Restaurants are rethinking their costs during the pandemic

This week’s episode of "A Deeper Dive" features Neal Sherman, founder of restaurant equipment reseller TagEx Brands.

Restaurants are rethinking all of their costs during the pandemic, and that includes equipment.

This week’s edition of the Restaurant Business podcast "A Deeper Dive" features Neal Sherman, president and founder of TagEx Brands, which sells restaurant equipment on the secondary market.

Sherman has a long history in the restaurant business and gets involved with companies when they close locations. He has a fascinating perspective on the state of the industry, as well as who is winning and who is losing. And he has great insights into the pandemic and its overall impact on restaurants.

He discusses some of the surprising ways the equipment market changed as the pandemic hit, and how restaurant companies are viewing that business as a way to save money and, surprisingly, raise cash.

Find this episode on Apple Podcasts.

Find it on Spotify.

Please have a listen.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.


Exclusive Content


Saladworks-parent WOWorks is shopping for new brands to buy

The platform company is almost finished assimilating its existing six brands. Now it's time to add to the family, said CEO Kelly Roddy.


2 more reminders that the restaurant business is risky

The Bottom Line: Franchising is no less risky than opening your own restaurant. Just ask former NFL player David Tyree and the former president of McDonald's Mexico.


There's plenty happening at the high end of the pricing barbell, too

Reality Check: Decadent meal choices are also proliferating, for a lot more than $5.


More from our partners