Offiicial Media Release
Summer has arrived and brings with it a lust for alfresco dining. For the hospitality industry a rise in mercury brings a rise in patronage – and increased demands on facilities.
According to Allan English – the expert behind leading Australian hospitality equipment finance company Silver Chef – if capital is precious, a great way to update your equipment to cope with increased patronage is to purchase second hand.
Mr English said too often people purchased new equipment only because they were unaware there was a competitive second hand alternative.
“Silver Chef alone has more than $1million worth of used equipment and most of it is under 18 months old and in top condition,’’ Mr English said.
“The great thing is, businesses wanting to purchase used equipment in preparation for seasonal peak periods can still secure it through Silver Chef and avoid outlaying huge amounts of capital upfront.
“Businesses can rent the equipment until they can afford to purchase it outright and at that time they can take 75 per cent of the cost already paid off the total purchase price.’’
“This is a welcome relief for hospitality businesses looking to grow or upgrade their existing equipment because we can support the majority of them in this process.”
He said the second hand division had a range of equipment for sale or rent, including conveyer ovens, display bars, refrigerators, fryers and cooktops – which would allow hospitality businesses to cater for seasonal peaks in patronage, without spending total profit on expensive interest payments.