Buy or lease restaurant equipment?
What are the pros and cons to buying or leasing restaurant equipment. I am planning to open a small restaurant for delivery and dine in. Help?
Depends on the equipment needed. Leasing equipment has certain advantages. You pay for equipment only for the time you use it. When your lease is up, you get a brand-spanking-new piece of equipment with all the latest gadgets by signing a new lease. And when a piece of equipment breaks, it's not your responsibility to fix it.
Things shouldn't change between the time you talk to your salesperson and the billing department sends you a bill, but sometimes they do. Spell out all the financial details in the agreement so you're not surprised when the bill arrives. Get it in writing and check your invoices.
Also, you don't have to buy equipment new, you can buy it used. The link noted below has examples of what types of equipment are better to lease and which ones you are likely to buy.
Some restaurant supply resources:
http://www.instawares.com/
http://www.zesco.com/
http://www.bakedeco.com/
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 5000W 12 Liter Electric Countertop Deep Fryer Dual Tank 6 Commercial Restaurant $154.90 Time Remaining: 5d 11h 35m Buy It Now for only: $154.90 Buy It Now |
 New MTN Commercial Stainless Steel Countertop Food Pizza Display Warmer 20x17x14 $127.50 (13 Bids) Time Remaining: 1h 55m |
 Meat Slicer 12 Blade Commercial Deli Meat Cheese Food Slicer Industrial Quality $374.95 Time Remaining: 23d 10h 37m Buy It Now for only: $374.95 Buy It Now |
 Bunn Dual Satellite Coffee Brewer with 2 15GPR Servers $300.00 (1 Bid) Time Remaining: 1h 46m |
 NEW ADCRAFT 120V SS FULL PAN SIZE FOOD WARMER FW1200W Counter Top Steam Table $107.99 Time Remaining: 20d 1h 26m Buy It Now for only: $107.99 Buy It Now |
 Retro Diner Booth with Table Metalic $250.00 Time Remaining: 1h 54m Buy It Now for only: $500.00 Buy It Now |
 Commercial 10 Blade Electric Meat Slicer 240w 530RPM Deli Food Cheese Veggies $299.90 Time Remaining: 6d 11h 6m Buy It Now for only: $299.90 Buy It Now |
 10 Blade Electric Meat Slicer 240w 530RPM Deli Food w Dual Baffle Plate Kitchen $289.90 Time Remaining: 11h 40m Buy It Now for only: $289.90 Buy It Now |
 Smokarama instant burger model A950 $510.00 (2 Bids) Time Remaining: 33m |
 New Crown Safewalk Light Anti Fatigue Mat 3 X 5 Black $32.00 Time Remaining: 2h 48m Buy It Now for only: $32.00 Buy It Now |
 New 2012 MTN Commercial Restaurant Heavy Duty 11 Large Can Opener $34.01 (8 Bids) Time Remaining: 35m |
 US Seller Animated Led Neon Light Lighted Open Sign on off Switch Chain 19x10 $20.97 Time Remaining: 25d 8h 21m Buy It Now for only: $20.97 Buy It Now |
 NEW CAMBRO CAMCARRIER FOOD PAN CARRIER NSF 300MPC BLACK $199.00 Time Remaining: 29d 1h 21m Buy It Now for only: $199.00 Buy It Now |
 TACO SALAD DEEP FRYNG BASKETS STAINLESS $9.99 Time Remaining: 53m |
 001 Animated LED Light Open Sign 19X10x1 $17.85 Time Remaining: 28d 10h 49m Buy It Now for only: $17.85 Buy It Now |
 Neon Catering Sign $90.00 Time Remaining: 46m |
 60lb Digital Electronic Scale Price Computing Deli Food Produce Counting Store $34.95 Time Remaining: 18d 3h 57m Buy It Now for only: $34.95 Buy It Now |
 Beverage Air WTR48A $100.00 (1 Bid) Time Remaining: 2h 30m Buy It Now for only: $800.00 Buy It Now |
 FunTime 25oz RockN Popper Popcorn Machine Maker Retro Style FT2518 $57.99 Time Remaining: 3d 6h 6m Buy It Now for only: $57.99 Buy It Now |
 CUISINAIRRECOMMERCIAL 5000W DUAL 6 LITER DEEP FRYER $139.80 Time Remaining: 21d 5h 55m Buy It Now for only: $139.80 Buy It Now |
 Pro 75 150W Electric Deli Cheese Meat Food Slicer Cutter Stainless Steel Blade $69.95 Time Remaining: 1h 1m Buy It Now for only: $76.95 Buy It Now |
 1000 ct Brew Rite Bunn Commercial Coffee Filter 12 cup $16.97 Time Remaining: 6d 13h 35m Buy It Now for only: $16.97 Buy It Now |
 KeggerMeister KM2800BK Kegerator Beer Keg Fridge Brew Dispenser Kegorator $419.00 Time Remaining: 57m Buy It Now for only: $460.99 Buy It Now |
 5 Fitted Polyester Table Cover Tablecloth BLACK $13.95 Time Remaining: 27d 8h 22m Buy It Now for only: $13.95 Buy It Now |
 1pcWaist Aprons 3 Pocket Black Waiter Waitress Server Apron 298 Each $2.98 Time Remaining: 17d 20h 37m Buy It Now for only: $2.98 Buy It Now |
 Retro Diner Booth with Table Non Metalic Finish $250.00 Time Remaining: 1h 57m Buy It Now for only: $500.00 Buy It Now |
 New NSF Stainless Steel Work Prep Table 24 x 48 $125.00 Time Remaining: 29d 2h 4m Buy It Now for only: $125.00 Buy It Now |
 Cornelius Keg $80.00 (18 Bids) Time Remaining: 1h 27m |
 New 10 Blade Commercial Electric Slicer Deli Food 240w 530RPM Cheese Meat Home $299.90 Time Remaining: 28d 9h 43m Buy It Now for only: $299.90 Buy It Now |
 6pcWaist Aprons 3 Pocket Black Waiter Waitress Server Apron 2 3 Day Shipping $12.35 Time Remaining: 3d 9h 32m Buy It Now for only: $12.35 Buy It Now |
 Handheld Pancake Dispenser $25.00 Time Remaining: 1h 11m |
 Rada Cutlery Kitchen Knives Cooks Utility R 140 $5.29 Time Remaining: 6d 10h 44m Buy It Now for only: $5.29 Buy It Now |
 RED BULL FRIDGE COOLER REDBULL $172.75 (5 Bids) Time Remaining: 2h 1m |
 Guest Check Holder Presenter Credit Card Holder with 3 Slots Lot of 20pcs $23.95 Time Remaining: 1h 17m Buy It Now for only: $23.95 Buy It Now |
 free standing large cooler walk in style $300.00 Time Remaining: 1d 21h 38m |
 SIDEWALK A FRAME SANDWICH SIGNICADE SIGN BOARD $59.95 Time Remaining: 6d 39m Buy It Now for only: $59.95 Buy It Now |
 Can Opener 11 Large Commercial Heavy Duty Can Opener Home Business New $39.95 Time Remaining: 27d 7h 7m Buy It Now for only: $39.95 Buy It Now |
 3 Gas Deep FRYER DEAN AND 2 FRYMASTER AS IS IT HAS BEEN DISCONNECTED FOR YEAR $300.00 Time Remaining: 1h 4m Buy It Now for only: $450.00 Buy It Now |
 Double Deep Fryer Electric 5000 Watt Commercial Restaurant Frying Deep Fryer $139.95 Time Remaining: 10d 2h 3m Buy It Now for only: $139.95 Buy It Now |
 20QT COMMERCIAL MIXER by VARIMIXER TIMER plus ACCESORIES EXCELLENT CONDITION $504.99 (16 Bids) Time Remaining: 6h 4m |
 Brew Rite 48 101 12 Cup Coffee filters Bunn 20115 425 base 275 hi 1000count $16.99 Time Remaining: 3d 9h 42m Buy It Now for only: $16.99 Buy It Now |
 New NSF Stainless Steel Work Prep Table 24 x 24 $78.50 Time Remaining: 24d 4h 40m Buy It Now for only: $78.50 Buy It Now |
 New MTN Commercial Stainless Steel Hand Manual Meat Sausage Mixer 32LBS Tank $6.50 (4 Bids) Time Remaining: 7h 56m |
 Animated LED Neon Light Open Sign Running Blue LED 730 $17.99 Time Remaining: 1d 15h 57m Buy It Now for only: $17.99 Buy It Now |
 Redco Lincoln blooming onion Model 550 N $152.50 (7 Bids) Time Remaining: 3h 44m |
 2500W 6 Liter Electric Countertop Deep Fryer Tank Basket Commercial Restaurant $89.90 Time Remaining: 5d 11h 37m Buy It Now for only: $89.90 Buy It Now |
 Double Side Sidewalk A Frame PVC Sandwich Sign Board $49.00 Time Remaining: 27d 8h 4m Buy It Now for only: $49.00 Buy It Now |
 New Commercial Stainless Steel Edlund Electric Knife Sharpener 390 $75.00 (1 Bid) Time Remaining: 10h 57m |
 COMPUTING DIGITAL FOOD PRODUCE PRICE MEAT WEIGH SCALE $53.50 Time Remaining: 17d 4h 11m Buy It Now for only: $53.50 Buy It Now |
 Bunn Model G3 Three Pound 3lb Bulk Coffee Grinder $300.00 (1 Bid) Time Remaining: 3h 5m |
 17 ROCKER PIZZA KNIFE CUTTER NEW VEGETABLE CHOPPER $14.99 Time Remaining: 8d 7h 49m Buy It Now for only: $14.99 Buy It Now |
 Hobart H600 T 60 QT Mixer 200VAC 3PH $1,625.00 (8 Bids) Time Remaining: 4h 10m |
 500 Premium Quality 27mm Super Bounce Bouncy Balls 1 $39.99 Time Remaining: 18d 6h 33m Buy It Now for only: $39.99 Buy It Now |
 60 LB DIGITAL Food Meat PRODUCE PRICE WEIGHT COMPUTING DIGITAL SCALE 66 LB $49.99 Time Remaining: 24d 10h 50m Buy It Now for only: $49.99 Buy It Now |
 HAMILTON BEACH TRIPLE 1950s MILKSHAKE MIXER $167.50 (15 Bids) Time Remaining: 2h 53m |
 Poly Knit 14 Table Skirts White Black 16 Other Colors $15.95 Time Remaining: 29d 8h 7m Buy It Now for only: $15.95 Buy It Now |
 BOARS HEAD Industrial Commercial Double Well Food Soup Warmer GREAT CONDITION $150.01 (5 Bids) Time Remaining: 12h 33m |
 50 Super Velcro Table Skirt Skirting Clips 1 2 1 2 $22.95 Time Remaining: 20d 10h 43m Buy It Now for only: $22.95 Buy It Now |
 New Commercial 8 Center Splashmount Faucet 12 Spout $39.95 Time Remaining: 1d 9h 11m Buy It Now for only: $39.95 Buy It Now |
 Lot of 27 18 X 12 Ice Packs Commercial Mixer Bowl $119.95 (1 Bid) Time Remaining: 4h 36m |
 Cappuccino Mix SUPERIOR FRENCH VANILLA 6 2 LB BAGS $41.00 Time Remaining: 17d 6h 40m Buy It Now for only: $41.00 Buy It Now |
 Bunn Dual Coffee Brewer with Bunn G9 Dual Coffee Grinder Bunn Coffee machine $499.00 Time Remaining: 4h 36m |
 US Seller Vertical Animated Led Neon light OPEN Sign on off Switch Chain 19x10 $24.97 Time Remaining: 5d 5h 53m Buy It Now for only: $24.97 Buy It Now |
 48 TERRY or RIBBED RESTAURANT BAR MOP MOPS TOWELS 24oz $29.25 Time Remaining: 17d 7h 25m Buy It Now for only: $29.25 Buy It Now |
 Robot Coupe CL30 $500.00 (1 Bid) Time Remaining: 33m |
 6 Fitted Polyester Tablecloth Table Cover BLACK NEW $15.95 Time Remaining: 28d 4h 24m Buy It Now for only: $15.95 Buy It Now |
 Glass Door Refrigerator 28 x 29 x 78 Model MT2I $119.95 (1 Bid) Time Remaining: 1d 5h 45m |
 New Churro Fritterstix Maker Stainless Steel 5 LB Machine 2 Nozzles Uniworld $168.99 Time Remaining: 21d 12h 40m Buy It Now for only: $168.99 Buy It Now |
 New MTN 2500W Commercial Restaurant Countertop Electric Deep Fryer 5L Tank $25.00 (8 Bids) Time Remaining: 1d 2h 55m |
 400 Pce Silver Visons Plastic Silverware SERVES 100 People $44.49 Time Remaining: 24d 5h 2m Buy It Now for only: $44.49 Buy It Now |
 Bananarama Runts Banana Heads Candy for Bulk Vending TWO POUND $13.79 Time Remaining: 9d 9h 9m Buy It Now for only: $13.79 Buy It Now |
 Scotsman AFE400A 1C Flaker Ice Maker Machine Flake $399.99 Time Remaining: 9h 33m |
 Snow Sno Cone concentrate mix syrup flavor ice 5 liquid fluid bulk New $13.75 Time Remaining: 27d 4h 57m Buy It Now for only: $13.75 Buy It Now |
 Garland 2 Burner Gas Stove MDL MS4SE $131.50 (3 Bids) Time Remaining: 4h 1m |
 100 Super Velcro Table SkirtSkirting Clips 1 2 1 2 $38.99 Time Remaining: 20d 6h 51m Buy It Now for only: $38.99 Buy It Now |
 12 Super Velcro Table Skirt Skirting Clips 1 2 1 2 $7.59 Time Remaining: 24d 10h 58m Buy It Now for only: $7.59 Buy It Now |
 215lb UNDERCOUNTER Manitowoc Ice MACHINE MAKER FREE SHIPPING $1,125.00 (10 Bids) Time Remaining: 6h 18m |
 New Commercial Stainless Steel Wall Shelf 14 x 72 NSF $77.50 Time Remaining: 29d 2h 56m Buy It Now for only: $77.50 Buy It Now |
 Three 3 Compartment Commercial Sink Right Left Side Drainboards $325.00 (10 Bids) Time Remaining: 6h 20m |
 5 SNOW CONE HAWAII Shaved ICE FLAVOR SYRUP MIX Flavor PINT $8.49 Time Remaining: 11d 4h 10m Buy It Now for only: $8.49 Buy It Now |
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 Hot Cabinet Warmer 24 Towel Cabi Salon Facial Equipment Sale Price: $136.00 Eligible for free shipping!Availability: Usually ships in 1-2 business days See Reviews For This Product DescriptionThis hot towel cabinet warmer keep your towels moist and warm. It heats towels to around 176 degree for refreshing, hygienic treatments. Holds approximately 72 (12"x12") face cloths or 24 facial towels. |
 True TUC-72 73" Undercounter Refrigerator See Reviews For This Product DescriptionWith 3 large cabinets, the 73" Undercounter Refrigerator (TUC-72) is a versatile unit to maximize space in the kitchen and ensure that you have everything you need on hand at any given time. High quality metals and internal components work together to give you lower operating costs and a machine that performs better at colder, more consistent temperatures... |
 Lakeside Stainless Steel Utility Cart 27-1/2 X 16-1/4 X 32-1/8 300 Lb Cap See Reviews For This Product DescriptionThis Lakeside Stainless Steel Utility Cart is ideal for dining area bussing, set-up tray stations, soiled dish stations and transporting light loads. This stainless steel cart features a durable, unitized electronically welded angle leg design for added strength... |
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