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Are you a lender or bank and need to identify your collateral situation for your client?
Truman Mox, Inc brings the experience you need in the industry to identify the values behind your collateral. Whether you are looking for Fair Market Value, Orderly Liquidation Value or Forced Liquidation Value (Quick Sale). Restaurant Equipment Appraisers has the expertise and experience.
Our Certified Appraisers on staff provide appraisals that are USPAP compliant and accepted by banks, lenders, Small Business Administration, Internal Revenue Service and insurance companies.
Two types of appraisals are typically requested.
1. A summary appraisal will require our staff to visit your site. We will formulate a list of equipment including: Description, Make, Model & Serial Number. We notate the condition as well. This will allow us to then appraise each individual item depending on the type of value determined prior our visit.
2. A desktop appraisal is done remotely. We ask the client to provide us a list of equipment and photographs if available. Each item provided by the client will then be appraised depending on the type of value determined.
In our experience we have appraised thousands of restaurant equipment items. It is vital that you have an appraiser that is well versed in Restaurant Equipment. We have worked with all major manufacturers and smaller unknown brands. This affords us to unlock the true value of the restaurant equipment. Below is a sample list of what can be found in a restaurant.