Given the current state of the food and beverage industry – fierce competition and aggressive growth – opting to buy your restaurant secondhand equipment against a set of equipment that is brand-new can be a very important and critical decision. Getting your second hand commercial kitchen equipment Brisbane might be the better choice.
The competition, the high costs, and some unplanned circumstances underline the dire state of dining establishments in trying to survive in big urban centers. (In the Philippines alone, not all dining establishments survive past 24 months.)
When setting up a kitchen, it might be a good idea if your budget is prudently set up first at low, considering all the variables and unforeseen circumstances.
Savings
On investigation with the market and looking at costs of equipment and furnishings, the figures that came out have almost 50% savings on most goods. Construction materials had up to 80% savings.
When you figure that materials and equipment comprise somewhere around 50 to 80 percent of the cost of your initial investment, you can equate this as an initial success in investing.
For kitchen equipment, here are some tips to look out for when buying secondhand versus brand new materials.
Bargaining ventures
First, get to know the current new market price for the equipment. Armed with it, you would know if second hand equipment is priced way too high.
Take some calculated risks. For instance, grab a 4-door upright ref in good physical condition (but has a broken compressor) offered under P25,000. A compressor replacement costs P12,000 and the total price adds up to P37,000. This compares favorably to a brand new one that can set you back for P65,000. (These are Philippine prices.)
Warehouses / distributors / importers
These establishments do not exactly sell secondhand equipment. However, they sometimes (not at all times) sell their goods at par with the price they sell to their retailers with sky-high markups.
Some have repossessed appliances that are relatively new. Instead of sending them over to the manufacturers, these are sometimes sold at lower prices (just to recoup the original cost) instead of taking all the hassles and costs of sending it back.
More tips
Understand that buying secondhand equipment will get its appropriate pricing. However, the goods are not as perfect as its brand new counterparts.
Being realistic is knowing that the person was once a buyer and he would also know the value of these items.
Know that the worst thing in buying new is that its value drops by a minimum of 25% once it is out of the box, the store, or the warehouse. Used equipment do not depreciate fast like the new ones but they do when it comes to age and use.
Used equipment houses
As your worst choice, you can visit second hand commercial kitchen equipment establishments and get your equipment there. Many of them are refurbished and functioning well. The only trouble is that these houses are also in business and they have to make some profits.
Secondhand prices of equipment from these places are much too high comparatively speaking than from some freelance salesmen. Definitely, though, they are lower than brand new ones.