Orlando, home to the Walt Disney World Resort, is known as “the Theme Park Capital of the World.” Orlando is Florida’s largest inland city and the fifth largest city in the state. Additionally, Orlando is home to the first ever Water Park, Wet N Wild, which opened in 1977, still one of the only water parks today that stays open year round. Orlando has been nicknamed “The City Beautiful” due to beautification projects implemented during the late 1800s and early 1900s.
Our appraisers prepare reliable, accurate and defensible certified machinery and equipment appraisals in Orlando and other communities in close proximity. We have appraised various types of machinery and equipment in the state of Florida for many businesses. Our knowledgeable appraisers 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 business acumen and appraisal experience make us your number one source for appraising machinery and equipment for your Orlando based business.
Machinery and equipment appraisals are needed for many different reasons. Our certified appraisers are capable and qualified to accurately appraise equipment for your Orlando-based business and will identify the approach that makes the most sense to fulfill your appraisal requirements. Our appraisers intentionally consider three different approaches to value when appraising machinery and equipment and choose the best approach for the circumstances. These approaches include 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 reviewed to conclude 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 asset that can be replaced with the same function.
The income approach takes into account 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 cataloged easily. However, there are occasionally conditions where it makes sense to apply the income approach to an equipment appraisal.
Orlando Machinery & Equipment Appraisals – Accurate and On Time
All of our appraisals are accurate, defensible and timely. Our appraisers have earned their CMEA qualifications through a distinguished organization known as the NEBB Institute. This training has prepared our team for even the most complex appraisals. All of our machinery and equipment appraisals are certified, USPAP compliant and meet the SBA’s SOP requirements.
Whether you need an equipment appraisal in Orlando, Apopka, Bay Lake, Belle Isle, Edgewood, Lake Buena Vista, Maitland, Ocoee, Winter Garden, Winter Park, Eatonville, Oakland, Windermere, or any of the nearby towns, our certified appraisers are eager to appraise your equipment with courtesy, accuracy, integrity and professionalism. So call us today at 1-800-873-3040 and find out how much We Value Your Business!
