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Buying Commercial Catering Equipment At Auction

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The catering industry in general is one of the most popular industries for small business and start up ownership. With new coffee shops, sandwich shops, takeaways and restaurants popping up all over the UK on a daily basis. They can prove to be very profitable revenue streams from the humble market stall or coffee van can seed the beginnings of the next global coffee chain.

Dreaming big is all very well but the initial capital needed to fund start up costs can kill the dream before it has even begun. To fit a top grade working commercial kitchen can costs thousands of pounds on top of property costs, staff costs and all the associated sundries. And as with all businesses, it does not pay in the long run to cut corners. The temptation to save money could lead to buying cheaper and inferior equipment that will ultimately not stand the test of time. You are better off buying higher grade equipment from top manufacturers, not only will it yield better results, it will last longer, it's easier to service and spare parts are more readily available.

One of the best ways to source good quality branded equipment at a fraction of the cost of buying new at retail prices is to buy from reputable auction houses selling and specializing in new and used commercial catering equipment. A quick look on our website will reveal when the next catering equipment auction is one and all the details you need to know to start bidding.

Buying at auction can save huge amounts on start up costs and put better quality equipment into a more affordable price bracket. But, and it's a big but, you have to know what you're doing. Most auction houses operate on a sold as seen policy, if you are bidding on an item then the assumption is you have viewed it and are happy with the condition. Make use of the viewing times available to go look at any of the items you are interested in. Most auction houses will let you test items and can even give you a more comprehensive condition report upon request. Not viewing and bidding blind can lead to costly mistakes. Make sure you do your homework and check out all items before bidding. 

If a piece of equipment is missing parts then take the replacement costs into account when calculating your maximum bid, you might get lucky and the missing parts may deter other bidders and you can snap up a bargain.

Most auctioneers source their stock from large businesses, pub chains, restaurant chains etc and as a result the only thing wrong with it may be a bit of grease and they have decided to sell it off as the result of an upgrade or refurbishment. The items may have many years of loyal service left.

So when you are dreaming of becoming the owner of the next global franchise chain but are unsure of where to start and how to make it affordable then it may well be worth getting online and checking out your nearest catering equipment auction.