Leasing Coffee Equipment Is The Best Option For Coffee Start-Ups

So you decided to start your own coffee shop? Good for you! You've decided to take the first steps in being a small business owner. There's going to be a lot of things to think about before you open up shop. It's probably a safe bet that you don't have all of the heavy equipment laying around your house. Not many people have espresso machines piling up in their garage. One of the biggest expenses in your new coffee shop is your basic equipment, but have you decided if you're going to buy, rent or lease them?

Leasing is going to be the best option, especially for new coffee shops. Leasing agreements can usually be from 2-5 years and the monthly payments can be easy for your business to keep up with. Along with the easy monthly payments, leasing doesn't have the same large upfront costs as with buying coffee equipment. Leasing coffee equipment is typically going to come with a buying fee once your lease is up and the fee is generally very low. Renting equipment typically doesn't come with an option to buy. If you're still not convinced, let's take a closer look at the pros and cons of leasing compared to buying or renting.

One of the issues with any piece of equipment is maintenance. This is one of the biggest downsides to buying. That new cappuccino machine that you got might come with a warranty, but if something breaks down that isn't covered then you're stuck with the bill. Leasing and renting have a big advantage here. Leasing still has the upper hand in upkeep, though. When you're leasing or renting, you have co-ownership of the property of the company you are leasing or renting from. This means that the renters and lessors want to make sure that the machines are kept up in their best working order. Renters, however, know that the equipment is probably going to come back to them someday, so don't be surprised if you're the one who is going to be paying most of the repair bills. Lessors want you to buy from them when the lease is up. The happier you are through the lease agreement, the more likely you're going to buy.

Finally, there are the tax incentives with leasing. You can probably write-off the cost of buying equipment, but that's going to be a one-time deal. Leasing is going to be a smaller tax break, but it is going to applicable for the whole time of your lease. Renting might have some tax incentives, but they are less and going to vary from state to state.

Leasing your equipment is going to be the best thing to do for your new coffee shop venture. You aren't going to pay as much up front as buying your equipment, renting is just pouring money into a brewer that you're never going to own, and the tax breaks from leasing really trump the other options. Kaldi can help you get set up with leasing options and get your coffee shop off the ground. Let Kaldi.com be your source for top quality coffee shop equipment leasing.