Red Lobster Auctioning Off ‘Entire Contents’ of Over 50 Closed Restaurants

Published on May 14, 2024

A restaurant supply liquidator is auctioning off equipment and furniture from over 50 closed Red Lobster restaurants across the United States. TAGeX Brands, a restaurant liquidator, announced on May 13 that it would be selling inventory from Red Lobster restaurants in multiple states. Auctions commenced on May 13 and are expected to end on May 16. The listing says that winning bidders will receive “the entire contents of the Red Lobster location they bid on.” “TAGeX Brands is proud to launch the largest restaurant liquidation EVER through its online auction marketplace,” Neal Sherman, the chief executive of TAGeX Brands, stated on LinkedIn. “The Furniture, Fixtures, and Equipment from select Red Lobster locations MUST GO ASAP!” he added....

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