Used Restaurant Equipment Sales

Startup Costs: $10,000 - $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? Yes

Did you know that starting a restaurant is one of the most common new business ventures? But did you also know that more than 90 percent of new restaurants go out of business within the first five years? The combination of these two facts is the basis for starting a business that buys and sells secondhand restaurant equipment like grills, fryers and coffee machines. Simply put, when one restaurant goes out of business, you purchase their equipment. Then, when another restaurant opens, you resell that same equipment for a profit. This type of business venture can be started and operated from home initially (if you have storage space) and moved to a larger location as the business expands. Furthermore, you can offer general restaurant equipment but you can also specialize in one particular type of restaurant equipment, such as deli equipment or grills. The potential to earn large profits from selling secondhand restaurant equipment is outstanding, and this business opportunity definitely warrants further investigation.

The Market

Your customers are new or current restaurant owners looking to purchase equipment. You will also have to court former restaurant owners whose equipment you want to purchase.

Used Restaurant Equipment Sales Ideas

Maternity Clothing

Moms-to-be don't want to give up looking good. Cash in on this strong demographic.

Lighting Shop

It's time to shine some light on your business startup.

Hobby Shop

A hobby shop is the ultimate way to feed the latest fads as well as your business.

More from Business Ideas

Side Hustle

This 54-Year-Old's Juicy Side Hustle — Which She Calls a 'Literal ATM' — Pulls Up to $50,000 a Month and Was Profitable Within 1 Week

In 2013, Shannon Houchin wanted to start a real business — "something that mattered."

Side Hustle

This Mom's Side Hustle Selling a $600 Children's Toy Became a Business Making Over $1 Million a Year: 'There Is a Lot to Love'

Shari Raymond, a mother of three, was looking for a specific toy — and was "shocked" when she couldn't find it.

Business Ideas

91 Service Business Ideas to Start Today

Get started in this growing industry, with options that range from IT consulting to childcare.