Equipment Rental

Know More About how to Get Max Dollars for Used Restaurant Equipment

Used Restaurant Equipment

Selling restaurant equipment used is similar to selling a vehicle. To get a maximum dollar, appearance, regular maintenance, and cleanliness are vital. Below are 5 questions you should ask to make sure you get the most money, whether you’re selling them directly to us or private buyers.

Is it clean? Is there grease buildup from years of use on the sides and top of your Commercial Range? Is there mold at the bottom of your Walk-In Cooler Refrigerator? You won’t get the best price if your equipment is dirty while you’re trying to sell them.

Is the refrigerator in a Normal Working Condition? You will get less for a used refrigerator that keeps food cold but makes a loud rumbling sound than if it was working properly. It is financially impossible to sell a product that requires extensive maintenance before it can be put on the market.

Where is it? Send multiple photos of the interior and exterior of the product to us for a better deal. We are taking a chance by purchasing a product unseen.

Do you know the serial number and model? Please send product photos and include the serial number and model. These details will allow us to determine the year of manufacture and product specifications, which will help us give you an accurate price.

Are your Expectations Realistic? A used Refrigerator will not be worth the price you paid three years ago. You can expect to sell most privately-sold restaurant equipment for between 10-30% and 30% of the price you paid for it. A product that has been through the wringer only a few times will be less than one that is 10 years old but is well-maintained, clean, and in good working order. Be realistic about your expectations.

Why would you sell your used equipment?

In the United States, more than 13,000 restaurants are opened each year.

There will always be a demand for restaurant equipment, with so many new businesses opening and closing. Entrepreneurs might find it more profitable to invest in used equipment because of the high failure rate.

Used restaurant equipment has a strong market.

Here are some reasons businesses might consider selling their equipment.

  • Going out of business: The owners will sell all they have to pay the debts when the business closes.
  • Replacing and upgrading: A successful business might consider upgrading its restaurant equipment, particularly if it requires new technology like online ordering or kitchen display screens.
  • Selling your business: The buyer will need to know what you’re getting when you sell your company. It is crucial to have an accurate appraisal of your equipment to determine the best asking price.

Tips for Selling Used Restaurant Equipment

There are two options for selling your equipment. You can sell your equipment by yourself, and target your market. Any restaurant might be interested in smaller equipment. We at restaurant supply store Austin can buy and sell both small and large items.

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