Is used or second-hand equipment right for your business?
There is a general perception that used equipment is the way to go when you're looking to save some money, but it's not uncommon for people to think 'is it better just spending more upfront for new equipment, so I know the equipment will last longer and I'll be better off long-term?'
Amanda Dysart, a sales team leader at Silver Chef's Brisbane Used Equipment facility, talks to customers every day who have very similar thoughts.
She explains a few situations where used equipment is beneficial for your business.
1. You're starting off so you need the flexibility and limited upfront cost
Buying equipment is one of the most expensive line items when it comes to opening up your new business. A lot of customers aren't sure and they don't want to spend heaps of money upfront. This is where our used equipment is beneficial, as it allows you to have the flexibility to return the equipment if you no longer need it, upgrade it to something better, or swap it for something entirely different." A Silver Chef customer who has seen success with Silver Chef's Certified Used equipment is Luciano Loffredo from Porcini Restaurant and Bar in Brisbane's Fortitude Valley.
"Used was a cheaper way of trying to get the business started and it works the same as something new, so there's really no downside," Luciano said.
His restaurant is almost entirely comprised of used pieces, from the fryer and grill, to the pizza oven and fridge. He said the used equipment means you get to see what works best for you, offering flexibility and more funds for other things.
2. Your business is growing, you need to expand but you don't have the upfront money
"Used equipment is a great option for businesses that need more equipment to keep up with the demand, but your cash flow is limited. You can save yourself the upfront costs with Silver Chef's Certified Used Equipment."
3. You want particular brands of equipment without blowing your budget
"It's not uncommon to speak to customers who want the good brands, but not the price tag. Used equipment is beneficial to customers in this position. For example, they can have the brand of coffee machine they want for $8,500 through Silver Chef instead of paying the retail price of $12,000," she said. If you're starting to relate to any of the situations explained, it might help to know more about Silver Chef's Certified Used Equipment.
What is Silver Chef Certified Used Equipment?
At Silver Chef we fund used equipment, but there's something different about it…we have Certified Used Equipment. To get the certified tick of approval, our used equipment goes through a six stage refurbishment process. Shona explains there are times the equipment won't be suitable to go back out to the market. "If the equipment doesn't pass the six stage refurbishment process, we won't fund it," Shona said.
The benefits of Silver Chef's Certified Used Equipment
We've explained how these benefits relate to the situations earlier, but let's recap:
3 Months Parts and Labour Warranty to give you peace of mind
All used equipment undergoes a rigorous six stage refurbishment process and you get equipment that still holds its value
You can get the good brands without the expensive price tag
You have flexibility to return the equipment if it's not suitable for your business, or upgrade it to something better
No large upfront costs to help you maintain a better cash flow
Let Silver Chef save you thousands of dollars in upfront costs