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 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 served prime rib for 46 years, the reaction by longtime customers was immediate, and heartening. The iconic restaurant planned to welcome many of them to a big party New Year's Eve. However, due to restrictions of inside service, Lawry’s provided its patrons a final New Year’s Eve take-out dinner menu.

“Lawry’s longtime master carvers and brown gown servers have served endless amounts of its signature Prime Rib from antique silver carts, Yorkshire Pudding, and Spinning Bowl Salad to its valued Chicago guests over the last 46 years,” Lawry’s said in a news release. From birthdays to anniversaries, loyal customers say they will miss coming to Lawry’s immensely. And for the family that owns the restaurant, it is just as heartbreaking."

The contents of the Chicago Lawry's location are being sold on RestaurantEquipment.Bid. Over 700 Items are listed in two online auctions, all starting at $1.00 with no reserves. Lawry's surplus is being liquidated by TAGeX Brands, which is a green and easy solution for any company who needs liquidating their assets.


In order to ensure that the contents can be repurposed for use in other venues and for the public to have the opportunity to bring home a piece of a Chicago dining institution, the equipment and other contents located at 100 East Ontario Street, Chicago, Illinois 60611 are being auctioned ONLINE through January 27th at www.RestaurantEquipment.Bid.

RestaurantEquipment.Bid is a marketplace for used and overstocked restaurant equipment. The starting bid for all items is $1 with no reserves. Among the items being auctioned are kitchen equipment, chairs, tables, décor, and small wares.

Neal Sherman, President of RestaurantEquipment.Bid, explains, “Lawry’s The Prime Rib” is an iconic institution in Chicago. Those who have enjoyed this unique destination can now own a piece of Chicago culinary history. In conducting this auction, our aim is to ensure that these items do not end up in a landfill – instead, the auction allows for a sustainable repurposing that not only makes economic sense but makes a positive impact on the environment.”

RestaurantEquipment.Bid was created as part of TAGeX Brands to provide the world with the most vibrant and efficient marketplace of surplus, overstocked, and used restaurant and food service equipment. Nearly three decades ago, the company began by relieving the headache of moving food service equipment into and out of restaurants and supermarkets. The business then expanded to provide equipment and services nationwide for all aspects of the food service industry.

Lawry’s The Prime Rib is a fourth-generation family-run business and their other locations around the country continue to operate. Website www.LawrysOnLine.com.

For Press inquiries please contact:

Neal Sherman

Telephone: 585.259.6353 Email: NSherman@TAGeXBrands.com

Auction Website: www.RestaurantEquipment.Bid

Firm Website: www.TAGeXBrands.com

Facebook: TAGeXBrands LLC

Twitter: @TAGeXBrands


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