Different Ways to Bid in a Auction

In Person Bidding: Traditional Auction House: Attend the auction in person at a physical auction house. Raise your hand or bidding paddle to signal your bid. On-Site Auctions: Some auctions take place on-site at the location of the items being sold, such as a restaurant or business. Attendees bid in person, often using hand gestures…

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How Can I Find an Auction Near Me

There are several ways to find auctions, including restaurant auctions. Here are some common methods: Online Auction Platforms: Many auction houses and liquidators operate online platforms where they list upcoming auctions and available inventory. Websites like AuctionZip, Proxibid, and HiBid allow users to search for auctions by location, category, and date. Auction House Websites: Individual…

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The Type of Items you Can Find at a Restaurant Auction

Restaurant auctions offer a diverse array of items that cater to the needs of both restaurateurs and budding entrepreneurs in the foodservice industry. Here’s a comprehensive list of items commonly found at restaurant auctions: Kitchen Equipment: Commercial ovens (convection, pizza, deck, etc.). Ranges, griddles, and fryers. Refrigerators, freezers, and walk-in coolers. Food preparation equipment (slicers,…

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The Various Items You Can Find at a Restaurant Auction

Restaurant auctions offer a diverse array of items that cater to the needs of both restaurateurs and budding entrepreneurs in the foodservice industry. Here’s a comprehensive list of items commonly found at restaurant auctions: Kitchen Equipment: Commercial ovens (convection, pizza, deck, etc.). Ranges, griddles, and fryers. Refrigerators, freezers, and walk-in coolers. Food preparation equipment (slicers,…

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Auctions vs Liquidations

Auctions and liquidation sales are both methods of selling assets, but they differ in several key ways: Auctions: Bidding Process: In an auction, buyers compete against each other by placing bids on the items being sold. The highest bidder wins the item and is obligated to pay the amount bid. Auctions can be conducted in person,…

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Auctions vs Liquidation Sales

Auctions and liquidation sales are both methods of selling assets, but they differ in several key ways: Auctions: Bidding Process: In an auction, buyers compete against each other by placing bids on the items being sold. The highest bidder wins the item and is obligated to pay the amount bid. Auctions can be conducted in…

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Making a Decission on Auctioning off All Contents of Your Business

An auction sale can potentially help a failing restaurant or other businesses in several ways: Liquidating Assets: If a restaurant or business is struggling financially, it may have valuable assets that can be sold to raise funds. An auction allows the business to efficiently liquidate assets such as equipment, furniture, decor, and even inventory. This…

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How Restaurant Businesses are Doing Post Covid

As of my last update in January 2022, I don’t have access to real-time data, including specific information about restaurant businesses in Palm Beach County in 2024. However, I can offer some insights and predictions based on trends and observations up to that point. 1. Recovery and Adaptation: Following the COVID-19 pandemic, restaurant businesses across…

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NATIONWIDE AUCTIONS

Auctionbid has been established for over 25 years bringing big results to the restaurant industry community. Since the begining of the Pandemic, restaurants have struggled to keep its door open. It all started with resauarnts, bars and the food service industry shutting down for different periods of time. The time has passed and many businesses…

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On-Line Auction Forecast

The online auction platforms have been growing in leaps and bounds since 2021 and continues to provide convenience for bidders to participate in auctions nationwide. The beauty of bidding online is not having to be present and yet be able to win a lot. Auction companies have entered to an area of growth between the…

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