March 24th, 2019

Starting a new restaurant requires investing in equipment right from the beginning—this includes refrigerators, stoves, tables, ovens, etc. For this reason, it is important to decide where and how you are going to balance your finances in order to successfully juggle the new business and make it profitable.

One of the largest investments lies in the purchase of restaurant equipment. Many owners face the challenge of making a decision on whether to buy used or new kitchen equipment.

To help you make the right decision, we are going to discuss some of the benefits you will enjoy when purchasing used restaurant equipment in Oak Brook, Illinois:

1. Saves Money

It goes without saying that a piece of used equipment is going to cost less than a new one. However, this is one of the most important benefit that cannot be emphasized enough. Used equipment is refurbished and sold so that it operates like new. In essence, you are getting the same performance from the machine for a lesser amount. Moreover, the money saved can be re-invested in a different area of your business to attract more customers.

2. Less Depreciation

Purchasing restaurant equipment can be compared to the process of buying a new car. Once you drive it off the lot, your vehicle begins to depreciate in value. Similarly, new restaurant equipment will start to lose its value as soon as it leaves the showroom.

However, when you purchase used restaurant equipment, the depreciation is much less dramatic. It has already taken its original big dip in price, which you can now take advantage of.

3. Good Quality

Unfortunately, many ambitious restaurant projects do not pan out and fail within the first 5 years. As a result, there is a high turnover of restaurant equipment that has not been used much and is in good working condition. You can take advantage of this by purchasing equipment that looks and  performs like new.

4. Desirable Brand Purchase

Branded restaurant equipment is likely to serve you better and longer than most generic machines. After doing your research, you might be fully convinced that brand XYZ has the best freezer and ABC has the oven specifications you need. However, the prices of the equipment might be completely out of your budget range. But, if you were to look at the used versions of this exact same equipment, you might discover that it’s available for the price you are willing to pay.

5. Negotiation

The listed prices for used restaurant equipment are not always fixed. Many sellers are hoping to get rid of their machinery at the first chance they get, which gives you an upper hand in the negotiation process. You can make a counter-offer that can save you hundreds or even thousands of dollars.

Additionally, if you are buying many pieces of equipment from the same seller, you might request that they throw in an additional item in good faith. This will help you save even more money in the process.

Are You Looking for Used Restaurant Equipment in Oak Brook, Illinois?

If you’re on the lookout for any used restaurant equipment, and if you need it here in Oak Brook, we at March Quality are the people to see.

For over 30 years, March Quality New and Pre-Owned Foodservice Equipment has been providing a place for current restaurant owners to sell equipment. We provide a viable and efficient secondary market for those entering the industry, and for those already in the industry.

Contact us today to discuss your restaurant equipment needs!