Business Asset Appraisal

Do you require a professional assessment of what your business assets are worth to secure  financing, buy & sell agreements or for accounting purposes?

No wonder many people are at a loss when it comes to finding a true Fair Market Value of their business assets or leasehold improvements. The market is constantly changing and varies from location to location. There are other factors also that will determine the worth of your business assets, those being: desirability, physical condition, age and appearance. Obtaining a qualified opinion is important for you and your company.

Give us a call, we could be your solution. Our accredited appraisers are skilled professionals with seventeen years of combined experience. Daily exposure to the marketplace and an extensive database combine to bring factual, current market valuation. Working closely with our clients, we ascertain the purpose of the appraisal. Proven methods of valuation and research are applied to deliver our report in a detailed, cost effective format. As a member of the Canadian Personal Property Appraisers Group (CPPAG) we must adhere to a strict code of ethics, which assures our clients a service that can be relied on now, and in the future. We value our reputation for competent, ethical and personal service, our satisfied customers are our best advertising.

Thank you for taking the time to get acquainted with our company and the services we provide. If you require further assistance or information, please call our office and talk to an appraiser. We appreciate your confidence in our company and look forward to being of service to current and new business clients.

Phillip Frank, CPPA

Approaches to Value

Fair Market Value in use is a professional opinion of the estimated most probable price expressed in terms of Canadian Dollars to be realized for property in an exchange between a willing buyer and a willing seller, with equity to both, neither being under any compulsion to buy or sell, and both parties fully aware of all relevant facts, as installed for intended utilization, as of the effective date of the appraisal report.

Cost of Reproduction is a professional opinion of the cost expressed in terms of Canadian Dollars, to purchase a new item of like quality and specifications. If such an item is unavailable, the appraiser has used his or her best judgment in estimating a value as of the effective date of the appraisal.

Orderly Liquidation Value is a professional opinion of the estimated most probable price expressed in terms of Canadian Dollars which the subject equipment could typically realize at a privately negotiated sale, properly advertised and professionally managed, by a seller obligated to sell over an extended period of time, usually within six to twelve months, as of the effective date of the appraisal report. Further, the ability of the asset group to draw sufficient prospective buyers to ensure competitive offers is considered. All assets are to be sold on a piecemeal basis "as is" with purchasers responsible for removal of assets at their own risk and expense. Any deletions or additions to the total assets appraised could change the psychological and/or monetary appeal necessary to gain the value indicated.

Forced Liquidation Value is a professional opinion of the estimated most probable price expressed in terms of Canadian Dollars which could typically be realized at a properly advertised and conducted public auction sale, held under forced sale conditions and under present day economic trends, as of the effective date of the appraisal report. Conclusions taken into consideration are physical location, difficulty of removal, physical condition, adaptability, specialization, marketability, overall appearance and psychological appeal. Further, the ability of the asset group to draw sufficient prospective buyers to insure competitive offers is considered. All assets are to be sold on a piecemeal basis "as is" with purchasers responsible for removal of assets at their own risk and expense. Any deletions or additions to the total assets appraised could change the psychological and/or monetary appeal necessary to gain the value indicated.

Desktop Opinion is a professional opinion of the appropriately defined value, expressed in terms of Canadian Dollars to be realized by the sale of equipment, in which the opinion is generated from inventory lists, photographs and/or other informational materials supplied to the appraiser and evaluated without the benefit of an physical inspection. A Desktop Opinion can be used for some situations but is not appropriate for many appraisal needs where an physical inspection and verification of equipment condition is required for an accurate valuation.