September 24th, 2019
Opening a restaurant can require an enormous amount of upfront capital. You not only need to purchase essential kitchen equipment, but you also need capital to run the business. While restaurant equipment can be leased, buying used restaurant equipment can definitely be a smarter financial move to obtain tax deductions and achieve long-term savings.
Below is a list of all the places where you can look to purchase used restaurant equipment in St Charles:
1. Failed and Active Restaurants
One of the best ways to purchase used equipment is to keep track of local restaurants in your area that may even be your competitors. Restaurants go out of business all the time, and they generally have a lot of equipment that they need to get rid of in a very short period of time.
If you notice a pizzeria, coffee shop or restaurant that is closing down in your neighborhood, you could make an offer for their kitchen equipment. You might even be able to get hardly used equipment at a bargain price. Moreover, if you are in need of staff, you could even source some of their out-of-work employees.
Active restaurants can also be a good source of used kitchen equipment. In the event that they are upgrading, they might be willing to sell their old equipment at a minimal price.
2. Auctions
Many restaurant owners that are closing down their restaurant prefer to work with auction service providers. One of the advantages of buying from an auction is that you will receive a detailed evaluation of the quality of the equipment.
The price paid in an auction might be a little higher, but you get the benefit of additional services such as warranty checks, online inventories, evaluations, and even equipment delivery to facilitate bulk sales to a single purchaser.
3. Damaged Appliance Sellers
Damaged appliance sellers are another option for obtaining new kitchen equipment at a discount. Any open box with a dent, scratch, or discontinued inventory qualifies as a damaged good, and is often sold at a 50% discount or even less.
Often times, the equipment available is still technically new merchandise. and therefore, it’s still under warranty. Some places to start your search include large retailers like ABT, Costco, and Best Buy.
4. Storage Locker Auctions
Restaurant owners might store restaurant equipment in storage lockers when it is not currently being used. After a while, if the owner is no longer able to hold the storage, the equipment is put on auction. If there are restaurant lockers going on auction, you can find a well maintained and optimally functional piece of kitchen equipment from this type of auction at a good price.
5. Used Restaurant Equipment Company
Just about every major city has a used restaurant equipment supply store. Sometimes, these stores may only specialize in kitchen equipment, or they could sell all kinds of used equipment.
A used restaurant equipment store is a great place to look for branded equipment at a fraction of the original asking price. Often times, these stores also provide warranties for restaurant equipment, so you can have the peace of mind that your purchase will be covered.
Looking for Used Restaurant Equipment in St Charles, Illinois?
If you’re on the lookout for any used restaurant equipment, and if you need it in St Charles, we here at March Quality are the people to see.
For over 30 years, we’ve been providing a place for current businesses to sell their used restaurant equipment. We buy used equipment and refurbish it until it’s like new, and then sell it for a fraction of the price of new equipment.
Contact us today to discuss your needs!
