What Is a Machinery/Equipment Appraisal?
Murphy Valuation Services, Inc. is the largest single company source for certified machinery & equipment appraisers in the nation. Through our sister company, Murphy Business & Financial Services, we can be reached through some 150 offices throughout North America.
A machinery and/or equipment appraisal is the independent and unbiased process of determining the supportable opinion of value of tangible assets as of a specific date. Appraisals can be performed for a variety of value premises from fair market value in place and in use, to forced liquidation value. We also perform inventory valuations.
Why Perform a Machinery/Equipment Appraisal?
Accurate machinery and/or equipment appraisals are often needed as part of a formal business valuation and for other purposes including:
- Mergers & Acquisitions
- Litigation Support
- Buy-Out Agreements
- Estate Settlements
- Partnership Dissolution
- Retirement Planning
- Insurance Purposes
- Trust Planning
- “C” Corp. to “S” Corp. Conversion
- Business Liquidation
- Lender “Special Assets” Resolution
Select an Experienced Appraisal Firm
All Murphy machinery & equipment (M&E) appraisals are performed by certified professional appraisers experienced in all aspects of machinery/equipment brokerage as well as the science and art of machinery & equipment appraisals. All appraisals are performed in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP) of the Appraisal Foundation. Compliance with industry standards ensures that proven peer-reviewed appraisal methods are used to develop defendable opinions of value. Our affiliation with the NEBB Institute, the certifying body for machinery and equipment appraisers, ensures that our appraisers are kept abreast of evolving appraisal standards.
Types of Appraisal Reports from Murphy Business of Minnesota
- Desktop Report – A hypothetical determination of value based solely upon information provided by the client and conducted without benefit of a physical inspection
- Summary Appraisal Report – A certified restricted-use summary report of full USPAP-compliant appraisal including physical inspection of items appraised.