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Secondhand equipment is the first choice of most food business owners when opening a new location. Buy and sell used restaurant equipment in good shape to other restaurants, hotels, clubs, bistros and more.
Use your time during COVID-19 pandemic wisely and start your home business with this business idea. Prepare Now for Post-Corona!
Download this powerful kit of documents contains all you need to do the first steps to build a solid business:
Your Download will start automatically after your payment. Please contact us if you need support with a business model, business plan or marketing plan. If we have capacity and the subject is within our expertise, we shall get back to you with an offer.
According to research starting a new restaurant is the most popular and common business venture around the world. Moreover, about 90% of such ventures fail within five years. These two facts are the strong pillars of this terrific business idea.
Simply, when a restaurant goes out of business and fails to progress, you can purchase all of their restaurant equipment such as grills, coffee machines, and fryers. Then, on the opening of new restaurants, you can sell this equipment with a great margin of profit.
The additional benefit is that you can start such business at your home and when a business expands you can move to a physical store. Moreover, there is great flexibility, you can offer general equipment or can specialize in a particular type of equipment.
Thus, you can earn a great deal of profit by dealing with restaurant equipment.
Most of your target customers will be current and new restaurant owners looking for such equipment. Of course, you will have to purchase used equipment and for this purpose, you will need to pursue former restaurant owners.
The startup cost will be medium ranging between $30,000-$50,000. This will depend on your startup choices i.e. whether you choose to start in your home or rent a physical store.
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