{"id":46968,"date":"2022-06-14T10:30:00","date_gmt":"2022-06-14T09:30:00","guid":{"rendered":"https:\/\/unitedbaristas.com\/?p=46968"},"modified":"2022-06-21T15:42:04","modified_gmt":"2022-06-21T14:42:04","slug":"how-to-value-used-coffee-equipment","status":"publish","type":"post","link":"https:\/\/unitedbaristas.com\/articles\/guides\/how-to-value-used-coffee-equipment\/","title":{"rendered":"How to value used coffee equipment"},"content":{"rendered":"
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Whether you’re buying an item for your businesses or looking to upgrade your existing equipment, you’ll need to identify its value.<\/h2>\n<\/div>\n\n\n\n
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How much is coffee equipment worth? For example, what is the current market value of this Modbar? \ud83d\udc46 Baristas and coffee businesses need to be able to value equipment when buying, selling and upgrading.<\/p>\n\n\n\n

This United Baristas guide explains how to identify a selling price \u2013 and how buyers and sellers can ascertain the going market price.<\/p>\n\n\n\n

How to value coffee equipment<\/h3>\n\n\n\n

When pricing equipment there are two values you need to identify:<\/p>\n\n\n\n

Book value<\/strong><\/p>\n\n\n\n

This is the value the item is worth in your company\u2019s accounts. <\/p>\n\n\n\n

Many coffee businesses will depreciate their equipment over five years using straight line depreciation. Under this method, the item looses one-fifth of its purchase price each year. For example, a machine purchased for \u00a310,000 looses \u00a32,000 of value each year and will be valued at \u00a34,000 after three years and have no book value after five years.\u2723<\/sup><\/p>\n\n\n\n

Market value<\/strong><\/p>\n\n\n\n

This is the amount that another party will actually pay for the item. <\/p>\n\n\n\n

The market value is subject to market forces such as supply and demand and susceptible to other factors such as advertising, trends and the seller\u2019s reputation.<\/p>\n\n\n\n

To estimate the market price of your equipment, start by looking at similar items on United Baristas Market.<\/p>\n\n\n\n

Coffee equipment for sale<\/a><\/p>\n<\/div>\n\n\n\n

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