Sometimes a restaurant has certain products or services that are not found in a typical restaurant environment. For these restaurants, the need for specialty restaurant equipment exists. The products that these equipment setups produce are often defining features for a restaurant, such as signature dishes or ethnic foods and many of these can only be created with specialty restaurant equipment. As such, the profitability and continued success of the restaurant often depends on having top quality specialty equipment. Specialty restaurant equipment leasing offers restaurant owners the ability to acquire the necessary equipment while balancing their monthly costs.
Restaurant equipment that serves a specialty function is oftentimes extremely expensive to purchase. Also, unlike with nonspecialized restaurant equipment such as carts, pans and ovens, there is not a great deal of alternative utility that these pieces of equipment provide. This makes it difficult to both replicate these specialty products without the correct equipment and also to account for their associated expense.
Lease options can help solve this issue for you. With a lease, your fixed monthly payment is consistent and easy to incorporate into a budget. Furthermore, at the end of the lease, you can purchase the equipment for a one dollar buyout or return the equipment if it did not meet your needs. The ability to trade in an old machine for a newer model is an important benefit of a lease. This is why specialty restaurant equipment leasing is such an attractive option for many specialty restaurant owners.
Applying for a lease is fast and free. Your equipment dealer can point you in the right direction for a qualified lease dealer, or you can use LeaseQ for a free instant quote. The entire process takes less than two minutes and provides the lease experts at LeaseQ with the information they require to find the lease that is right for you. A credit check is required, but it is a type of soft credit pull that has no impact on your credit score.
Depending on the type of restaurant you operate, your kitchen likely produces some form of specialty product. These types of products are defining features of your restaurant. For example, an Italian restaurant might serve espresso as a dessert beverage. A quality espresso machine is an example of required specialty equipment for an Italian restaurant. Panini makers, pasta machines, margarita mixers and tortilla fryers are all examples of specialty equipment that can add a competitive advantage to your menu.
However, this specialty restaurant equipment is costly to purchase. But if lease and finance your specialty restaurant equipment, you'll be able to acquire the equipment your restaurant needs while conserving cash at the same time. Whether you make a cash purchase or lease your specialty restaurant equipment, as a restaurant owner, you will have to assess what specialty products offer you an advantage in your local market.
Specialty restaurant equipment financing is another option for acquiring this equipment through a cash purchase. With a financing plan, you take immediate ownership of the equipment however; associated maintenance and installation costs are your obligation. The attractive low monthly payment associated with a lease is still present. One benefit of this plan is that the value of the machine becomes an immediate asset for your business. However, should the machine not meet your needs, specialty restaurant equipment leasing and financing obviously offers more flexibility than a straight cash purchase plan.
You will have to decide for yourself whether financing or leasing is the right choice for your business and but it is the preferred method of getting the equipment needed for most restaurant owners. Specialty restaurant equipment financing options are flexible with your lease, and LeaseQ can help get you into the right equipment lease with the right financing that matches your business needs as well as your financial profile
To see if you qualify for specialty restaurant equipment leasing, simply click here for a free quote.