Furnishing your commercial kitchen can be a costly endeavor. Yet there are costs efficient ways to get the equipment you need at a bargain that will last the test of time. You don’t have to drown in debt or bend over backwards to get the restaurant equipment you need. This guide will teach you how to equip your commercial kitchen without breaking the bank too much.
Closing Restaurants
What better place to find restaurant equipment than at another restaurant? Food service establishments that are closing, going out of business, or simply upgrading equipment look for quick ways to cover losses from equipment they can no longer use. As ironic as it may sound, checking out local competitors that are failing could get you a great deal on equipment you need, while also earning you new professional contacts in the industry!
Used Equipment Retailers
If you are looking to save on your restaurant supplies and equipment, bypassing big name super stores, for a smaller retailer that offers dented or used restaurant equipment may serve you best. These stores usually offer great deals on pieces that have been quality-assurance checked, lowering the risk of buying low quality items. For dented items, you get the best of both worlds – a “technically” new item sold at a used price. Not to mention that the value of your equipment won’t depreciate as quickly as a brand new appliance would.
Financing Options
If you aren’t convinced used equipment is the way to go, a financing option may be best for you. Financing your restaurant’s equipment can give you the budget flexibility for purchasing cooking equipment, and major appliances. Restaurateurs who are concerned about quality or warranty may want to purchase new, using financing options. Be sure to work with a company with established relationships who can get you competitive financing, with low, tax deductible monthly payments to meet your business needs.
Auctions
Auctions are a great way to find restaurant equipment for an affordable price by allowing you to bid on an item, or make an offer. An online auction allows you to place a bid, most times for a fraction of the cost! Auctions are a great way to track the market price of an item if you are shopping around or not ready to make an immediate purchase. Tracking a make and model of an equipment piece will help keep you in the know.
Happy Bargain Hunting
Leave no stone unturned when seeking out great deals for your food service establishment. There are many options, and by doing your research, you increase your knowledge in order to find the route that best fits your needs. Equipping a restaurant or commercial kitchen is a great feat. Not only are you responsible for the rent, hourly and salary obligations to staff, and marketing your business – ensuring it is service ready is at the top of the list. By cutting costs where you can and finding bargains, you are giving yourself a great head start in a major endeavor.