Bakery Equipment Assets Appraisal

There are various good reasons to have your equipment routinely appraised. The most common reasons for determining the value of your equipment are:

  • Preparing for selling your surplus machinery or equipment
  • Substantiating equipment values when applying for a loan
  • Using the assets as collateral in an asset-based financing
  • Conducting assets valuation as part of an overall business valuation analysis in connection with a sale of merger
  • Proving this information for insurance purposes.

Additionally, appraising your machinery and equipment may be required for things like:

  • Tax purposes,
  • Retirement planning
  • Divorce and / or estate settlements
  • Cost segregation
  • Partnerships and / or trust Agreements
  • Litigation support

Whatever the reason may be, it is imperative that a professional appraiser will conduct your appraisal. However, prior to contacting an appraiser, there are some preliminary actions you should perform to maximize the value of your equipment.

Prepare A Detailed Equipment List

One of the first things you should do is to have a detailed and organized inventory list with all pertinent information on your surplus assets that you can provide to your appraiser. A good list, containing, at minimum, the product name, manufacturer, year, specs and technical info, and some lines describing what the machine does is critical. Other useful information will be repair records if applicable, purchase receipts, manuals, warrantee certificates, and serial numbers.

The more informative this list will be, the more confident your appraiser will feel regarding the assets, which will drive up the value of the assets. Missing information is often resulting in concerns for the unknown and for a discounted asset value.

Clean and Paint Your M&E

The next step is to try to make sure the assets are clean, and if necessary paint the items to maximize the appraised value. Additionally make sure assets are full working condition and perform any maintenance and repairs work if necessary. Allow yourself enough time before the appraisal to do all of this, so careful planning ahead of time is very important.

Take High Quality Pictures of Your Equipment

One picture is worth a thousand words. Taking good quality pictures, from multiple angles, of the equipment, while making sure there is plenty of light in the factory is going to be well worth the time. Appraisals are often done remotely (these types of appraisals are known as “Desktop Appraisals”) based on the assets list and pictures provide by

After taking the above steps, you are ready to call in for an appraiser. Whether you need to know the FMV (fair market value), OLV (Orderly Liquidation Value) or QSV (Quick Sale Value) of your assets, you should obtain a credible Certified Equipment Appraisal Report that holds up under scrutiny with banks, government agencies, buyers, sellers, shareholders or partners. To do that, it is important to make sure that the appraiser has specific experience in your relevant industry and is knowledgeable about the sort of machinery and equipment you have in your facility that is needed to be appraised.

The appraiser will base valuations on actual sales results of similar or identical assets, either from a past auction or from a liquidation sale. The appraiser will also factor in the assessment various variables such as age and condition of the machine, the materials it is made from, maintenance levels, secondary market conditions, geographic location, particular design and/or modifications, technical obsolescence, and other industry trends/economic fluctuations.

At Artisan Capital Partners, our expert bakery machinery and equipment appraisal team has decades of experience in the bakery sector and has appraised hundreds of bakeries across the globe. Our team members are all certified and have unmatched experience in practically every type of bakery equipment. We can give you an accurate and defendable estimate of value at a fair price. Call us!

31 Responses to Getting Ready for a Professional Bakery Equipment Appraisal
  1. Thanks, it is quite informative

  2. I spent a great deal of time to find something such as this

  3. Thank you for the terrific article

  4. Thanks to the excellent guide

  5. I spent a great deal of time to locate something like this

  6. Thanks for the terrific article

  7. Thank you for the great article

  8. I enjoy the report

  9. What’s up to every , because I am truly eager of reading this blog’s post to be
    updated regularly. It consists of good information.

  10. Thanks on your marvelous posting! I quite enjoyed reading it, you can be a great author.
    I will remember to bookmark your blog and may come back
    in the future. I want to encourage you to ultimately continue your great posts, have a nice day!

  11. I have recently started a web site, the information you provide on this website has helped me tremendously. Thank you for all of your time & work.

  12. Whats up! I just want to give an enormous thumbs up for the nice data you have right here on this post. I will probably be coming back to your blog for more soon.

  13. Keep up the superb work, I read few blog posts on this site and I believe that your site is rattling interesting and holds sets of great info .

  14. Yay google is my world beater aided me to find this outstanding site! .

  15. Your home is valueble for me. Thanks!…

  16. I would like to thnkx for the efforts you have put in writing this blog. I am hoping the same high-grade blog post from you in the upcoming as well. In fact your creative writing abilities has inspired me to get my own blog now. Really the blogging is spreading its wings quickly. Your write up is a good example of it.

  17. Its fantastic as your other posts : D, regards for putting up. “What makes something special is not just what you have to gain, but what you feel there is to lose.” by Andre Agassi.

  18. Hey there just wanted to give you a quick heads up.
    The text in your article seem to be running off the screen in Chrome.

    I’m not sure if this is a formatting issue or something to do with web browser
    compatibility but I figured I’d post to let you know.
    The design look great though! Hope you get the problem solved soon. Many
    thanks

  19. Good day! Do you know if they make any plugins
    to assist with SEO? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good success.
    If you know of any please share. Many thanks!

  20. I am really impressed with your writing skills and also with the
    layout on your blog. Is this a paid theme or did you modify
    it yourself? Either way keep up the excellent quality writing, it is rare to
    see a great blog like this one nowadays.

  21. Hello there, just became alert to your blog
    through Google, and found that it’s truly informative.
    I’m going to watch out for brussels. I will appreciate if you continue this in future.
    Lots of people will be benefited from your writing.
    Cheers!

  22. Useful info. Lucky me I discovered your site accidentally, and I’m stunned why this twist of
    fate didn’t took place in advance! I bookmarked it.

  23. Wow, dit post is kieskeurig, mijn zusje is aan het analyseren dit soort
    dingen, deze Ga ik laten weten haar.

  24. This is the perfect site for anyone who wants to find out about this topic.
    You realize so much its almost tough to argue with you
    (not that I actually would want to…HaHa). You definitely put
    a fresh spin on a subject which has been discussed for a long time.
    Great stuff, just excellent!

  25. Exceptional post but I was wanting to know if you could write a litte more on this subject?
    I’d be very thankful if you could elaborate a little bit more.

    Cheers!

  26. Aw, this was a very nice post. Spending some time and actual effort to create a
    good article… but what can I say… I put things off a whole lot and don’t manage to get
    anything done.

  27. I know this if off topic but I’m looking into starting my own weblog and was curious what all is needed to get
    setup? I’m assuming having a blog like yours would cost a pretty penny?
    I’m not very web smart so I’m not 100% positive. Any
    suggestions or advice would be greatly appreciated.

    Appreciate it

  28. I’m gone to inform my little brother, that he should also pay
    a quick visit this website on regular basis to take updated from most up-to-date information.

  29. When someone writes an piece of writing he/she retains the image of a user in his/her brain that how a user can know it.

    Thus that’s why this article is amazing. Thanks!


[top]

Leave a Reply

Your email address will not be published.

WhatsApp whatsapp us