It is a scenario many bakeries anticipate: your bakery needs to consider the big purchase of industrial baking equipment. Maybe you are scaling your business and need larger volume equipment to meet the growing demand for your product. Maybe you are looking to switch out older models or wish to increase operational efficiency with new production line equipment. Or maybe your current equipment is simply beyond repair, and you want to take advantage of the opportunity to try a new brand or model. Whatever the reason, there are a few considerations to keep in mind when undertaking the purchase of industrial baking equipment, as it can be a large capital expense.
Consider your business needs
One of the first things to do is determine which equipment is a good fit for your business. Not every dough sheeter is right for the type of dough you need to make, and not every convection oven will physically fit in the square footage of your industrial baking operation. In addition to the tangible requirements of function and size of the equipment, you can begin to clarify your unique needs by considering not only what product you make now and how the equipment options provide solutions, but also what you want your operation to look like in the future and how the equipment can scale with you. You should also consider your budget, how long you will need to cease operations for installation, and how long before the newly purchased equipment can output the amount of product that will pay back your investment in it.
Consider used bakery equipment
After you’ve determined what type of equipment you need, the model that best suits your operation, and perhaps the brand that you would like to go with, you can then consider if you would like to buy the equipment new or to purchase used, refurbished industrial baking equipment. If, like many other industrial bakeries, you choose to buy used equipment, there are three important characteristics to look for: the equipment’s operating hours, its maintenance history, and what components are included in the equipment. These elements can help you better place a fair value on the used equipment, and can also be determined with the assistance of a specialist. A specialist in used industrial baking equipment or a business that specializes in curating and refurbishing equipment and outfitting businesses with tailored production line solutions can also help inspect the current state of the equipment and provide an opinion of future performance.
About Artisan Capital Partners:
Artisan Capital Partners tailors bakery solutions and services designed to create liquidity from industrial bakery assets while consistently managing transaction risk. Artisan Capital Partners helps bakeries manage assessing equipment, dismantling, and transportation, as well as design, installation, and testing to provide bakeries with a liquidity event that meets their goals.