Leasing Restaurant Equipment Vs Buying Direct
Most leases cover repairs and servicing. If the walk-in fridge dies on a Friday night, the leasing company usually handles the fix.
Leasing is great for keeping your initial overhead low and staying flexible.
What are you looking at (refrigeration, ovens, etc.)? What is your estimated budget for the initial setup? How long is your current lease on the space? leasing restaurant equipment vs buying
Choosing between leasing and buying restaurant equipment is one of the biggest financial forks in the road for a new owner.
When it breaks, you’re the one calling the technician and paying the bill. The "Hybrid" Strategy Many successful restaurateurs do both: Most leases cover repairs and servicing
No contracts or monthly "rent." You can modify it, move it, or sell it whenever you want. The Cons:
If you have the capital and plan to be in business for a decade, buying is often the winner. What are you looking at (refrigeration, ovens, etc
Under Section 179, you can often deduct the full purchase price of the equipment in the year you buy it.
