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The Prime Auction Group
 AuctionZip Auctioneer ID # 7396  

Jerry Floyd
601 S. McAllister
Quitman, TX 75783

Phone: 903-763-5060

Jerry is the President and founder of Floyds Prime Equipment Inc. dba The Prime Auction Group located in Quitman, Texas and serving North America. With over 40 years in the foodservice industry since the age of fifteen, he has gone from working in his family’s restaurant to later owning several different restaurants and convenience stores to selling foodservice equipment and later appraising all types of food establishments including manufacturing, supermarkets, convenience stores, restaurants, and bakeries for banks and for individuals.

During the late eighties, he appraised foodservice establishments for GE Capital and Transamerica which included videotaping and written reports. During the late nineties to 2003 he had five years of experience working with Wal-Mart in liquidating their bakery and meat market equipment. He has worked with companies such as Target, Pizza Hut, Brinker, Whole Foods, Winn-Dixie in liquidating some of their used equipment.

In 2004, wanting to expand his abilities to liquidate clients’ assets by the best possible method, Jerry acquired his Texas auctioneer’s license. He, along with his wife, Patricia who has a Texas Real Estate Broker's license, have formed The Prime Auction Group ( which specializes in commercial Real Estate as well as the foodservice industry. The Prime Auction Group's affiliation with lawyers, engineers, bankers, land use development, agricultural development, professional marketers and contacts within the auction industry allows them to bring expertise in all areas of marketing a client's assets.


• CAGA Certified Appraisers Guild of America
• Texas Auctioneer License #16037
• BAS Benefit Auction Specialist, 2007
• PRI Professional Ringmen’s Institute 2008
• CAI Certified Auctioneers Institute, 2008 to 2010 (the highest designation in the auction industry, 3- year exam based program held at Indiana University)


• North Texas State University, 1966-1970
• Teachers Certification 1970, all levels
• Texas Auction Academy, 2004
• Certified Appraisers Guild of America, 2005
• BAS, Benefit Auction Specialist, 2007
• PRI Professional Ringmen’s Institute 2008
• CAI Certified Auctioneers Institute, 2008-2010


• Texas Restaurant Association
• National Restaurant Association
• The Retail Bakers of America Association (RBA)
• North American Association of Food Equipment Manufacturers (NAFEM)
• National Auctioneers Association
• Texas Auctioneers Association
• Fellowship of Christian Auctioneers International
• International Dairy Deli Bakery Association (IDDBA)
• National Grocers Association

Our Motto: “We will give you no less than our best!”
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