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Restaurant Equipment Leasing

Restaurant Equipment Leasing

Equipment leasing is an ideal option for restaurant equipment as virtually all commercial kitchen equipment will get a lot of wear and tear within a couple of years. When the lease is up you are be able to get a brand new model if you decide to renew the contract. Equipments like dishwashers and ice machines will not last long, so they are well suited for leasing.

If you are a startup restaurant and choose to lease your restaurant equipment, you will be able to save a lot of money that would otherwise be spent to purchase it.  Leasing will free up your capital and credit lines and allow your business to have better cash-flow. You will certainly need this cash to cover expenses like payroll.

You may also consider used restaurant equipment leasing, as it might allow you to save even more money up front than buying it brand new. However, leasing used equipment for your restaurant comes with a caveat as most leases will have higher rates, no warranty, and you might end up paying more for maintenance.

Since the restaurant business can be quite tough for startups with most of them shutting their doors within the first three years, it is wise to opt for a lease term shorter than 60 months.

Here is a sample list of commonly leased restaurant equipment:

  • Dishwashers
  • Ice Machines
  • Coffee Makers
  • Coolers
  • Commercial Freezers
  • Commercial Fryers
  • Commercial Ovens

One Response

11.04.09

I buy ‘end of lease’ restaurant equipment and all foodservice equipment from any leases in default. Andy

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