With the potential for mega profits, many enterprising restaurateurs nationwide are looking towards pizza to see them through thick and thin. And with ardent diners willing to deliver the cash year round for a phenomenal pie, who could blame them for wanting to invest in pizza equipment?
According to a PMQ Pizza Magazine report, last year there were more than 4,300 pizza joints in the Sunshine State alone and a large percentage of them were independently owned. Headlines appearing since the report’s issuance have indicated that many more franchise pizzerias are likely to join them. But that still shouldn’t saturate the market anytime soon.
For newbies looking to get in on the action now, it’s wise to think about setting up a carryout style business model, locking in commodity prices and attending used pizza equipment auctions. Carry out models help to keep liability insurance and labor costs low. And as for locking down supplies and attending pizza equipment auctions, they can help keep profit margins growing.
To find out about upcoming pizza equipment auctions in South Florida, we’d suggest that entrepreneurs keep an eye focused on online auction calendars. Most list more than just online bidding opportunities. Our Lauro Auctioneers’ calendar is a fine example. It lists everything from live on-site bidding opportunities to sending in bids via e-mailed, faxed and snail mailed absentee forms.
The list of pizza equipment that every new startup is likely to require includes reach-in refrigeration units, pizza prep tables, pizza ovens, metal holding racks, cookware and food grade storage containers. Many of those items retail brand new for $4,000+ but may be bought at auction for at least 10% off or more. Plus, auction houses like ours offer buyers the ability to apply for in-house financing. To learn more about buying used, commercial pizza equipment in South Florida, please contact us. Our Lauro Auctioneers’ team may be reached at out auction house in person, by telephone, fax or online correspondence.