November 2018 Trends Report

What has been bringing buyers to Bid on Equipment through the month of November and what are they looking for when they are here?
 

Below are the top ten search terms that have shown the largest increases from Internet search traffic this month.

Interest in each of these terms has grown 100% - 1500%!

Restaurant Equipment for Sale

Bagging Machine for Sale

Machine Shop Auctions

Used Printing Equipment

Used Tanks for Sale

Used Chamber Vacuum Sealer

Used Metal Brake

Smokehouse for Sale

Used Bakery Equipment

Used Butcher Equipment


The top ten overall categories for Bid on Equipment in the last month.

Tanks

Air Compressors

Conveyor Systems

Bagging Equipment

Meat Processing

Boilers

Dairy Equipment

Mixers

Metal Equipment

Candy Equipment


 

The top ten overall Manufacturer Pages for Bid on Equipment in the last month.

Bridgeport

Torit

Vemag

Waukesha

IQF

Trane

Multivac

Combi

Mueller

Krones


The Top Ten Viewed Items in the Last Month.

Koch Smokehouse

Urschel Diversacut 2110 Dicer

Liquid and Cream Filling Line

Chicago Flatwork Ironer

Pro Spot 14 Inverter Resistance Welder

Baader 600 Separator

IMA Zanasi 40F Capsule Filler

Vemag Robot 500 Stuffer

Superior Tortilla Machine

Multilith 1250 Presses

Most Googled Fast Food Franchises to Open

When it comes to the American dream, owning a small business is arguably at the top of the list.

 

For those who want the autonomy of owning their own business with the safety and security of a large, well-recognized brand, buying a franchise may be the best solution. Sure, you’ll still need to have the proper amount of finances to cover start-up costs like restaurant equipment, business permits, and initial inventory, but once you’re off the ground, you’ll have the corporate support from the brand as well as a dedicated customer base built in.

 

We wanted to take a look at franchising opportunities around the country. Specifically, we wanted to know where where aspiring entrepreneurs were interested in opening fast food franchises as well as what type of franchise they wanted to open.

 

To get a sense of this, we took a look at Google search volume trends that were specifically based on searches for franchising opportunities in every state. After analyzing hundreds of different search phrases, here’s what we found.

 

 

Fast Food Nation

 

Depending on where we live, we all have our allegiances to our favorite regional fast food joints (Dunkin’ Donuts in the northeast and Chick-Fil-A in the south)—but which franchises are the most popular to open in each state?

 

Per Google search volume data, Chick-Fil-A is the most popular fast food franchise to open nationally, and we found that it is also the most popular in the southeast, which includes Texas, Louisiana, Mississippi, Tennessee, Georgia, Florida, South Carolina, North Carolina, Virginia, Maryland, Ohio and Pennsylvania.

 

According to Google, the second most popular franchise to open in the country is Dunkin’ Donuts. The franchise is specifically the most popular to open in Illinois, New York, New Jersey, Connecticut, Rhode Island and Delaware. Coming in third place for the most popular food franchises to open nationally is Subway, which is also the most popular food franchise to open in Minnesota and New Mexico.

 

Little Caesars is also a popular franchise choice around the country with Nevada, Utah, Arizona and Kentucky opening them the most. Jimmy John’s—the quick and fresh sandwich shop—is the franchise of choice for Washington, Wisconsin, Missouri, Indiana and Michigan while Montana, South Dakota and Nebraska have been opening up several Burger Kings in their states.

 

Surprisingly, the fast food kings, McDonald’s, is only the most popular to open in California and Massachusetts, and fast food giant Taco Bell only reigned supreme in Oregon and North Dakota. “Finger lickin’” KFC was only the most popular in Alaska, Idaho and Maine, and just two states were big franchisers of the southern favorite, Waffle House: Iowa and West Virginia. Interestingly, Waffle House does not offer franchise opportunities, but it looks like Iowans and West Virginians are hoping that changes.

 

Looking at the fast food franchise map, you can see some interesting patterns. First, Chick-Fil-A is clearly dominating in the southeast portion of the country. Dunkin’ Donuts, an east coast mainstay, has a hold of a lot of the northeast, and Little Caesars has solid footing in the southwest.

 

Most Popular Fast Food Franchises Ranked by Cost to Start

 

Even though you’ll get plenty of corporate support and have a healthy customer base that has good brand recognition from the beginning, starting a fast food franchise can be costly—and it’s not guaranteed to work. We wanted to know exactly how much the start-up costs would be for the most popular fast food franchises and what the failure rates were for each.

 

The lowest start-up costs in our list of the most popular franchises was Subway, with start-ups costing between $89,000 and $328,700. In order to start a franchise with Subway, you must have $80,000 in liquid assets with a net worth of $30,000. Subway may have had the lowest start-up costs, but the failure rate was considerably higher than the rest of the restaurants, coming in at a staggering 23%. The second lowest on our list was Chick-Fil-A, which has start-up costs that range between $265,265 and $2.2 million, which is considerably more than Subway. However, the required liquid assets for Chick-Fil-A were only $5,000 and the failure rate for Chick-Fil-A franchises is only 5%.

 

At the top of our list was KFC, which has start-up costs between $1.4 million and $2.7 million with required liquid assets of $750,000 and a required net worth of $1.5 million, according to company data. Even after all that money spent, KFC had one of the higher failure rates on our list, coming in at 13%. And just below KFC was Qdoba, which costs anywhere from a whopping $936,000 to $2.2 million to start a franchise. The required liquid assets for the fast-casual Mexican chain are $738,000 with a required net worth of $2 million. On the upside, the failure rate was one of the lowest on our list at only 2%.

 

So, from our list, which franchises are the riskiest to take on? We gathered that the highest failure rate was Subway at 23% and the lowest failure rates were Whataburger and Taco Bell, with a roughly 0% failure rate, according to the U.S. Small Business Administration.

September 2018 Trends Report

What has been bringing buyers to Bid on Equipment through the month of September and what are they looking for when they are here?
 

Below are the top ten search terms that have shown the largest increases from Internet search traffic this month.

Interest in each of these terms has grown 100% - 1500%!

Restaurant Equipment for Sale

Used Tortilla Machine for Sale

Machine Shop Equipment

Milling Machine for Sale

Bakery Equipment Auction

Used Printing Equipment

Used Dairy Equipment

Used Commercial Freezer

Used Chamber Vacuum Sealer

Used Commercial Oven for Sale


The top ten overall categories for Bid on Equipment in the last month.

Restaurant Equipment

Air Compressors

Machine Shop Equipment

Conveyor Systems

Commercial Coolers-Freezers

Metal Equipment

Bakery Equipment

Tanks

Dairy Equipment

Meat Processing Equipment


 

The top ten overall Manufacturer Pages for Bid on Equipment in the last month.

Bridgeport

Vemag

Sweco

Urschel

IQF

Torit

Trane

Goring Kerr

Mueller

Bakers Pride

 

August 2018 Trends Report

What has been bringing buyers to Bid on Equipment through the month of August and what are they looking for when they are here?
 

Below are the top ten search terms that have shown the largest increases from Internet search traffic this month.

Interest in each of these terms has grown 100% - 1500%!

Restaurant Equipment for Sale

Used Walk In Cooler

Bakery Equipment

Used Dairy Equipment

Machine Shop Equipment

Used Tortilla Machine for Sale

Icee Machine for Sale

Bottling Equipment for Sale

Bridgeport Mill for Sale

Used Dust Collector for Sale


The top ten overall categories for Bid on Equipment in the last month.

Restaurant Equipment

Air Compressors

Machine Shop Equipment

Tanks

Bakery Equipment

Conveyor Systems

Commercial Coolers-Freezers

Meat Processing Equipment

Dairy Equipment

Metal Equipment


 

The top ten overall Manufacturer Pages for Bid on Equipment in the last month.

Bridgeport

Hussman

Waukesha

Bosch

Alto Shaam

Bakers Pride

Combi

Goring Kerr

Cleaver Brooks

Yale


The Top Ten Viewed Items in the Last Month

Chicago Flatwork Ironer

BE&SCO Tortilla Press

Lefiell Hog Dehairer and Scalder Tank

Probat GG120 Coffee Roaster

Superior Tortilla Machine

Doosan Daewoo D150 Forklift

Coffee Shop Equipment

Consew 226R W Reverse Leather Sewing Machine - Head Only

Multilith 1250 Presses

JJ Taylor Toronto Safe

July 2018 Trends Report

What has been bringing buyers to Bid on Equipment through the month of July and what are they looking for when they are here?
 

Below are the top ten search terms that have shown the largest increases from Internet search traffic this month.

Interest in each of these terms has grown 100% - 1500%!

Restaurant Equipment for Sale

Used Packaged AC Units for Sale

Used Ice Machine

Used Dairy Equipment

Walk In Cooler for Sale

Used Vacuum Tanks for Sale

Used Machine Shop Equipment

Bakery Equipment Auction

Metal Brake for Sale

Used Commercial Oven


The top ten overall categories for Bid on Equipment in the last month.

Restaurant Equipment

Ice Machines

Machine Shop Equipment

Conveyor Systems

Commercial Coolers Freezers

Meat Processing Equipment

Dairy Equipment

Metal Equipment

Bakery Equipment

Air Conditioners


 

The top ten overall Manufacturer Pages for Bid on Equipment in the last month.

Bridgeport

Bartelt

Sweco

Urschel

Vemag

Multivac

Trane

Graco

IQF

Handtmann


The Top Ten Viewed Items in the Last Month

Shanklin HS4DA High Speed Wrapper

Chicago Flatwork Ironer

1250 HP Ingersoll Rand Centac Air Compressor

Lefiell Hog Dehairer and Scalder Tank

10ft Big Ass Fan - Standard Foil

45 kg Diedrich CR-45 Coffee Roaster

Koch Smokehouse - Single Cart

JJ Taylor Toronto Safe

Dunkley Cherry Pitter - Model D

ZSK Embroidery Machine

June 2018 Trends Report

What has been bringing buyers to Bid on Equipment through the month of June and what are they looking for when they are here?
 

Below are the top ten search terms that have shown the largest increases from Internet search traffic this month.

Interest in each of these terms has grown 100% - 1500%!

Used Restaurant Equipment

Used Vacuum Tanks for Sale

Used Milling Machines

Used Plastic Water Tanks for Sale

Walk In Cooler for Sale

Used Dairy Equipment

Used Ice Machine

Used Packaged AC Units for Sale

Used Machine Shop Equipment

Bakery Equipment Auction


The top ten overall categories for Bid on Equipment in the last month.

Restaurant Equipment

Air Compressors

Machine Shop Equipment

Conveyor Systems

Tanks

Bakery Equipment

Dairy Equipment

Meat Processing Equipment

Commercial Coolers Freezers

Metal Equipment


 

The top ten overall Manufacturer Pages for Bid on Equipment in the last month.

Vemag

Mueller

Trane

IQF

Bridgeport

Urschel

Vemag

Bartelt

Sweco

Torit


The Top Ten Viewed Items in the Last Month

Coffee Shop Equipment

Mandelprofi Mini Nut Roaster

Chicago Flatwork Ironer

Lefiell Hog Dehairer Scalder Tank

Cushman 4-Wheel Truckster

Multilith 1250 Presses - 1 T-Head

APV Food Grade Sanitary High Temp Short Time Pasteurizer Processing System

Superior Tortilla Machine

Mandelprofi Mini Nut Roaster

ZSK Embroidery Machine

Putting a Price on Priceless

 How much would you pay to experience a once-in-a-lifetime event? We asked 2,000 Americans what they would realistically pay to witness a particular moment in history. To help narrow the list, we compiled 40 historic experiences from pop culture, music, sports, world history and personal moments. Check out the graphic below to see how much money people are willing to spend on a moment in time. 

 

In order to breakdown the value of historical events, let’s get the biggest ticket out of the way first. According to the survey, most people would spend on average $100,622 to relive the day their first child was born. This personal moment is interesting, considering that those surveyed already experienced it within their lifetime and would pay that much to simply do it again. Maybe they want to take more photos or soak in the life-changing day once more, but either way, when compared to all other offered experiences in life—whether personal or historical—most people would choose a deeply personal moment to have déjà vu. How sweet!

Aside from sentimental moments, the next biggest items are major historical events: the 1969 moon landing, where most people would pay $39,334 to witness, and the signing of the Declaration of Independence, which fetched around $36,836 on average.

Both events signify major turning points in American history as the starting point of a new frontier: the birth of our country and the dawn of the possibilities beyond our own planet. Considering that the average cost of a wedding in 2018 is $35,329, witnessing events of such magnitude for under $40,000 seems like a bargain!

Back in 1969, you could attend the historic three-day music festival known as Woodstock in upstate New York for $6.50 each day, $18 for all three days with advance purchase. Imagine what the organizers would think if they knew that in 2018, people would pay $11,110 to attend the muddy musical mayhem. Woodstock experience ranks only a few hundred dollars more than the privilege of seeing the Beatles on their 1964 World Tour (averaging $10,564).

So who wants to relive these milestones? Gen-Xers are most likely to pay for music and personal experiences, while Baby Boomers are more likely to go for historic events. Millennials are more interested in pop culture and sporting events, which might explain the surprising price tag of $14,579 to witness Mark Zuckerberg launch Facebook.

Not surprisingly, women would pay $31,456 more than men to relive the moment their first child was born, probably because it was such a whirlwind the first time.

Whether it’s world history or a special time in pop culture or a personal, sentimental moment, people are willing to open their wallets to witness important milestones—either for the first time or once more.

 

May 2018 Trends Report

What has been bringing buyers to Bid on Equipment through the month of May and what are they looking for when they are here?
 

Below are the top ten search terms that have shown the largest increases from Internet search traffic this month.

Interest in each of these terms has grown 100% - 1500%!

Used Conveyors

Sheet Metal Brake for Sale

Walk In Cooler for Sale

Used Dairy Equipment

Used Restaurant Equipment for Sale

Industrial Oven for Sale

Used Ice Machine

Used Conveyor for Sale

Used Machine Shop Equipment

Used Vacuum Tanks for Sale


The top ten overall categories for Bid on Equipment in the last month.

Restaurant Equipment

Conveyor Systems

Machine Shop Equipment

Bakery Equipment

Tanks

Woodworking Machinery

Dairy Equipment

Meat Processing Equipment

Commercial Coolers Freezers

Metal Equipment


 

The top ten overall Manufacturer Pages for Bid on Equipment in the last month.

Trane

Multivac

Mueller

Urschel

Sweco

IQF

Vemag

Handtmann

Bridgeport

Powermatic


The Top Ten Viewed Items in the Last Month

Chicago Flatwork Ironer

Mandelprofi Mini Nut Roaster

10ft Big Ass Fan - Standard Foil

Hunter DSP 9000 Wheel Balancer

20 Cu. Ft. Marion 2030 Paddle Mixer

BE&SCO Tortilla Press

Cretors FT80 Popper

Fette 3090 Double Sided Rotary Tablet

6 Head Accutek Fully Pneumatic Filler

JJ Taylor Toronto Safe

April 2018 Trends Report

What has been bringing buyers to Bid on Equipment through the month of April and what are they looking for when they are here?
 

Below are the top ten search terms that have shown the largest increases from Internet search traffic this month.

Interest in each of these terms has grown 100% - 1500%!

Used Woodworking Tools

Used Restaurant Equipment for Sale

Used Sheet Metal Brake

Ice Machine for Sale

Used Conveyor for Sale

Used Milling Machine

Used Machine Shop Equipment

Used Vacuum Tanks for Sale

Used Dairy Equipment

Bakery Equipment Auction


The top ten overall categories for Bid on Equipment in the last month.

Restaurant Equipment

Conveyor Systems

Machine Shop Equipment

Commercial Coolers and Freezers

Tanks

Meat Processing Equipment

Woodworking Machinery

Air Compressors

Dairy Equipment

Bakery Equipment


 

The top ten overall Manufacturer Pages for Bid on Equipment in the last month.

Mueller

Trane

IQF

Multivac

Vemag

Torit

Sweco

Urschel

Handtmann

Powermatic


The Top Ten Viewed Items in the Last Month

Human Crematories Retort

ZSK Embroidery Machine

Logan 825 Metal Lathe

Stephen Bader Bench Belt Sander

Pullmax P9SL Nibbler

BE&SCO Tortilla Press

Hunter DSP 9000 Wheel Balancer

Cornely A5 Chain Stitch Hand Embroidery Machine

Chicago Flatwork Ironer

ARR-TEC GSC4000 Corn Tortilla Stacker

March 2018 Trends Report

What has been bringing buyers to Bid on Equipment through the month of March and what are they looking for when they are here?

Below are the top ten search terms that have shown the largest increases from Internet search traffic this month.

Interest in each of these terms has grown 100% - 1500%!

Used Woodworking Tools

Metal Brake for Sale

Used Milling Machine

Used Dairy Equipment

Used Lathes for Sale

Used Plastic Water Tanks for Sale

Used Machine Shop Equipment

Used Printing Equipment

Used Conveyors for Sale

Restaurant Equipment for Sale


The top ten overall categories for Bid on Equipment in the last month.

Restaurant Equipment

Conveyor Systems

Machine Shop Equipment

Bakery Equipment

Dairy Equipment

Meat Processing Equipment

Tanks

Metal Equipment

Woodworking Machinery

Construction Equipment


 

The top ten overall Manufacturer Pages for Bid on Equipment in the last month.

Mueller

Trane

Sweco

Eriez

Vemag

Handtmann

IQF

Rheon

Multivac

Pullmax


The Top Ten Viewed Items in the Last Month

Human Crematories Retort

400 Gallon Milk Keeper

Mobile Oil Change Van

Stephen Bader Bench Belt Sander

Logan 825 Metal Lathe

Wells-Index 847CEN Milling Machine

Chicago Flatwork Ironer

Kronen SDS-5000 Air Dryer

Hunter DSP 9000 Wheel Balancer

Accu-Bend 410 Channel Letter Machine