TAGeX

TAGeX

Denver 9th Co 1

Used Equipment Market Booms As Operators Leverage New Opportunities

Shuttered restaurants and supply chain challenges have driven operators increasingly to the second-hand market. Mark Hamstra | Sep 15, 2021 The pandemic has been a perfect storm to drive restaurant operators to the used equipment market. Thousands of foodservice locations closed their doors and were forced to liquidate, while equipment makers are struggling with ongoing supply chain

Used Equipment Market Booms As Operators Leverage New Opportunities Read More »

e6dbf6 ccd31d7ee8d14ed9941c8abae429f14c mv2

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

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

e6dbf6 e651257876a9468f82e803d123dbe7a7 mv2

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

Wishbone Restaurant is Auctioning off All Contents on RestaurantEquipment.Bid Read More »

e6dbf6 a86f31f4c17b403394b5a0fdb777e45e mv2

Market Street in LoDo Just Lost Two of Its Popular Party Spots

One of Denver’s most happening streets for nightlife will now offer two less partying options as Tavern Downtown and its country neighbor, Cowboy Lounge, have both closed.   Signs posted on the doors of the two closed establishments, which were located along the Market Street strip of bars one block from Coors Field, provide notice of the closure

Market Street in LoDo Just Lost Two of Its Popular Party Spots Read More »

e6dbf6 553ea53db6df40d3adf95b7d62d2b143 mv2

Beloved Spokane restaurant Lindaman's bistro to close after 35 years

Lindaman’s Gourmet-To-Go Bistro will close its doors forever on Oct. 31, owner Merrilee Lindaman announced in an email.    “After 35 truly incredible years, I have decided to move to a new chapter in my life!” Lindaman stated.    Lindaman expressed gratitude to all those who patronized her restaurant over the years.   “I have

Beloved Spokane restaurant Lindaman's bistro to close after 35 years Read More »

e6dbf6 561a0a8d3a6e4ac8a8dda1666d8bcdf8 mv2

Trio of Restaurant Closures Hit Downtown & Short North

  Another three restaurants are calling it quits in Columbus. Following the early September closures of Three-Legged Mare, Mona’s Cafe and Abuelo’s, and the recent departures of Jack’s Diner and Little Eater Clintonville, Downtown and Short North will lose three more dining establishments.   Fuzzy’s Taco Shop closed its doors at 479 N. High St. A ‘For Rent’ sign now

Trio of Restaurant Closures Hit Downtown & Short North Read More »

e6dbf6 76f72181afb243f6badfd633bc66c8bd mv2

Palomino suddenly shuts down, goodbye to Little Uncle and 7 more recent Seattle restaurant closures

    Yes, here are more recent Seattle restaurant closures, and local food fans will also want the details on the departure of longtime favorite Sitka & Spruce, coming at the end of this year. But note that Seattle’s restaurant boom continues on, at least for now — with this latest list of five Seattle-area restaurant closures comes

Palomino suddenly shuts down, goodbye to Little Uncle and 7 more recent Seattle restaurant closures Read More »

e6dbf6 85584aca260b4d1cb94136876176047d mv2

Hardee’s, Pineville, LA, is Partnering with RestaurantEquipment.Bid to Liquidate its Contents in Online Auction

  PINEVILLE, LA, – Hardee’s Restaurants are an American fast-food restaurant chain operated by CKE Restaurants Holdings, Inc.. The Hardee’s in Pineville, Louisiana has shuttered.   The contents from this building are currently being auctioned online by RestaurantEquipment.Bid, affiliate of TAGeX Brands.   The bidding for all items starts at $1.00 with no reserves.  

Hardee’s, Pineville, LA, is Partnering with RestaurantEquipment.Bid to Liquidate its Contents in Online Auction Read More »

e6dbf6 99f89a1e4f5f4d388ede1b53b265ab8d mv2

Somerville Brewing Company Files for Chapter 11 Bankruptcy

  A local brewing company that includes both a brewery/taproom and a brewhouse has declared bankruptcy and is now looking to reorganize. According to a tweet from @_davidelman, Somerville Brewing Company has filed for Chapter 11 Bankruptcy, with a post within the courtlistener.com site indicating that the bankruptcy petition stems at least in part from the buildout of its restaurant

Somerville Brewing Company Files for Chapter 11 Bankruptcy Read More »

e6dbf6 fc0b9adf09b44354955b1b51ba9dca12 mv2

North Davis Highway O'Charley's in Pensacola to close down Sunday

The O’Charley’s chain restaurant on North Davis Highway in Pensacola will serve dinner for the last time Sunday before going out of business.    An interim manager with the O’Charley’s location on 6233 North Davis Highway confirmed the restaurant’s doors will close around 4 p.m. Sunday for the final time, two hours ahead of the restaurant’s typical

North Davis Highway O'Charley's in Pensacola to close down Sunday Read More »

e6dbf6 0b900088ea14491cacb73f6819d14b95 mv2

Chef Max Hardy is closing his River Bistro restaurant in Detroit

He was recently named by the New York Times as one of 16 black chefs changing food in America, and his flagship restaurant was a Free Press Best New Restaurant in 2018, but the press and accolades couldn’t save chef Max Hardy’s River Bistro, a two-year-old Caribbean-Soul restaurant in Detroit’s Grandmont-Rosedale neighborhood.   “Regretfully, and after sincere thought and consideration,

Chef Max Hardy is closing his River Bistro restaurant in Detroit Read More »

e6dbf6 8df80556fc474902bd97391b63ae6081 mv2

12-Micron, Known for Its Dessert Degustations, Is Closing in Two Weeks

Sydneysiders with a sweet tooth will soon have to strike 12-Micron off their dining to-do lists. The Barangaroo eatery, a fine-diner inspired by Australian flavours and known for its dedicated dessert bar, has changed hands and will close in October.   The venue opened in early 2017 with Justin Wise (Melbourne’s The Press Club and The Point at Albert Park)

12-Micron, Known for Its Dessert Degustations, Is Closing in Two Weeks Read More »

e6dbf6 0ddbb0482fdb48e59cb2c2d04733b199 mv2

Longtime Highlands restaurant Cafe Mimosa closes

A mainstay among Highlands restaurants is gone, Louisville Business First reports.   Café Mimosa, 1543 Bardstown Road, has a “closed” sign posted on the door. The Chinese and Vietnamese cuisine restaurant allso put the following message on its website: “Dear customers, Café Mimosa has closed. Thank you for your support through the years.”   Café Mimosa

Longtime Highlands restaurant Cafe Mimosa closes Read More »

e6dbf6 4b4e2e8e4f1349488d1fa0d0e2b30d44 mv2

MOD Pizza’s Cornerstone shop is closed permanently, but Englewood location is open and operating, employees say

The MOD Pizza restaurant that has operated for two years at the Cornerstone of Centerville development shut down abruptly today, Saturday Sept. 14.   A sign taped to the entrances of the restaurant say, “We’re Closing. Thank you Cornerstone. For more locations and information, visit modpizza.com. Same great people, same great food.” Windows of the restaurant

MOD Pizza’s Cornerstone shop is closed permanently, but Englewood location is open and operating, employees say Read More »

e6dbf6 8759673b69584891a28a8ad8bab5d5ab mv2

More Than 1400 UK Restaurants Close in a Year Amid 'Casual Dining Crunch'

More than 1,400 restaurants in the UK have closed in the last year, new research has claimed.   A new report published by accountancy group UHY Hacker Young has found that there were more than 1,400 insolvencies in the restaurant sector from June 2018 until June 2019.   According to the research, several factors may be to blame,

More Than 1400 UK Restaurants Close in a Year Amid 'Casual Dining Crunch' Read More »

e6dbf6 14881405368e4989b1ca12d9b80bb552 mv2

Three SF restaurants near Oracle Park suddenly close

From the loss of the East Bay’s only Indonesian restaurant to the sudden closure of a decades-old family-owned Palo Alto bakery chain, the steady drumbeat of Bay Area culinary closures continued this week. This time, not one, but three casual eateries are bidding their China Basin neighborhood farewell. Pete’s Tavern, its sister restaurant Pedro’s Cantina, and Amici’s

Three SF restaurants near Oracle Park suddenly close Read More »

e6dbf6 cb66e9d71c1940909ff05b0c6abef064 mv2

Ruby Tuesday closes without notice in Greece, employees left jobless

  Employees at the Ruby Tuesday’s in Greece were informed of their termination via email Friday morning, the same day the restaurant closed.   The restaurant’s Greece location is closed permanently, a sign now taped to the front doors. The closure happened Friday afternoon, and employees were informed of the corporate’s decision just a few

Ruby Tuesday closes without notice in Greece, employees left jobless Read More »

e6dbf6 b4a4acf91c1c43cda42c35af7ae828d6 mv2

Bittersweet goodbye as Ballard’s Ice Cream in Concord’s South End prepares to close for good

A South End staple of almost 40 years will be shuttering its doors next weekend. Ballard’s Ice Cream will serve its last cups, cones and sundaes on Sept. 7.   “It is really bittersweet to be closing the last of the Ballard’s Family businesses,” Doris and Norm Ballard wrote in a Facebook post earlier this

Bittersweet goodbye as Ballard’s Ice Cream in Concord’s South End prepares to close for good Read More »

e6dbf6 e0311bb0aabd4526b0229299fd7543a3 mv2 d 1920 2880 s 2

Why Bangkok’s most popular Indian restaurant, Gaggan, has shut down

By the time you read this, chef Gaggan Anand will have served his last meal at the Lab, a special invite-only section inside his eponymous two Michelin starred restaurant in Bangkok. Located on the first floor, the Lab began with the aim of re-defining the term ‘fine-dining in late 2016, just a year after the restaurant was voted

Why Bangkok’s most popular Indian restaurant, Gaggan, has shut down Read More »

e6dbf6 8240f8ae51be4e29911c5a5c6e1f96bf mv2

Decades-Old Chinatown Stalwarts, Including Yee Li, Close for Good

A spate of mom-and-pop closures has plagued Chinatown. In the last month alone, three longtime businesses – each established for decades – succumbed to cutthroat real estate pressures.   Yee Li, the old-school Chinese BBQ joint located at Bayard and, had been a neighborhood mainstay the last thirty-three years. It was once named New Big

Decades-Old Chinatown Stalwarts, Including Yee Li, Close for Good Read More »

e6dbf6 8e35e719281c446a8154ab8e97849446 mv2

58-Year-Old Dino’s Italian Food Latest Old School Red Sauce Joint to Announce Closure

After 58 years of serving up its classic meatballs and other red sauce favorites on Colfax Avenue in Lakewood, Dino’s Italian Food is closing at the end of September, according to 9News.   Judy Duren, who now owns the restaurant started by her father, Dino DiPaolo, told the news station she is closing the restaurant because

58-Year-Old Dino’s Italian Food Latest Old School Red Sauce Joint to Announce Closure Read More »

e6dbf6 24a686288e9e44248592326d29c7f29d mv2

A 44-Year-Old Chinese American Restaurant Bids Farewell at the End of the Month

  A family-owned Chinese-American restaurant institution is closing   One of metro Detroit’s best Chinese eateries Kim’s Restaurant will serve its final meal in Troy on Saturday, August 31. The 44-year-old restaurant founded by Guy Yee is known for serving Chinese American classics like almond boneless chicken, Szechuan lo mein, and sweet and sour pork as well as bubble tea.

A 44-Year-Old Chinese American Restaurant Bids Farewell at the End of the Month Read More »

e6dbf6 ce7fa6e8e477409485914628c7dee4a4 mv2

Mexican eatery Barragan’s to shutter Glendale location after 38 years

Fans of family-owned Mexican staple Barragan’s will now have to head to Burbank for its weekly taco and margarita specials.   Barragan’s Glendale location will be closing its doors next week after 38 years in business, according to Frank Barragan, son of the one-time chain’s founders.   “We are grateful to the Glendale community and our longtime

Mexican eatery Barragan’s to shutter Glendale location after 38 years Read More »

e6dbf6 77d60b5545494e2e9871338967139b8e mv2

Urbandale eatery closing after 62 years of bringing homemade Italian food to the metro

  An Italian restaurant in Des Moines is closing its doors after over six decades of bringing its homemade dishes to the masses.   Mama Lacona’s Italian Restaurant, located at 3825 121st Street in Urbandale, is closing permanently on August 31.    Through the years, Mama Lacona’s has served classic Italian recipes passed down from the

Urbandale eatery closing after 62 years of bringing homemade Italian food to the metro Read More »

e6dbf6 0f6d855fa2d342d7bb0513ded1c798d8 mv2

Perkins & Marie Callender's LLC close 29 locations and file for bankruptcy

A day after closing 29 restaurant locations, Perkins & Marie Callender’s LLC filed for Chapter 11 bankruptcy protection Monday, the company said in a statement.   The Memphis, Tennessee-based company said Monday it plans to sell its Perkins’ business and a segment of its Foxtail bakery business, which supplies to its restaurants and distributors to “Perkins Group LLC.”  This is

Perkins & Marie Callender's LLC close 29 locations and file for bankruptcy Read More »

e6dbf6 b43b089d6a8a45d09cc045e10072a934 mv2

Developer’s SLO bowling alley failed. Now his tapas restaurant is closing after 5 months

  The owner of a new San Luis Obispo tapas restaurant — whose downtown bowling alley and entertainment center project fell through last year amid controversy — has temporarily shut down the eatery after just five months.   The seafood restaurant Branzino, inspired by Spanish and Californian cuisines, closed Aug. 2, pending a potential sale or recapitalization

Developer’s SLO bowling alley failed. Now his tapas restaurant is closing after 5 months Read More »

e6dbf6 d8edbee131484937bd7742a0f2b18d38 mv2

Pizza Hut to close about 500 dine-in restaurants, reopen with carryout and delivery

    Pizza Hut may close as many as 500 dine-in restaurants and replace many of them with carryout and delivery locations.   Corporate officials did not identify specific markets or locations when discussing the restaurant closures in an earnings call last week.   “As far as the numbers and how the math works, it’s

Pizza Hut to close about 500 dine-in restaurants, reopen with carryout and delivery Read More »

e6dbf6 dc4df8bc357849c3b61856290c5032e8 mv2 d 3084 2056 s 2

Walgreens plans to close 200 U.S. stores, according to new SEC filing

  Walgreens plans to close approximately 200 U.S. stores, the company announced Tuesday in an SEC filing.   According to the document posted Tuesday on the Securities and Exchange Commission website, the move to close stores follows “a review of the real estate footprint in the United States.”   The closing stores represent less than 3% of

Walgreens plans to close 200 U.S. stores, according to new SEC filing Read More »

e6dbf6 10484d89632e4e34b397127298448138 mv2

Steak n Shake Closures: Burger Chain Closes 106 Restaurants

Indianapolis burger chain, Steak n Shake, has announced that it has closed 106 restaurant locations since the beginning of 2019 with 67 of these closures occurring in the second quarter. The announcement was made during Biglari Holdings Inc.’s (BH), the parent company of Steak n Shake, Q2 earnings call.   The decision to close the restaurant was

Steak n Shake Closures: Burger Chain Closes 106 Restaurants Read More »