Are you a new Franchisee to the food service industry? Want a checklist for the upcoming Restaurant Finance & Development Conference (RFDC)? Over here at Direct Capital, we’ve created a list of the Top 10 Facts to Know about Restaurant Equipment.
- One of a restaurant’s biggest investments is commercial refrigeration.
They will typically range in price from $2,000-$30,000 depending on models. Individuals should expect costs to be continuous and ongoing after the purchase.
- You don’t need to stick to new equipment while getting started.
While being on a budget, purchasing equipment can be overwhelming at times. If you know where to look, there are bargains for well-maintained used equipment. Many establishments in the same industry curb costs by looking for refurbished items. Direct Capital can help you finance that used equipment, too!
- Tablecloth maintenance is a hassle, but it’s essential.
Taking care of tablecloths can be the key to winning conscientious diners. Dirty tablecloths can break a restaurant. Pay attention to this detail and be ready at all times with spare tablecloths.
- Most distributors can give free bar equipment.
Common types of equipment such as; coasters, napkins, plastic cups and stirrers are often given free by equipment distributors. You can expect to receive these by staying in good standing with your distributor.
- Boost restaurant sales through purchasing catering equipment.
Some restaurants offer catering so they can keep sales up during the slow months. Look into equipment that’s able to store, transfer and serve food.
- Increase efficiency and productivity with Mobile POS systems.
Having a mobile POS system allows the payment process to be streamlined. Loyalty programs, surveys, and customer data can be collected through POS software.
- Kitchenware in the home is different than restaurant dishes.
Designed to withstand rough handling and heat, restaurant dishes are the go-to dinnerware. After all, you wouldn’t use racing tires for the snow right? Restaurant dishes are heavier and denser in comparison to those you use at home.
- Preserve cash flow by leasing restaurant equipment.
You can distribute funds more evenly by Leasing restaurant appliances. For a fraction of the price, you can use the latest tech out there because Direct Capital can finance new equipment as well.
- It’s expensive to keep broken equipment.
In the long run, waiting for equipment to break before replacement can be costly. Items become less efficient and end up consuming more electricity. So be vigilant in maintaining and checking your equipment for efficiency, and stay on top of when you need replacements.
- Tables and chairs are a part of decoration.
You can elevate the ambiance of the dining room setting and buy matching counters, tables, and seats. This will make the customer more comfortable, stay longer and end up purchasing more. The customers will then tell their friends about their amazing experience, potentially creating new customers.
There you have it – the top 10 facts you need to know about restaurant equipment. Now that you have the facts, do some homework on your own to see how taking advantage of these tips will work for your restaurant business.
Have any questions about leasing restaurant equipment? Give us a call at (866)-777-0117. If you’re coming to RFDC be sure to swing by our booth!