workout situations Restaurant Equipment Appraisal

Workout situations in the restaurant industry require fast, accurate information about the value of equipment. When a business is facing financial pressure, lenders, landlords, attorneys, and operators rely on independent appraisal services to understand their position and determine the best path forward. Truman Mox, now part of the TMX Group, provides nationwide restaurant equipment appraisals tailored specifically to these complex scenarios.

A workout situation occurs when a restaurant or food service operator is unable to meet its financial obligations, prompting lenders or other stakeholders to renegotiate terms. These negotiations often require a clear understanding of the equipment’s value, whether the goal is to restructure debt, support a settlement, prepare for liquidation, or evaluate collateral. Because restaurant assets vary widely in age, condition, and remaining useful life, a certified equipment appraisal provides the objective data needed to make informed decisions.

Reliable valuation is essential in any workout discussion. A detailed appraisal helps stakeholders assess the true condition and marketability of the assets, confirming whether the equipment can support a restructured agreement or whether another course of action is necessary. Independent, USPAP-compliant reporting eliminates assumptions and replaces them with defensible numbers supported by market research, comparable sales, and industry-specific knowledge. In situations involving declining performance, lease defaults, or partial shutdowns, understanding the current Fair Market Value, Orderly Liquidation Value, or Forced Liquidation Value is critical.

TMX Group provides professional, independent appraisals designed for clarity and efficiency. Our team completes engagements quickly, ensuring that decision-makers have reliable information when timing is essential. We have appraised thousands of pieces of restaurant equipment nationwide, ranging from full commercial kitchens to single-location operations. Whether you are evaluating collateral, preparing for negotiations, analyzing potential recovery, or managing a distressed portfolio, our reports provide the level of detail required to support any workout analysis. We offer remote and on-site services, depending on complexity and stakeholder needs.

Workout situations demand responsiveness, accuracy, and objectivity. TMX Group delivers all three across every U.S. market. Our experience spans restaurants, commercial kitchens, franchise operations, hospitality venues, and institutional food service environments. Each appraisal is developed using recognized methodologies and presented in a clear, defensible format that supports lenders, operators, restructuring professionals, and legal teams.