When you are planning to start your own restaurant or catering business, finding the right commercial kitchen appliances is one of the most important steps. The key is to find the best way to get these required kitchen equipment using a cost-effective method that helps you have your restaurant business up and running on the minimum budget.
When it comes to finding the right commercial kitchen appliances, you have three main options: You can rent, lease or get those equipment using a cash purchase - based on which option is the best one based on your current budget.
Renting your commercial kitchen appliances means you will get the equipment you need for your restaurant business for a monthly fee. Renting and hiring kitchen equipment is fairly easy to do and you can afford it on the minimum upfront budget, but the downside is it will cost a lot of money over time as the monthly fees add up.
Your next option is using a cash purchase to gain the entire ownership of the kitchen equipment you need. Needless to say, it may require a large budget, since a new restaurant needs plenty of various appliances that must be NSF (National Sanitation Foundation) approved. So even though this option may help you save money in the long term after years of making profits from your restaurant business, you still need to put down a large upfront payment at the beginning.
Your third and perhaps the most cost-effective option, is leasing your commercial kitchen appliances. When you have a lease agreement, you obtain the temporary ownership of the kitchen equipment for a certain period of time - usually 2-5 years. So what is the advantage of this option compared to the two previous ones? You may wonder.
Since the contract is for a longer period compared to hiring the kitchen appliances, you save a lot more money compared to renting the same equipment. Many business owners go for this option because not only it helps them save money, but you can also get the greatest and latest equipment using commercial kitchen appliance leasing, since you can return and upgrade your equipment after a few years.
On the other hand, if you were to buy them using a cash purchase, you were stuck with the same old kitchen equipment for a long time. Since selling used kitchen appliances is not always easy, you would have to lose money when trying to replace them with newer equipment models.
The number one key to pay attention to when looking for leasing commercial kitchen appliance for a restaurant is finding the NSF sticker on all the equipment. To avoid fines and penalties from your local health department during sanitary inspections, it is essential to use only NSF approved commercial kitchen appliances in your restaurant.
By using a kitchen equipment leasing company such as LeaseQ, you can keep your monthly costs low and save money in the long term. Your financing options for commercial kitchen appliances may include leasing or taking out a loan for your commercial kitchen appliance lease - keeping monthly costs low. The right leasing company will help you find out about various cost-effective options and find the equipment lease that's right for you.
To see if you qualify for commercial kitchen appliance leasing, simply click here for a free quote from LeaseQ to help you find the equipment lease that's right for you. The process of helping you find the right leasing option is fast and free, and you can benefit from a soft credit pull that has no impact on your credit score. So right now you have the option of asking your dealer to recommend dealers in that niche or going to LeaseQ and getting a free instant quote today.
To see if you qualify for commercial kitchen appliance leasing, click here for a free quote.
Plus you can go back as often as you like until you are ready to apply for commercial kitchen appliance leasing at LeaseQ - as the application process takes less than two minutes.