No contracts or monthly "rent." You can modify it, move it, or sell it whenever you want. The Cons:
Over time, lease payments usually add up to more than the equipment’s actual price tag. Buying: The Long-Term Investment
Buying an entire line (ranges, fryers, hoods) can drain your startup capital instantly.
To help you decide on a specific piece of gear, let me know:
Most leases cover repairs and servicing. If the walk-in fridge dies on a Friday night, the leasing company usually handles the fix.
the "workhorses" that last 15+ years (stainless steel tables, heavy-duty ranges, gas ovens).
The equipment is an asset on your balance sheet. If you ever sell the business, the gear goes with the price tag.
items with high turnover or high maintenance needs (ice machines, dishwashers, coffee makers).