Early on, the existing kitchen in the home was sufficient to accommodate the limited number of guests, but as the B & B reaches capacity more often, Mark and Shae want to upgrade to a commercial kitchen. Not only will a commercial kitchen help them to better accommodate their guests but it will also allow Shae to add additional offerings throughout the day and on weekends. The owners also hope to partner with local wineries, microbreweries, and other businesses to host special onsite events attractive to their guests.

 

The goal is to reach near 100 percent capacity in the coming year while providing each guest with a unique, luxury experience. The addition of commercial kitchen appliances will allow the owners to provide a first class experience including quality meals beyond the traditional breakfast expected.

Mark has a crew already working on the remodel and preparing the space for the new commercial appliances, but finances are tight. The owners want top of the line appliances which can stand the test of time and have an estimated cost for all appliances and equipment at around $50,000. The owners believe they could repay the needed loan amount in a short period of time due to the increased revenue from a full capacity B & B.

Mark and Shae discovered equipment financing to be the best option, offering a loan which will allow them to lease the appliances/equipment over a set time, ensuring the project profits, with an option to buy all equipment at the end of the lease term. The owners completed the needed paperwork, providing bank statements, revenue reports, and credit score. The funding process was quick, taking only a week. The appliances/equipment were ready to be delivered when Mark and his crew were ready.

 

Mark and Shae, as well as their chef and kitchen staff, were thrilled with the new appliances and their ability to provide first class breakfast and brunch as well as additional meals and catering for special events. By the end of the first year of the B & B’s commercial kitchen upgrade, the owners were nearing 100 percent capacity consistently and well on the way to paying off the equipment loan.

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