How to Sell Your Used Restaurant Equipment
Last updated on July 5th, 2024 at 01:32 pm
Burkett Restaurant Equipment was founded on buying and selling used restaurant equipment. While we may have grown to become so much more in the past 47 years, we’re still an industry leader when it comes to refurbishing old equipment. If you’re looking to sell some of your used restaurant equipment, there’s no better source to learn about the process than Burkett.
Setting Expectations
Selling used restaurant equipment is akin to selling a used car. Key factors affecting the resale value include the appearance, maintenance history, and cleanliness of the unit. Evaluating your items with these factors in mind helps set realistic expectations.
For instance, a used True TUC-48F-HC undercounter freezer won’t fetch the same price it did three years ago. Generally, most used restaurant equipment sells for 10-30% of its original price.
“When customers call us to sell their used equipment, I have to remind them that nothing is cut in stone. A product that is 3 years old and gone through the ringer a couple of times will get less than a similar product that is 10 years old, but well-maintained, clean, and in proper working condition. So be realistic with your expectations.”
-Mike Burkett, Founder of Burkett Restaurant Equipment & Supplies
Prepping Your Equipment for Sale
When we buy equipment, we only buy items that can be reconditioned back to the manufacturer’s intended use. Consider these three questions when preparing your equipment for sale:
1. Is It Clean?
Assess the condition of each item accurately. Clean and well-maintained equipment typically fetches higher prices. Think about giving some attention to the piece of equipment before trying to sell. If you’re not sure how to clean a specific item, check out our helpful guides!
2. Is It in Normal Working Condition?
Equipment that functions but has minor issues, like a refrigerator that rattles, will be valued lower. Keeping maintenance records can show that the equipment has been well taken care of.
3. Can You Find the Model and Serial Numbers?
When emailing product pictures, include the model and serial numbers. This information helps us determine the year the unit was made and its specifications, allowing for a more accurate valuation.
Our Background in Used Restaurant Equipment
With nearly five decades of experience, we’re experts in refurbishing used restaurant equipment. We understand what buyers are looking for and the effort required to restore equipment to its intended use. Our dedicated service department ensures each piece undergoes rigorous cleaning, repair, and quality assurance.
Selling Your Used Equipment to Burkett
It’s simple: submit a short form and we’ll give you a free used restaurant equipment valuation. We have two criteria when determining if we will purchase your equipment:
- You are within 60 miles of our Toledo, OH showroom
- You are a liquidator, auctioneer, or multi-unit chain
Typically, we purchase used equipment located within a 60-mile radius of our Perrysburg, Ohio warehouse. However, we are also open to buying large lots from liquidators, auctioneers, and multi-unit chains. After reviewing the information you provide, a representative from Burkett will contact you with an evaluation of your inventory and any additional questions.
If you have any questions about the process, please send a message to used@burkett.com and a Burkett team member will get in contact with you!
FAQs
What type of equipment do you buy?
We purchase a wide range of restaurant equipment as long as it can be reconditioned: anything from refrigeration, ice machines, and warewashing to food prep, cooking equipment, and furniture! Check out our current offering online for a more comprehensive look.
How long does the evaluation process take?
We’ll get you a response within 1-3 days after receiving your information.
Ready to sell your used restaurant equipment? Submit your info today and let Burkett provide you with a fair evaluation!
