The value of precious metals has often reaped the benefits within unstable currency markets. Given the state of the current US economy in these uncertain times, many precious metals are trending upward in 2020. Gold and silver mining facilities are the most common, however, this industry includes other types of mines such as rhodium, palladium and platinum, which drive the precious metals markets on a day to day basis.

For businesses owners involved in the mining of these metals who may be considering selling in a strong market or expanding their capabilities by raising new capital, it is important to consider a current appraisal of the machinery & equipment working every day to keep your company operational.

An accredited ASA (American Society of Appraisers) appraiser will provide a detailed valuation of your tangible mining assets, including drills, high wall miners, draglines, shovels/excavators, loaders, haul trucks and any other support items involved in the day to day running of the operation.

At Equipment Appraisal Services we can complete an on-site visual inspection of the equipment or a “desktop” valuation based the descriptions and photographs you provide directly to us. We will thoroughly research the market and complete a detailed valuation to assist you when making important business or investment decisions.Our experienced, accredited appraisers have been completing these types of fully researched valuations for decades and can meet the demands of any machinery & equipment appraisal assignment across all markets & industries.

The restaurant industry has certainly been one of the top business segments to suffer during the COVID-19 pandemic over the last six months, with indoor dining options still not allowed in certain locations and most others facing limited capacity with stringent and costly guidelines to adhere to.

If you are a restaurant owner thinking of selling or are considering investing in one knowing the market will eventually open up again, you will need to make a sound decision armed with as much ammunition as possible. Part of your arsenal should include a current market appraisal of the furniture, fixtures and equipment, commonly referred to as FF&E.

An accredited ASA (American Society of Appraisers) appraiser will provide a detailed valuation including the kitchen equipment, bar and seating area assets and any other supporting tangible items involved in the day to day running of the restaurant. An appraisal can be completed as an on-site visual inspection of the equipment or as a “desktop” valuation based on the descriptions and photographs you provide to the appraiser.

Whichever direction you’re heading, Equipment Appraisal Services can assist you in the process and provide an independent opinion of value which can help form a realistic purchase or sale price for the business, and support the information needed to potential investors, financial institutions, insurance companies and other parties involved in the project. Our experienced, accredited appraisers have been completing these types of fully researched valuations for decades and have the depth of knowledge and experience to meet the demand of today's challenging market.

Whether your business is expanding or going through a downturn, being purchased or sold, audited or invested in, refinanced or liquidated, it is important to understand the real market value of your tangible assets, specifically the machinery & equipment that work every day behind the scenes.

Obtaining an equipment appraisal from a qualified valuation firm such as Equipment Appraisal Services can provide you with firsthand knowledge of the value of your machinery and what to expect should you wish to buy, sell, refinance or upgrade these types of assets in the resale marketplace. A formal appraisal analysis and report can assist you in any number of ways as you move through the next phases of your company’s development and can be shared with third parties who may be assisting you with these project plans.

Our appraisers can visit your operations facility and perform an on-site personal inspection and discuss your business directly or complete a “desktop” appraisal based on the information you provide to us, including detailed asset listings and photographs.

The experienced appraisers at Equipment Appraisal Services have been completing these types of fully researched valuations for decades and can meet the demands of any machinery & equipment appraisal assignment across all markets & industries. We look forward to the opportunity to work with you as a key component to your ongoing business projects.

Machinery & Equipment appraisers know from experience that the overwhelming majority of their valuations involves the Sales Comparison (Market) and/or Cost Approaches to value. The income approach is primarily utilized for business appraisals with a few exceptions which allow the tangible equipment to be valued as independently income driven assets.

The challenge becomes which of the two approaches makes the most sense given the scope of work, premise of value and overall perspective of the project involved. Based on our experience at Equipment Appraisal Services, we have found that regardless of the above variables, relying on components of both the Sales Comparison Approach (commonly referred to as the “Market Approach”) and the Cost Approach for each valuation project produce the most credible, realistic and supportable results.

Under the Sales Comparison Approach, researching and properly interpreting the available data in the marketplace for assets very similar to those being appraised is critical to the analysis. Understanding the nuances between asking prices, recent listings, opinions of resale value and the market level at which the machines are traded are all important to the appraisal process.

With the Cost Approach, deriving the data pertaining to replacement cost new, useful life and depreciation should come directly from the specific markets and industries in which the assets are working in. Gathering new pricing information for the make and model of the machinery, along with opinions from third parties who buy and sell these assets is far more reliable than broad multi-industry trends and straight line depreciation.

The experienced appraisers at Equipment Appraisal Services have been completing these types of fully researched valuations for decades and can meet the demands of any machinery & equipment appraisal assignment across all markets & industries. We look forward to the opportunity to work with you as a key component to your ongoing business projects.

What Kind of Equipment is Covered in a Marine Vessel Appraisal? 

• Inland Barges: Though much of the midwest and west was settled because of river traffic, many people don't consider this type of transport anymore, despite its function to keep things moving that would otherwise be prohibitively expensive, such as aggregate, sand, grain, trash, oil, timber, metal ores or other bulky, heavy goods, providing a much-needed, inexpensive option to move these materials to market.
• Offshore Barges: Rivers aren't the only places that you'll see barges moving materials, though offshore barges tend to be larger and with more displacement than their smaller riverboat counterparts. Offshore barges are able to move a wide range of materials between points on the shoreline, without going further afield in many cases due to rougher weather and waterways that may be found further from the coast. At the same time, their smaller engines help provide a more economic option for moving bulk goods.
• Tugboats and Pushboats: Whether it's pulling barges off of sandbars or similar obstructions, getting large ships safely out to sea before their main engines are engaged, shuttling barges at a loading station or any number of other circumstances, tugboats and pushboats are powerful marine vessels that do a wonderful job of getting much larger ships underway, typically sticking closer to shore for the majority of the time to avoid choppier waters further out to sea.
• Hopper Barges: When large amounts of material must be moved, unpowered hopper barges are often chained together, creating a waterborne train of material. This provides the option to move large amounts of material without having to have numerous navigators or crews manning the different vessels, as one is simply pulled along behind the other. This allows a single crew to pull thousands of tons of material along a set course without a lot of extra manpower.
• Oilfield Support Vessels: Offshore oil platforms and drilling rigs need a wide range of materials, changes in crew, new parts for the rig and a number of other items that have to be exchanged at a dizzying rate. Food, medicine, protective equipment, pipeline, couplers, experts, oncoming and offboarding crew members and a wide range of other people and items are carried by oilfield support vessels, providing an inexpensive alternative to spendy helicopter rides for many petroleum companies.

By having a marine vessel appraisal performed on your equipment, you can gain valuable insights into its condition, expected useful lifespan and several other important pieces of information that will help you better manage your equipment assets. However, it's of vital importance that you have the appraisal performed by an accredited equipment appraiser, who will provide you with a properly calculated estimate of your marine assets' value.