Fort Lauderdale Machinery & Equipment Appraisals

Fort Lauderdale Machinery & Equipment Appraisals Fort Lauderdale is a popular tourist destination on Florida’s Atlantic coast. This is largely due to the warm temperature and sunny weather year round.  There were a number of forts built by the U.S. after the second Seminole War, which is where Fort Lauderdale gets part of its name.  The other part comes from Major William Lauderdale, commander of the soldiers who established the first fort in the area. Fort Lauderdale has often been referred to as “The Venice of America” because of its complex canal system.

Our appraisers have completed numerous machinery and equipment appraisals in the state of Florida.  We have appraised machinery and equipment of all types, ranging from restaurants, retail stores, medical equipment, dental equipment, textile manufacturing, machine shops, hotels and more.  Our knowledge and familiarity with the businesses in Fort Lauderdale and throughout the state of Florida make us your number one source for machinery and equipment appraisals in Fort Lauderdale.  Our appraisals are certified, dependable, accurate and defensible.  

Expert Machinery & Equipment Appraisals – The Optimal Approach for Your Business

Equipment Appraisals are needed for various reasons. Our appraisers consider three different approaches to value when appraising machinery and equipment.  These consist of the market data approach, the cost less depreciation approach and the income approach.

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 studied to determine a probable value.

The cost less depreciation approach is when the existing cost of an asset is determined after subtracting for functional and economic obsolescence, physical deterioration and depreciation.  It is based on the principle of substitution which maintains 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 the revenue streams in order to establish a present value.  This approach is often difficult to implement since revenue streams for single components cannot be itemized easily.  There are however, occasionally situations where it makes sense to apply the income approach to an equipment appraisal.

Our certified appraisers are qualified to correctly determine the approach to value that best fits the requirements and unique appraisal circumstances.

Whether you need an accurate, defensible and timely appraisal in Fort Lauderdale, Coconut Creek, Cooper City, Coral Springs, Dania Beach, Davie, Deerfield Beach, Hallandale Beach, Hollywood, Lauderdale Lakes, Lighthouse Point, Margate, Miramar, Oakland Park, Parkland, Pembroke Pines, Plantation, Pompano Beach, Sunrise, Tamarac, West Park, Weston, Wilton Manors or any nearby communities, our appraisers are available to provide expert certified appraisals with courtesy and professionalism.  So call us today at 704-765-4820 and find out how much We Value Your Business!   

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