How to Sell Restaurant Equipment
Menu changes and equipment upgrades can make older -- but still valuable -- restaurant equipment redundant, giving you the chance to sell it and streamline your business at the same time. Properly serviced and cleaned equipment retains much of its value over years of restaurant use, and choices made during the equipment-selling process can make a big difference in the compensation you receive. Solicit restaurant-equipment buyers carefully to get the best possible return on your original investment.
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Things You'll Need
- General purpose degreaser
- Stainless steel cleaner
- Kitchen towels
- Camera
Instructions
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1
Clean the restaurant equipment thoroughly inside and out. Pieces that appear to be in good condition will attract more potential buyers.
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2
Take pictures of the restaurant equipment from three or more angles. Take closeup photos of any damaged areas.
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3
Research the value of the piece of restaurant equipment you intend to sell. Search used restaurant equipment retailers as well as online classified listings and auctions. Decide on an asking price and how flexible you are able to be about it.
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List the restaurant equipment with full descriptions, photos and the asking price in a newspaper or online classified ad or with an auction site. Detail the fact that all removal, transport and installation costs are the sole responsibility of the buyer. Leave a contact email and a phone number where you can be reached.
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5
Answer phone call and email questions from potential buyers. Set up in-person meetings with interested parties so they can come test the equipment on site. Negotiate a final price that stays above the minimum value you had decided upon.
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Tips & Warnings
Add information about instructional books, warranties and accessories in the sales listing. These items all help to increase the value of the restaurant equipment.
Avoid making guarantees verbally or in writing to buyers. Restaurant equipment is easily damaged during transport and may work differently at a new location.
