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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

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Auction Liquidation List

(Links to Auction Site) ILLINOIS Lalo Mexican Restaurant Closure– Navy Pier Chicago, IL (Auction Coming Soon) NEW YORK Used Restaurant Equipment Liquidation Auction– 5786 State Highway 96, Building 328, Romulus, NY 14541(Auction Closes 3/19) Fixture, Signage, Electronics and Consumables Liquidation– 5786 State Highway 96, Building 328, Romulus, NY 14541(Auction Closes 3/25) TEXAS Surplus Bakery and

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Want a Full-Sized Trolley? Shuttered Spaghetti Warehouse Is Auctioning 500 Items Online, All Starting at $1

THE DALLAS MORNING NEWS: The trolley comes with a serious sidenote: When it’s awarded to a new owner, that person will need to make plans to get the trolley out. It’s so big that an exterior brick wall will likely need to be removed from the restaurant.

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TAGeX Brands President Neal Sherman Inducted Into CIA Fellows

Neal Sherman, President of TAGeX Brands, a company that handles facility transitions and equipment liquidation in the restaurant industry, has recently been inducted into The Society of Fellows at the Culinary Institute of America (CIA), a position held by only 250 people in the world. The Culinary Institute of America is widely recognized as the

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Environmental Connections

This exploration uncovers mavericks within the food industry who are pioneering sustainable practices. The focus is on these trailblazers who are revolutionizing the industry through initiatives such as recycling restaurant equipment, introducing sustainable packaging solutions, and prioritizing local sourcing and sales. Watch Video – Source

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The 9 Best Liquidation Auction Sites of 2024

Thanks, @lifewiretech, for ranking RestaurantEquipment.Bid as the #1 Restaurant Liquidation Auction marketplace in their list of the 9 Best Liquidation Auction Sites for Businesses in 2024!⁠ Here’s what they had to say about our company, RestaurantEquipment.Bid:⁠ “Making it in the restaurant business is challenging. When one eatery shutters its doors, another might benefit from purchasing

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How Restaurants are Adapting to the Global Pandemic, with Neal Sherman

Nicole Mahoney, CEO of Travel Alliance Partnership and Host of the Destination on the Left podcast, interviews Neal Sherman where they discuss his perspective on the hospitality and food industries amidst the pandemic. Neal shares his predictions for when we come out on the other side, and what strategies we can use to thrive during this crisis.

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Liquidating Restaurant Equipment And Nurturing Relationships with Neal Sherman, Founder of TAGeX Brands

Executive Coach, Owner of JKM Management, and Host of the Sheer Clarity Podcast, Kevin McHugh is joined by Neal Sherman to talk about how he got into the business of liquidating restaurant equipment and what he focuses on in his line of business. Neal also shares his advice for nurturing great relationships and the importance of having inner peace in order to serve others.

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business equipment

5 Signs It’s Time For Your Business To Upgrade Equipment (And How To Do It Cost-effectively)

Competition is fierce in the restaurant industry. You’ll quickly be left behind if you’re not at the top of your game. Making the right decisions at the right time will keep you ahead of the competition. One of these crucial decisions involves upgrading or replacing your business equipment. Your equipment drives your operations, and any

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Angelo’s & Vinci’s Restaurant Liquidations

The historic landmark- Angelo’s and Vinci’s, closed its doors after 52 years on August 1st, 2023. “Fifty-two years ago, our restaurant was built with tradition and has since continued with tradition. At our home in the old marketplace, we tribute our ancestors who came to America in the late 1800’s – their spirit and their

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Iconic Restaurant The Fish Market Auctions Décor, Equipment, and Furniture In Online Auction

PALO ALTO WEEKLY: The Fish Market, a 47-year-old seafood restaurant in Palo Alto that shuttered its El Camino Real branch to give way to a housing project, is hosting an online auction to sell its contents — memorabilia, furniture, décor, restaurant equipment and other supplies — to interested members of the community.

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Advanced Auction Company/TAGeX Brands Auction of Ephemeral Tattoo Studio and Twitter Office Furnishings Now Live

Published: Sept. 18, 2023 at 6:30 a.m. ET Bids begin at $1 for high-quality office and Studio furniture, fixtures, equipment and more. ROCHESTER, N.Y., They’re a study in contrasts, with a similar goal of rethinking their real estate and the same national firm to help them maximize the value of what they’re leaving behind: global

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Own A Piece Of Wegmans Through Online Auction

By Heather Morrison | [email protected] After Wegmans closed its Natick store, one of the company’s largest and more unique locations, the company is auctioning off some of its items. RestaurantEquipment.Bid is hosting an online auction that ends Tuesday for many items, such as a pizza oven, chairs, pressure washer, meat slicer, vacuum and more. Some of the items

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Natick Wegmans Equipment Auction

Surplus furniture, fixtures, and equipment from the closed Wegmans location in Natick, Massachusetts will be auctioned online at auction website RestaurantEquipment.bid. The auction, with a minimum bid of just $1, will provide an opportunity for independent food and beverage sellers, restaurants, and homeowners to purchase professional-grade furniture, fixtures, and equipment (FF&E) at a fraction of

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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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restaurant equipment liquidation

How To Reduce Waste Through Restaurant Equipment Liquidation

The restaurant industry contributes significantly to global garbage. Restaurants in the United States alone create over 11.4 million tons of food waste each year, and this figure is steadily increasing. This has motivated many restaurant owners to cut waste and be more environmentally friendly. Restaurant waste reduction has become increasingly essential as sustainable practices gain

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used restaurant equipment

Maximizing Value With Quality Used Restaurant Equipment

Almost 50% of restaurant owners use their extra revenue for equipment purchases or repairs. Equipment like ovens, freezers, microwaves, electric grills, and mixers are essential to any restaurant. For the restaurant to keep making money and run smoothly, these tools must always be in great shape. However, there are several expenses that come with operating

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commercial space for sale

Putting up a Commercial Space for Sale: Tips for Success

Did you know that the four main types of commercial real estate are office spaces, industrial spaces, multifamily rentals, and retail spaces? If you are planning on putting your commercial space for sale, it is important to understand that every type of commercial real estate will require sellers to make use of different selling strategies. This will

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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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Gordon Brothers & TAGeX Brands Form Strategic Alliance to Support Food Service Industry

PRESS RELEASE: Gordon Brothers, the global advisory, restructuring and investment firm, and TAGeX Brands have formed a strategic alliance to provide comprehensive real estate and equipment services to support the food service industry, including the purchase of surplus equipment and real estate.

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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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