Raaj Chandarana, of Tara’s Londis in High Wycombe, is 18 months into a three-year contract with Simply Coffee, but must continue paying £500 a month to third-party leasing provider Henry Howard Finance (HHoF).
HHF also provided similar contracts for machines from Espresso Essential on one-to-three-year leases from £35 per week.
Steve Roy, managing director of rival firm Denby Drinks Company, told betterRetailing: “It’s hard to pinpoint where Espresso Essential went wrong, but with any supplier contract it’s important for retailers to research properly first.
“Check online reviews and whether they’ve had a number of name-changes on Companies House. Are the sales people particularly pushy?