leasing

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The Marketplace Fish Bar is a well-established father and son operation, having been traded in the family for 30 years, and has an excellent reputation locally for incredible food and excellent customer service. The restaurant has recently undergone a full refurbishment, and now looks stunning!

We were approached by The Marketplace to help them get equipment finance for a new frying range to help continue making the renowned food, and to help the owners pay for the premesis refurbishment, rather than having to fork out upfront cash lumps for equipment. By using leasing, The Marketplace can use their operational budget to pay for the equipment over a fixed period of time, rather than having to pay upfront. This also gives some pretty great tax benefits!

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We posted a case study last month about The Rock and Sole Plaice, a well-established and famous fish and chip shop in Covent Garde, London.

Well today we are delighted to hear that they plan on continuing their expansion in central London by opening a new fishmongers nextdoor! We are all waiting in anticipation for news about when it’ll be ready, and we’ll keep you posted!

In the mean time, we couldn’t help but show you a picture of their quality food, which Johnson Reed director Mark Johnson thoroughly enjoyed when he visited!

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When it comes to fast food, here at Johnson Reed the office is split between fish and chips, or pizza. Fortunately, our latest client – Hull’s based Bella Pizza – has a long 15 year history in making some of the best pizzas in Hull, and are now expanding into the fish and chip market by opening a fish and chip shop next door.

We were approached by them to help get equipment finance for a brand new frying range, on a tax-efficient lease. We were able to acquire £30,000 for a frying range and associated catering equipment, with a 10% upfront deposit and the balance over a 36 month period.

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When your business runs from an IT-based system, you need to make sure it remains up-to-date and serving yourself and your customers in the way it needs to. One of the biggest problems with systems of this type is out-of-date software and procedures, causing inefficiencies and reducing your profitability.

That’s why when we were put in touch with a Financial Management company in the North West, who needed help upgrading their software, we knew that we would be able to provide the finance they were looking for. We helped the company gain over £30,000 of finance to help fund the acquisition of software licenses to allow their staff to process finance and debt repayment scheduling applications, where they were unable to before.

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When it comes to food preparation, having sub-standard processing equipment can often lead to sub-standard food, and in some cases can even present a danger to its operators and customers.

So when we were asked by a locally-renowned butchers in Dudley to help provide finance for a new state-of-the-art mincing machine, we knew how important it was that this butcher could get the new equipment needed, and in a timely fashion.

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The Pier Inn is one of Whitby’s harbour front’s gems, known locally for excellent food and a great atmosphere. Based right on the harbour’s edge, The Pier Inn sports 7 cosy rooms to hire, stunning views, and a hearty breakfast – partly thanks to Johnson Reed. Recently we were approached by supplier Brakes Catering Equipment … Read more

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When it comes to caring for the elderly, rules and regulations on standards and quality of equipment can be extremely tight – and for good reason. No less important than medical equipment is IT hardware and software – the backbone of infrastructure at care homes. Which is why we see more and more requests for equipment … Read more

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In just under 2 months takeaway owners from across the country will descend into London for the biggest takeaway expo in the country. Over 5,000 takeaway owners are expected to attend, and with many business owners and entrepreneurs exhibiting, all trying to pitch for their much sought-after business.

Topics of discussion over the exhibition will include health & safety, restaurant furniture, catering equipment, the growing use of technology, social media, food marketing, franchising, and more.

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Having successfully established his brand in Ruswarp, near the North Yorkshire seaside town of Whitby, Brian Moore has taken the plunge to open a second Mini Monsterz site, in Scarborough. He tells Indoor Play why now is the right time to expand and why he went back to previous partners to help facilitate the new site

When Little Hoppers closed its doors in Scarborough in April, it was the second of the town’s indoor play areas to shut in 12 months. Located in an industrial estate on the edge of the sleepy seaside resort, the 9,000 square foot facility was taken over on a 20-year lease and re-opened after a significant cash injection as the second in the Mini Monsterz stable of family entertainment centres.

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Here at Johnson Reed we have an ideal that we live by: Common Sense Underwriting.

What does that mean? It means that we deal with all of our requests for finance with a common-sense approach when it comes to whether or not we provide finance to a would-be customer.

As part of this approach, we appreciate that often we get requests for finance for equipment and assets which are beyond the traditional scope of lending. Sure, we get a lot of gym equipment, catering equipment, kitchen refurbishments, that kind of thing, but we also get a lot of unusual things.