Understanding a Free on Loan Waffle Machine Programme

Hospitality is constantly evolving. More and more, various venues, ranging from cafes to event spaces, have to diversify to keep a steady stream of income. This can include expanding the menu or introducing food in the first place, with many eateries introducing breakfast and brunch menus as a way to get more bums in seats. A lot of companies targeting the mid-morning demographic might even consider investing in a waffle machine. 

However, with the economy in the state it’s in, a company expanding its offerings might not have the sort of upfront capital necessary to purchase commercial waffle equipment outright. That’s where Free on Loan programmes can be very helpful. This model allows companies to get hold of waffle equipment for free. It can be a great option for companies of all shapes and sizes, but it does come with some conditions. 

Getting a machine with no upfront expenditure

Companies offering these schemes have waffle machines to loan to eateries as and when they need them. This differs from traditional rental, as they lend the commercial waffle machines straight up, without asking for any upfront or ongoing fees. Generally, the only upfront cost for the machine should be a standard, affordable security deposit. 

Conditions for the loan | Stock supply deals
It’s worth noting that these loan models aren’t just gifts from providers. The deal is generally supported by companies that also offer additional stock, beyond the machine alone. For example, a contractual obligation can be that the waffles made from the equipment have to use the same company’s ingredients and edible supplies. 

For example, a deal might include a deposit and a certain amount of ingredient stock for the free loaned machine. This also offers a consistent standard of waffles, with a mix that suits the machine properly. 

Additional benefits of using Free on Loan waffle machines

Getting the machine and any other waffle-making accessories for free is the primary benefit. But there’s more to a good scheme. 

Maximised profitability
Restaurant margins are often extremely tight, but waffles made from pre-made mix in a free machine is a super low-cost way to create a product with a decent markup. The system offers a powerful ROI for companies that might otherwise not be able to make waffles at a commercial rate. 

Adaptation & flexibility
Being able to secure waffle machines on loan for short contracts like three months, then rolling, allows companies to experiment with their menus or seasonal demand. If you want to offer waffles over the festive period, this could be the right move. Beta testing brunch? There’s no need to invest in a permanent machine. 

Similarly, companies can also easily incorporate more waffle machines as their operation grows. 

Ongoing servicing & support
The right lender will offer ongoing repairs, replacements and servicing for machines that develop faults or break down on the job. This can be a lot easier than trying to deal with malfunctions and breakdowns for machines you own. 

Choose The Malted Waffle Co.

If you’re interested in learning more about Free On Loan options, buying a machine outright or simply browsing some quality ingredients, visit The Malted Waffle Co. today. We offer waffle machines to rent for free, along with a turnkey kit of accessory tools, with a commitment of just a £200 security deposit and three months of ingredients. Get started on your waffle journey with ease with our lending model!