Capital Freedom Program
At BevWizz Australia we offer to purchase the equipment fleet of our customers at an agreed value. This is what we call the Capital Freedom Program.
This has the result of freeing up working capital which can be put to more profitable use by the customer in driving incremental sales and profit, instead of having this capital locked up in depreciating equipment assets.
At BevWizz Australia we team up with our customers in a long term sustainable and strategic supply relationship that adds value and innovation to their business by paying them out the agreed value of their equipment assets in cash and then under a rental and service program operate the specific equipment in the market place.
The BevWizz Australia rental and service program is a finance solution from BevWizz Australia that features refrigeration equipment maintenance (including emergency breakdown service 24/7) together with retail outlet location tracking. Included in this program is all existing equipment as well as new additional units to grow sales distribution. At BevWizz Australia we can tailor the rental term to suit our customers and these could be rental terms of 36, 48, 60 or 72 months by arrangement.
Key Benefits of the Capital Freedom Program:
- A total refrigeration solution
- Certainty of budgeting with streamlined cash flow forecasting. Fixed payments also provide a hedge against inflation as the cost is fixed at today’s prices.
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100% tax deductible and off balance sheet funding
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Reduced capital employed in the business, which generates higher Return on Assets employed (management is often measured on this as a key performance indicator – included for management performance bonus calculations)
- Integrated service and finance offering with reduced gearing ratios.
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Improved RISK management
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Manages the technology curve better. Equipment upgrade flexibility keeps the fleet fresh to maximise the presentation of your brands. Maintain a competitive edge over your competitors by being in the forefront of innovations in ice cream retailing such as BevWizz Cool.Media & Dinky.Cool.
- Rental funds requests are easier to get approval for than purchase Capex’s as rentals are a business operating expense.
- Provides better focus on Core Competencies – you can focus on customers, products, marketing – BevWizz Australia manages the equipment.
- Cost efficiencies – overall cost of outsource will be lower than executing various functions in -house and with greater efficiency
- Skills availability – difficult to attract and retain all the technical fleet management skills needed, BevWizz Australia can do this better with a Capital Freedom Program.
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Improved operational and financial flexibility and scalability by replacing fixed costs with variable costs
Frequently asked questions ....
What if we already own our own equipment?
That’s no problem, we can buy it back from you and combine it with new equipment under one BevWizz master rental agreement.
Can we still purchase products from our existing fridge suppliers?
You can continue to do so using your global buying power. Using your costs BevWizz will convert this to a fully maintained rental plan i.e. we will purchase the new equipment from you and include this into the BevWizz master rental agreement.
What happens at the end of the rental term which I chose?
At the end of the term you can return the equipment to BevWizz with no further obligation or payments or extend the term and/ or upgrade to new equipment that is in line with market and merchandising trends.
Will BevWizz provide Emergency Breakdown Service?
Yes, BevWizz will include National maintenance and emergency breakdown service within agreed response times for metropolitan, regional and country outlet locations.
Will BevWizz manage the movement and tracking of freezers?
Yes, our fridge fleet management package will include, storage of fridges, delivery and positioning in retail outlets, relocations, cleaning, branding graphics, testing and tagging.
Are rental costs fully tax deductible?
Yes, monthly payments are tax deductible provided the equipment is used in producing assessable income.
Why choose BevWizz Australia?
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No alignment to competitors which guarantees confidentiality of business plans and promotion strategies.
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First to market opportunities for equipment innovations.
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Excellent Commercial and Personal reputations.
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24/7 National Emergency Service & Maintenance Program.
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Total Fridge Fleet Management.
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Customised Fridge Fleet Solutions.
Next steps to take advantage of the Capital Freedom Program
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Just express an interest in evaluating the BevWizz Capital Freedom program.
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Simply provide a detailed asset register schedule including make, model, type, age, quantity, condition, book value.
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BevWizz Australia prepares a detailed Capital Freedom presentation for you. This will include a cash offer for all the equipment you detail to BevWizz and a rental and service proposal to manage the entire fleet for a fixed monthly dollar sum for the renatal term that was agreed.
Value • Service • Innovation
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