Leasing program cooked up for kitchens

Welbilt says the up-front costs for setting up a professional kitchen will be significantly lower, meaning the cash flow savings can be invested in other areas of the new or established restaurant business.

Hubertus Muehlhaeuser, president and chief executive officer of Welbilt, said: “We are excited to be the first company to offer commercial kitchen leasing solutions that will allow our customers to effectively ‘pay as you go’, rather than to pay entirely up front, for their professional kitchen.

“This is another important step to further tailor our services to our customers’ needs and underlines our commitment to revolutionize the foodservice industry with fresh concepts.”

Headquartered in Florida and operating 17 manufacturing facilities throughout the Americas, Europe and Asia, Welbilt sells through a global network of over 3,500 distributors and dealers in over 100 countries. The company has approximately 5,800 employees and generated sales of $1.45 billion in 2017.