Premier Equipment is a global leader in equipment liquidations, auctions and appraisals for surplus industrial machinery. Our certified auctioneers and appraisers have extensive knowledge and experience in the plastics manufacturing industry and current market.
An accurate equipment appraisal is essential in today’s business environment. Premier Equipment has access to appraisers who are not only experienced, but experienced in the plastic machinery market. Whether you need an appraisal to secure financing from a lender or you’re preparing for a business merger / acquisition, let Premier Equipment assure that you receive dependable industry data as well as fair market values.
Here are a few reasons why your company may need an appraisal:
- Insurance valuations
- Helps to secure financing from lenders for company growth
- Preparation for business merger or acquisition
- Tax purposes
- Litigation support
Forced Liquidation and Fair Market Appraisals:
- Desktop Appraisal
A desktop appraisal is performed without the appraiser physically being present on the site of the assets for the appraisal. Thus, no physical inspection of the assets takes place. A detailed asset listing must be provided. The appraiser depends only on the information he/she is given by the company.
- Forced Liquidation
Forced Liquidation Value is a professionally estimated worth of the most probable price recognized by a forceful liquidation. The reason for a Forced Liquidation Value is that the seller’s company is under duress and he/she is compelled to sell his/her asset(s) because he/she has a sense of immediacy, such as being forced to liquidate to meet a specific deadline.
- Orderly Liquidation Value
Orderly Liquidation Value is a professional opinion of the estimated price, expressed in currency, that an asset or company could quickly be sold for, should the company go out of business.
- Orderly Liquidation in Place
Orderly Liquidated Value in Place is the professional opinion of the estimated gross amount of assets in place, expressed in terms of currency, that a knowledgeable buyer would be willing to pay a knowledgeable seller for the assets in place, taking advantage of all leasehold and site improvements designed to facilitate their operation.
- Fair Market Value
Fair Market Value is the professional opinion of the most probable price of the market value of a property expressed in terms of currency. This exchange of property for currency is between a willing buyer and a willing seller with equity to both. Neither the buyer nor the seller is under any compulsion, to buy or to sell the property. Both parties are fully aware of all of the relevant facts, as of a certain date.
- Fair Market Valuation in Place
Fair Market Value in Place is the professional opinion of the most probable price of the market value of assets expressed in terms of currency. This exchange of assets for currency is between a willing buyer and a willing seller. Neither the buyer nor the seller is under any duress to buy or to sell the assets. Both parties have reasonable knowledge of relevant facts. The assets that are sold under a Fair Market Value in Place scenario are to remain in place and be functional. All the assets which have been specifically designed and/or built will remain to be utilized in the way in which they were originally intended.
- Fair Market Value in Continued Use
Fair Market Value in Continued Use is the professional opinion of the most probable price of the market value for a property expressed in terms of currency. This exchange of property for currency is between a willing buyer and a willing seller with equity to both. Neither the buyer nor the seller is under any duress or compulsion to buy or to sell the property. The seller and the purchaser are both aware and have reasonable knowledge of relevant facts of the property. These relevant facts include installation-as to a specific date, and this also assumes that the earnings accurately reflect to the value reported.