Dalton Machinery & Equipment Appraisals

Dalton Machinery & Equipment AppraisalsDalton is located in Northwest Georgia in Whitfield County and is often referred to as the ‘Carpet Capital of the World.” The city is home to more than 150 carpet plants and makes more than 90% of the world’s functional carpet today. Dalton is at the heart of the Western and Atlantic railroad which was completed in 1847.  Western and Atlantic was meant to join the Tennessee river with the east Georgia railway station.

Since Dalton is in the northern part of Georgia, it is truly just a short distance away from our office in Charlotte, NC.  Our certified appraisers are familiar with the Dalton area and have experience appraising machinery and equipment of all types and in many industries including but not limited to hotels, retail stores, restaurants, medical and dental equipment, textile manufacturing, machine shops and much more! Our knowledge of the area combined with our expertise in the field makes Turner Business Appraisers an excellent choice to perform machinery and equipment appraisals for your Dalton business.

Dalton, GA Machinery & Equipment Appraisals – Three Approaches to Success

When we are examining equipment in order to determine its value, we must consider three different approaches to value. These approaches include the Market Data Approach, the Cost Less Depreciation Approach and the Income Approach.  Our certified appraisers are trained to correctly determine which approach to value needs be applied to your equipment appraisal.

The market data approach is when the market value estimate is based upon prices being paid in actual and current market listings.  The latest transactions are examined to determine a probable value.

The cost less depreciation approach is when the current cost of an asset is determined after deducting for functional and economic obsolescence, physical deterioration and depreciation.  It is based on the principle of substitution which asserts that an informed buyer will not pay more for an asset than the cost of an equivalent substitute asset with the same function.

The Income approach considers revenue streams in order to determine a present value.  This approach is often difficult to execute since revenue streams for single assets cannot be cataloged easily.  However, there are circumstances on occasion where it makes sense to apply the income approach to an equipment appraisal.

Our appraisers have earned their credentials from the NEBB Institute.  The NEBB Institute is an establishment that is recognized nationwide and internationally for their high standards and comprehensive training program in the equipment appraisal industry.  Requirements for achieving the CMEA designation include participating in a thorough training course, passing a written exam, and preparing a sample appraisal report that will be graded by 2 certified appraisers and a peer review committee. The training that our appraisers received has prepared them to handle any appraisal circumstance with proficiency and poise.

Our appraisals are certified, meet the SBA’s SOP Requirements and are USPAP compliant and can withstand scrutiny from the IRS, Litigation, Banks and more.  Whether you need an appraisal in Dalton, Cohutta, Resaca, Rocky Face, Tunnel Hill, Varnell, Chatsworth, Eton or any other communities nearby, Turner Business Appraisers looks forward to providing your business with an accurate, defensible and timely appraisal. So call us today at 704-765-4820 and find out how much We Value Your Business!  

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