Where Can I Sell Used Restaurant Equipment?
Selling used restaurant and food service equipment can be easy or frustrating. It all depends on what pieces of commercial kitchen equipment you are trying to sell.
If you are asking, "How can I sell my restaurant equipment?" or "Where can I sell used restaurant equipment?" this guide will help you. You will find useful tips on how to sell your commercial kitchen equipment.
In this article, we want to give you some tips to help you sell your item/s while achieving the maximum dollar value. Fortunately, there are many resources to help you learn where to sell kitchen equipment. We hope this article is one of them!
Selling Single High Demand Equipment
Let’s start small. Imagine you have a Kitchen Aid countertop mixer occupying space. Maybe you found a new one for your commercial kitchen. Countertop mixers are usually always at a decent demand so you shouldn’t have trouble finding a buyer.
- List on Platforms
- For a kitchen item like that, you can use sites like Facebook Marketplace, Craigslist, eBay, and LetGo. In pricing your product, you want it to be fair while also achieving the best dollar value.
How to Price Single Pieces of Equipment
A good way to find how to price your item would be to look at what others have sold for in the past or what they are currently selling for now. One way to do that is actually right here on our site.
Look at the top menu bar. You will see a search icon. If you type in a keyword like “Kitchen Aid,” it will show you current and past items.
You can also see the current bid or ending selling price. This can give you an idea of what your product is worth in the competitive market.
Selling Multiple Pieces or a Large Number of Pieces of Used Restaurant Equipment
If you have something larger or a large number of items the above options are still good if you have the time. Otherwise, you could start looking at various services that may be able to aid you in selling your equipment.
- Sell Directly to a Restaurant Equipment Dealer
- This option usually gives you quick access to cash. A busy restaurant equipment dealer often needs items to sell. They frequently sell used restaurant equipment and must restock their inventory.
- They do this by buying and selling equipment all the time. This route rarely leads to competitive prices. The dealer must buy the equipment at a low cost to make a profit.
- Sell Directly to a Similar Business
- This option generally will give you access to some of the highest prices. You need to take time to find businesses that buy used restaurant equipment. Look for those that use similar equipment as you. Once identified, you’ll need to reach out to those businesses and negotiate a sale to them.
- Often times, this can be difficult as businesses typically don’t need large amounts of equipment. This method can lead to selling the best equipment. You may end up with the least desirable pieces left to sell. Also, this process can sometimes be tedious and time-consuming.
- Sell at Auction
- Restaurant equipment auctions will generate one of the highest returns with minimal work on your part. This method does take extra time, usually 10 to 14 days before anything sells.
- It also involves some costs. Common expenses include commissions, marketing, setup, and removal fees, depending on your situation. When done right, an auction can obtain the fair market value of your items in one event. It also gives you complete closure on what you are selling.
Get Started with Grafe Auction Now
Not ready? Learn more about selling with Grafe Auction.
PO Box 338Stewartville, MN 55976 Toll Free Voice/Fax: (800) 328-5920