Nashville: (615) 255-2002
Memphis: (901) 379-0900
Chattanooga: (423) 629-0906
Johnson City: (423) 979-0069
Knoxville: (865) 692-4840
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Commercial kitchen equipment purchases can be a significant investment that impacts your business's bottom line. But it's not just about the upfront cost; repairs, maintenance, and replacements can add up quickly. Without a solid budget plan in place, you may find yourself struggling to keep up with unexpected expenses, jeopardizing the success of your business.
ATECH has partnered with thousands of restaurants over the years to take care of their equipment needs. Here are a few helpful insights we’ve learned to help budget for kitchen equipment repairs and replacement:
1.
Set up a planned maintenance schedule for your commercial kitchen equipment.
Develop a schedule for regular maintenance and inspections of kitchen equipment. This can help identify issues before they become major problems, reducing repair costs and keeping your commercial kitchen equipment in good working order.
2. Budget monthly funds specifically for equipment repair and replacement.
Profit margins can be tight in the restaurant industry, especially as inflation and other challenges impact food costs. The last thing you want is to be unable to repair or replace an essential piece of kitchen equipment. The best way to avoid a potential mishap is to ensure there is always money available for unexpected expenses. According to
the National Restaurant Association, maintenance costs can be approximately 1.5% of sales on average. Other general maintenance figures suggest it may be between 2-6% of your business's overall budget. Putting aside this money and marking it for equipment repair can mean that you’re prepared for annual repairs and want to ensure you have the financial resources readily available to address any unexpected breakdowns or maintenance needs.
3. Consider leasing or purchasing used equipment.
If you’re looking for a more cost-effective solution for replacing equipment, there are a few alternative options to consider. Instead of purchasing expensive equipment outright, consider leasing it. This can help spread the cost out over time and may include maintenance and repair services. You can also
buy used commercial kitchen equipment to save on total costs.
We keep a variety of
used commercial kitchen equipment and parts for customers to purchase whenever they might need them.
4. Make sure you research and understand warranties and service plans.
Most manufacturers offer some type of warranty on new equipment, but the length and coverage of the warranty supplied as standard will vary according to the equipment and the manufacturer, generally ranging from 1 to 5 years. That’s why it’s important to research the warranties and service plans available when purchasing equipment. These can provide additional protection and help you save money on repairs and replacements.
As an
Authorized Service Agent for dozens of manufacturers, our team is happy to answer any questions you might have about specific companies or policies before your purchase. Once your equipment is out of warranty, we offer
a 90-day warranty on all parts and labor for any repairs we make.
5. Assess your equipment and identify when you might need to replace it.
Every piece of equipment has a shelf life. It’s helpful to know
the average life expectancy of your kitchen equipment and budget accordingly. Make a list of essential equipment and prioritize their repair or replacement needs. Be sure to include any warranty details and when you might expect to replace each piece. This can help focus the budget on the most important items first.
6.
Train your staff to identify small issues before they become big problems.
It’s rare for a piece of kitchen equipment to suddenly stop working. Most equipment breaks down over time. Because of this fact, it’s helpful to ensure that your staff is trained on proper equipment use and maintenance. This can help prevent damage and wear to equipment, reducing the need for repairs and replacements.
7.
Ask these four questions before you buy a piece of kitchen equipment.
Once you’ve determined it’s time to purchase a piece of commercial kitchen equipment, how can you ensure you make the best choice? While it may be tempting to opt for cheaper equipment, investing in high-quality and/or Energy Star equipment can actually save money in the long run. Our team recently highlighted a few questions that can help you make the best purchase decision.
By taking the time to plan and budget for equipment purchases, you can ensure that you have the right tools to keep your kitchen running smoothly and your customers satisfied while also protecting your financial stability.
If you have any questions, you can always
talk with an ATECH repair technician before buying commercial kitchen equipment for advice on what brands would best suit your needs. With our help, you can count on your equipment to perform well every day, just like you do.
Locations also available in Memphis, Knoxville, Chattanooga, and Johnson City
Nashville: (615) 255-2002
Memphis: (901) 379-0900
Chattanooga: (423) 629-0906
Johnson City: (423) 979-0069
Knoxville: (865) 692-4840
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