You’ve finally got the budget you need to make the kitchen restaurant equipment upgrades you’ve been waiting of for years. Congrats!
Here’s everything you need to know when trying to figure out where to sell your lightly used restaurant equipment like cooler, freezer, fryer, dough mixer, slicer, sink, bar equipment, sandwich prep table, stainless steel work table, griddle, convection oven, ice machine, pizza oven, range, chargrill, steam table, bar sink, beer cooler, glass merchandiser.
Start looking at three important steps of services that may be able to help you in selling your restaurant equipment.
Step 1
Sell your Equipment to a Restaurant Equipment Dealer
First, you need to contact the dealer and give a brief description of the product, model, serial and if this equipment in working condition. This alternative will typically give you a quick access to cash, as a busy restaurant equipment dealer is often looking for equipment to sell in the dealer’s warehouse. This option does not often result in top dollar, as the dealer needs to buy the equipment low bottom dollar to resell at a profit.
Step 2
Seller Sell to a Similar Business
This alternative generally will give you access to some of the highest prices. You will need to research to identify businesses like your equipment as you. Once identified, you’ll need to reach out to those businesses and negotiate a sale to them. Often, this can be difficult as businesses typically don’t need large amounts of equipment. Also, this method sometimes results in selling the best pieces of equipment and leaving you with the least desirable pieces of equipment left to sell. Also, this process can sometimes be tedious and time-consuming.
Step 3
Sell your equipment with AuctionUbid Live or Online Auction
This alternative will generate one of the highest returns with minimal work on your part. By selecting this best method, will require a typically two to three weeks’ time before anything sells, and some expenses like commissions, marketing, setup, cataloging and removal. If it’s done properly, an auction will generate fair market value on all your used restaurant equipment meaning you get a cash for your equipment & assets fast.