Scratch and Dent Auctions: Your Secret Source for Great Restaurant Equipment for Less
Scratch and dent auctions for commercial restaurant equipment may not be as well known as the scratch and dent sales of home appliances, but they can provide even greater savings. For owners of restaurants, bars, coffee shops, delis, grocery stores, ice cream stores and other food service establishments savvy enough to look for them, scratch and dent restaurant appliance and equipment auctions can save them thousands on the purchase of new appliances.
What is a Scratch and Dent Restaurant Equipment Auction?
Scratch and dent restaurant equipment auctions come about for many reasons. Just like in the residential market, sometimes businesses that sell new restaurant equipment overestimate the demand for a piece of equipment and purchase too much inventory. After carrying the inventory for a while, they may decide they are better off liquidating the merchandise rather than continuing to list and promote it while they look for buyers. Often these equipment resellers will turn to auctions for a rapid drawdown of their holdings. This makes the top-quality commercial equipment available to a wider audience at a competitive price.