Shopping second hand for restaurant equipment can benefit you in many ways. Buying used means paying a lower initial price for your restaurant equipment. Which is much more cost effective. You can also save by paying less in sales tax.
Once new equipment is used it is depreciated but used equipment, if well maintained, will hold its value. When it is time to sell your used equipment, it is possible to get close to what you paid for it. Especially if you are selling it at the right time, to a market where equipment is in high demand.
Shopping second hand keeps unwanted, still operating equipment out of landfills. This benefits the environment immensely and allows you to emit less pollution in the process of getting what you need for your restaurant.
The global used equipment market is massive. Which is good news for buyers. This means there are more choices and brands to choose from within your price range, when buying second hand. Shopping for used items decreases the overall demand on new, retail goods. Creating less pressure on companies to produce large volumes of equipment for profit. If more people where to buy second hand the retail price of new equipment could go down.
Here are some must do’s when buying used:
- Buy from a reliable, trustworthy business.
- Make sure the business you are buying from had a mechanic look over item before being sold.
- 30 to 60 day warranty is a good sign that they the business stands behind their used products.
Overall shopping second hand is a smart choice especially for new restaurant owners who are just getting started and want to get the bang for their buck.
