Anyone setting up a new business that involves serving food to the general public will be looking forward to taking delivery of those shiny new appliances. By the time they have been installed in your premises you will have made a big decision; to rent them or buy them. There are pros and cons for each, and well as some serious misinformation out there. If your fridge went off, for example. What would you do? Search for commercial refrigeration repair in your area, it really is that simple.
Whether you are going to be running a restaurant, a coffee shop or a juice bar you will need commercial appliances. They are more robust and powerful and built to last longer than any you would find in your household kitchen. This strength and longevity comes at a price however, and to fully fit a commercial kitchen doesn’t come cheap. Be sensible and don’t start off with the things you want but the things you cannot do without. Here are a couple of reasons why buying commercial appliances is a better long term option than renting.
Renting commercial appliances gives you little control over the quality or age of the pieces of equipment you hire. You will have to do your research and ask how old each piece is, if it’s had many repairs and whether it comes with a warranty. If the rented appliances break down are replacements included in your agreement or just repairs? This is a biggie as an old machine that keeps getting patched up will not be working at its optimum performance.
If you buy your equipment you can choose exactly what you want to best suit the needs of your business. You get to decide whether you want the latest designs or to go for a more retro look. If you need a wine cooler you can choose between one that holds 12 bottles up to one that will hold 60. You also know that it will be delivered and installed in a brand new condition and will have a blank slate in terms of service history. It will also be fit for purpose and be fully covered by a warranty.
Buying Costs More Upfront but Less in the Long Term
You will need to make a substantial upfront investment to buy your commercial appliances but with that comes the luxury of long term warranties to protect you from the expense of repairs or replacement. Once installed they are yours forever, and you will then only be paying the cost of running them.
Renting the appliances may seem a better option if you are a bit cash strapped but in the long term they work out very expensive. You will never own them and as rental rates are pretty high you may struggle to save as well to buy your own. Another thing to consider is that should your business fail you will have to send them back and, depending on the agreement, could be charged for returning them before the end of the rental period. If you buy your equipment and the business folds you can always sell them on.