In an emailed statement, Bruegger’s parent company, Einstein Noah Restaurant Group, said the closure of 30 locations of its onetime rival “was based on financial performance and improved positioning for future growth.” The brand still

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Here are the year’s 10 biggest restaurant closings in the Bay Area

It isn’t uncommon for a restaurant in the Bay Area to be open one day and closed the next, but for some of this year’s biggest closings, their absence is more than just a blip on the region’s radar. From top-name chefs to longtime operators, the shutterings throughout 2018 didn’t discriminate, instead underscoring larger challenges

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Arby's to acquire Buffalo Wild Wings for $2.4B in restaurant shakeup

Wings. Beer. And Arby’s.   Fast-food chain Arby’s Restaurant Group said Tuesday it reached a deal to acquire Buffalo Wild Wings, which promotes the slogan “wings, beer, sports” in its advertisements, for $2.4 billion in cash. The deal comes as the casual dining sector is ailing as Americans have rediscovered home meals amid low grocery prices and

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Arby’s to acquire Buffalo Wild Wings for $2.4B in restaurant shakeup

Wings. Beer. And Arby’s. Fast-food chain Arby’s Restaurant Group said Tuesday it reached a deal to acquire Buffalo Wild Wings, which promotes the slogan “wings, beer, sports” in its advertisements, for $2.4 billion in cash. The deal comes as the casual dining sector is ailing as Americans have rediscovered home meals amid low grocery prices

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5 Takeaways from the Restaurant Finance & Development Conference

The industry faces changing dynamics, both in and out of restaurants This year’s Restaurant Finance & Development Conference in Las Vegas coincided with a remarkably active time in the industry’s history. Restaurants are facing sales and cost challenges, bankruptcies, and store closures, even as immense interest in the sector from private equity and other investors

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