La Marzocco 2 group

[Buzzi]

Help! I'm in the process of buying out a coffee shop. Inventory has a La Marzocco 2 group- listed at over 9k! This machine is approx 4 years old and has broken down 2 twice in the last month. I know it's a great machine- but I imagine this must be the "new" price. The alternative is a 2800 Rancilio- l year old- for approx $2500. Anyone have an idea what the going price on the used Marzocco might go for???

 

[trancein]

Hey Buzzi check out Ebay they have some refurbished ones for like 2500 I believe. Where are you opening your coffee shop. Also is it better to lease or buy a machine.

 

[Buzzi]

In the research I've done- I'm sooo hesitant to buy from Ebay- esp. when I have the opportunity to buy one that is currently on site- and only 4 years old.

You bring up a good point- lease or buy- I guess it depends on how long you intend to be in the business. In my case- 6 years will be our "do we stay or do we go" in our town. So I think because I hope to be in business at least 5 years- it might be better to buy- who knows' I could be soo wrong- maybe someone out here has a more educated answer based on the life of these machines. There are tax implications that also need to be considered. BUt excellent question!

 

[trancein]

When you say tax implications, what do you mean. Is it that you get a break on taxes if you were to buy or lease? I am also in the process of opening a hookah/coffee place.

 

[Buzzi]

With a lease you can write off all the expense of the rental- with a purchase- there is depreciation over several years. You'd have to check with your accountant- but there's a depreciation formula they follow.

Depending on the cost of the machine you're looking at- the depreciation factor- and your financial situation- your accountant can give you the best advice as to whether it's better for you to lease or buy.