Should You Buy Closeout Restaurant Supplies?April 12, 2019
As a restaurant owner, you, of course, want to save money in any way possible.
Restaurant margins are known for being razor-thin, so every dollar counts.
Because of this, you might be tempted when you see a closeout deal for restaurant supplies. After all, you can get a number of goods for rock-bottom prices – why not! It’s especially tempting when you’re just setting up your restaurant location when you’re trying to get as much as you can for your money.
Sometimes a closeout is a great idea, and other times it should be avoided. Here are the pros and cons.
Benefits to a Closeout Deal
Obviously, the biggest benefit to any deal is saving money, but make sure that you really are going to save. That is, make sure that the restaurant supplies are the right quality. If you spend even a little for terrible equipment, it’s money wasted. Even disposable items need to stand up to the single use they’re designed for.
Another time a closeout sale can be a great idea is when the items are easy to find and indistinguishable from your current inventory. Do you currently use single-use clear plastic 10” plates, and you just saw a huge sale on them? Dive in!
When you can find closeout deals on restaurant supplies you already use, or items that can seamlessly join your current inventory, it’s a great time to buy. If you’re outfitting a new restaurant, be sure to choose items you can easily resupply when you run out.
Drawbacks to Closeouts
The biggest drawback to a closeout deal is the word “close.” That is, you won’t be able to access these supplies in the future.
When it comes to basics, like napkins or takeout boxes, maybe that doesn’t matter very much. But when it comes to more durable goods like dishware or glassware, it can be a big problem. Yes, maybe you can get 100 plates for a great price. But what about when they break? Will you ever find that pattern again?
If you can’t find the same or similar restaurant supplies in the future, you should stay away from closeout deals no matter how good they are. It’s not with the headache and hassle of having to replace your entire dishware set – or deal with mismatched items – in the future.
You also want to watch out for a closeout deal on cooking equipment. Sometimes these are good, but other times the equipment is in disrepair or is of poor quality. If the store is going out of business, who will service the machine? Or, if the manufacturer is discontinuing the model, where will you get support and parts?
There’s a big difference between buying high-quality used equipment and settling for an end-of-the-line machine. Don’t make a costly mistake trying to save money!
Choose a Great Source for Restaurant Supplies
When you need restaurant supplies, it’s great when you have a reliable source you can ask about specials and deals that might be available. At Tipton Equipment, we can help you source the equipment you need at excellent prices.
Whether you’re looking for smallwares or cooking equipment, we can help. Contact us today!
If your current restaurant is booming, it might be time to consider a second location. Congratulations on your current success – you’ve already beaten the odds! Opening a second location can be easier than your first one – you’ve already worked out a lot of the kinks....read more
Is there one product that can single-handedly make or break the success of your convenience store? A lot of store owners would say no. When they look at their store, they see products coming from hot dish foodservice equipment, shelves, and a variety of categories...read more
Does your Little Rock restaurant use gas or electric restaurant equipment? In all likelihood you made this decision a long time ago, but it’s one that can always be reconsidered. There are benefits to both. If you’re opening a new restaurant location, it’s vital to...read more
One of the biggest challenges of running a restaurant is keeping up with all the technology and restaurant equipment that is available. You might have thought when you opened your location that you could run things basically the same way for decades. While they may...read more
Have you been dreaming about bringing your food expertise to the forefront of you life? Many people have thought about opening their own restaurant. Folks don’t follow through for a variety of reasons – money, fear, or simple inertia. You can be different, though. You...read more
What’s the newest trend in restaurant décor? Evidently, people are loving “Millennial pink,” and they’re using it for everything. If you’re trying to keep up with what’s hot, you better get some new restaurant supplies right away! And remember, this isn’t just any...read more
When it comes to kitchen equipment, knowing how to use it correctly is vital. Not only does it keep your employees safe, it ensures that the food comes out well and that your equipment last a long time in good condition. Using a deep fryer may seem pretty simple, and...read more
There’s been a lot of controversy recently about restaurant supplies and how they affect the environment. The current focus is on plastic straws, but the same conversation has been had about Styrofoam and a variety of other materials. Can you choose environmentally...read more
In March you can begin to feel warmer weather around the corner here in Little Rock. After all, the groundhog didn’t see its shadow this year, so we’re in for an early spring, right? As you think about how to prepare your restaurant for spring, think about getting the...read more
Food safety is vital to every restaurant – consistent inspections make sure of it! Unfortunately, the day-to-day operations can sometimes mean that safety falls through the cracks. One thing that can get overlooked in a busy kitchen is the safe use of cutting boards....read more
You probably know that the food truck industry is booming – it’s grown by 7.3% in the last five years and shows no signs of slowing down. That makes it an attractive industry for anyone interested in serving food – from established restaurants to new entrepreneurs....read more
Every kitchen, from a food truck to a large restaurant, needs cutting boards. From vegetables to bread to meat and fish, your chefs and cooks have to chop things every day. Have you put a lot of thought into this important piece of kitchen equipment? Like many other...read more
As time marches on, we continue to have new generations arising behind the ones we’ve already named. Most recently everyone has been focused on Millennials, whose tech-savvy and focus on experiences over things have shifted the face of every industry. Now, there’s a...read more
You can have everything you need to run an amazing restaurant – a great menu, incredible chef, the best location, perfect pricing, and top-of-the-line kitchen equipment. But even with all of that, you won’t succeed if your employees are disengaged and unprofessional....read more
Hollywood’s biggest night was February 24th, 2019, and was it ever a show. There were stars, glitz, glamour, and amazing outfits everywhere. There were also cameras catching every moment, from the red carpet to the after-parties. What happened at the show and after...read more