Do you know the value of your fixed assets?

 

We can help you with that question.

 

 

Machinery & Equipment Appraisals

 

- Services Available Nationwide -

 

 

 

Telephone (800) 373-1210

 

Fax (800) 229-5143

 

Click Here to Contact Us, or Email Us at [email protected]

24/7 for a Free Consultation

 

We provide appraisals of various types of machinery & equipment.  Industries covered include.

Manufacturing
● Metalworking
● Woodworking
● Plastics

 

 

Industrial

● Construction
● Agricultural
● Sanitation

 

 

Technical
Medical
● Dental
● Research

 

 

Logistics

● Trucking
● Shipping
● Distribution

 

We also provide appraisals of various types of business personal property.  Asset types valued include.

● General Office FF&E
● Professional Practice FF&E

● Restaurant & Bar FF&E

 

 

 

 

Appraisals of machinery & equipment and business personal property are ordered for a variety of reasons. Some of these situations may include.

● Accounting & Financial Reporting

● Acquisitions & Mergers

● Buy / Sell Agreements
● Corporate Planning
● Divestitures
● Estate Planning Matters

● Estate Tax Matters

● Fair Value Measurements

● Financing / Loan Collateral
● Gift Tax Matters

 

 

Depending upon the situation surrounding the need for the appraisal. The value concept researched and estimated may be one of the following.

● Fair Value
● Fair Market Value
● Fair Market Value-Installed
● Fair Market Value-Removed
● Fair Market Value in Continued Use
● Liquidation Value in Place
● Orderly Liquidation Value
● Forced Liquidation Value
● Salvage Value
● Scrap Value

 

USPAP Compliant, Competent & Certified
We are USPAP (Uniform Standards of Professional Appraisal Practice) compliant, competent and certified.  Team members have taken machinery & equipment appraisal courses through recognized organizations including the American Society of Appraisers and other international recognized organizations.  Various team members hold certifications from recognized professional organizations such as the Certified Appraisers Guild of America.  Team members have developed competency in the property type they analyze & service provided.  All reports are certified by an accredited individual.

 

The education and experience of team members exceeds the voluntary "Appraiser Minimum Qualification Criteria" adopted by the Appraiser Qualifications Board (AQB) of The Appraisal Foundation for each respective area of practice.  Since we are USPAP (Uniform Standards of Professional Appraisal Practice) certified, reports are completed in accordance with these guidelines.  We are required to re-certify in USPAP content on a periodic schedule.

 

Qualifications of Principal
The principal of Schreiner Valuation Resources LLC is Bill Schreiner.  Mr. Schreiner has over twenty-eight (28) years of diverse experience in the appraisal, valuation, and consulting professions.  His machinery & equipment appraisal experience to date includes valuation of entire plants and individual assets from numerous industries.  A brief listing of his qualifications are noted below.  A more detailed CV is available upon request.

 

Bill Schreiner

●  CAGA Certified Member Designation in the personal property discipline from the Certified Appraisers Guild of America.

●  Machinery & equipment appraisal education includes the following.

     - American Society of Appraisers, Washington, DC.

        Course ME 201 Introduction to Machinery & Equipment Valuation.

        Course ME 202 Machinery & Equipment Valuation Methodology.

     - University of British Columbia, Sauder School of Business, Vancouver, British Columbia.

        Course 118 Machinery & Equipment Valuation.

     - International Society of Appraisers, Chicago, Illinois.

        Medical Equipment Webinar.

        American Furniture Webinars.

     - National Auctioneers Association, Overland Park, Kansas.

        Valuation of Industrial and Heavy Equipment Webinar.

     - Association of Machinery & Equipment Appraisers, Alexandria, Virginia.

        Fair Value Webinar.

        Scope of Work Webinar.

        Yellow Iron Webinar.

        Packaging Equipment Webinar.

     - Royal Institute of Chartered Surveyors, London, England, United Kingdom.

        Valuation of Plant & Equipment under IFRS Accounting Standards Webinar.

     - Certified Appraisers Guild of America, Grandview, Missouri.

        Certification Course in Personal Property Appraisal.

●  Certificate in Business Valuations (CertBV) from the Association of Chartered Certified Accountants.

●  Member - Business Valuation Association.

●  Business valuation education includes course work completed thru the Association of Chartered Certified Accountants, the National Association of Certified Valuators & Analysts, the University of British Columbia, and the New York Institute of Finance.

●  Certified General Appraiser License from the State of Indiana Professional Licensing Agency.

●  CCRA Certified Commercial Real Estate Appraiser Designation from the National Association of Real Estate Appraisers.

●  CREA Certified Real Estate Appraiser Designation from the National Association of Real Estate Appraisers.

●  Real estate appraisal & consulting education includes course work completed thru the Appraisal Institute, McKissock Education, National Highway Institute, Marshall & Swift, and KBKG Education.

●  Member - Society of Utility and Regulatory Financial Analysts.

●  Member - National Rural Water Association.

●  Management Certificate from Loyola University, School of Business Administration, Chicago, Illinois.
●  Over twenty-eight (28) years of diverse experience in the appraisal, valuation, and consulting professions.

●  Previously held the position of Senior Appraiser in a regionally based accounting & consulting firm.
●  United States Marine Corps Veteran (Honorable Discharge from Active Duty and Service-Connected

    Disabled Veteran Rating from the Department of Veterans Affairs).

 

 

Qualifications of Key Associate
Mr. Schreiner's key associate in the commercial & industrial personal property appraisal section of his practice includes Frederick Gulmire.  Mr. Gulmire undertakes and assists in various types of commercial & industrial personal property appraisal assignments.  A brief listing of his qualifications are noted below.  A more detailed CV is available upon request.

 

Frederick Gulmire
●  Certified Real Estate Appraiser License from the State of Indiana Professional Licensing Agency.
●  Auctioneer License from the State of Indiana Professional Licensing Agency.

●  Real Estate Broker License from the State of Indiana Professional Licensing Agency.

●  ASCA Certified Member Designation in the personal property discipline from the Auctioneers Society of Certified Appraisers.

●  Bachelor of Science Degree From Ball State University.

 

 

Qualifications of Other Associates
Additional associates located through-out the United States are brought in on a case-by-case basis for specific assignment requirements.  These associates include; designated machinery & equipment appraisers, designated personal property appraisers, and field service & inventory specialists.  Detailed CVs will be provided on any other associates attached to a particular assignment.

 

Client Confidentiality
Clients are always concerned with the confidentiality of their records and assignment results. As accredited  appraisers and members of various professional organizations, we are bound by the confidentiality clause of the Uniform Standards of Professional Appraisal Practice (USPAP).  USPAP requires that we maintain the confidentiality of all conversations, documents provided, and the contents of reports, subject to legal or administrative processes or proceedings.

Appraisal Methodology
In the appraisal of commercial & industrial personal property (machinery, equipment & business assets) there are three (3) generally accepted approaches to value (market, cost & income approaches).  Two (2) of which are widely utilized (market & cost), with the third (income) being used in special circumstances.

The most widely used and accepted approach is the market approach.  This approach considers prices recently paid (or currently asked) for similar items with adjustments made to indicated market prices to reflect certain conditions of the comparables in contrast to the subject items.  This approach is appropriately employed when valuing assets which are commonly bought and sold in arm's length transactions.

The second most widely accepted approach is the cost approach.  This approach is utilized when valuing assets not commonly traded.  In such situations, the cost approach is generally the only reliable approach to value.  Under this approach, the cost to reproduce or replace the assets in question is considered.  From this amount, an allowance is deducted for the total loss in value, as of the effective date of valuation, due to any depreciation or obsolescence present, whether arising from physical, functional or economic causes.

The least utilized approach to value for machinery & equipment is the income approach.  This approach is applicable when an income & expense stream can be identified (and isolated) for the subject asset or grouping of assets.  This approach considers the value of an asset or grouping of assets in relation to present value of the future economic benefits derived from ownership.  This is normally measured by capitalizing the future benefits into an indication of value.

Depending upon the situation surrounding a valuation and the data available.  My associates and I will help you sort through this methodology to a clear understanding of the value to be estimated and the approaches to be applied.

The types of data utilized in the performance of machinery & equipment and business personal property appraisals vary widely depending upon the specific appraisal problem.  These sources include the following.

● Prices recently paid for similar items.

● Current listing prices for similar items.

● Recent auction results.

● Published price guides.

● Catalog prices.

● Dealer quotes.

 

We subscribe to numerous print media and online databases for new and used pricing information.  Resources for this data are always expanding, given the reach of the information age.  This all goes together to form a solid basket of market information to form the basis of estimated values.  Each written reports will list the specific references for the engagement that were relied upon for pricing information.

There are two (2) basic types of appraisals performed for machinery & equipment.  These include "desktop appraisals" and "field appraisals".

A "desktop appraisal" does not require a physical inspection of the subject assets.  In this type of analysis the appraiser relies upon listing and illustrative information supplied by the client to identify the assets to be appraised.  The appraisal analysis and report are performed "at a distance" from the appraiser's office.

A "field appraisal" involves an inspection of the subject assets.  In this type of analysis the appraisers gathers data in the field and reconciles it with the client supplied information.  This type of analysis is much more detailed in scope, given the field inspection component.

There are two (2) basic types of written appraisal reports produced for machinery & equipment appraisal assignments.   These include the following; 1) the "restricted appraisal report" narrative, 2) the "appraisal report" narrative.

 

A "restricted appraisal report" narrative presents "statements & basic illustrations" relative to the data, reasoning, and analyses that were used in the appraisal process to develop the opinion of value.  Supporting documentation concerning the data, reasoning, and analyses are typically enclosed within the file for the assignment.  This report is suitable for "internal uses only" by the named client.  It is not suitable for intended uses where third party users may need to review the report.

 

An "appraisal report" narrative presents "summary discussions & illustrations" of the data, reasoning, and analyses that were used in the appraisal process to develop the opinion of value.  Supporting documentation concerning the data, reasoning, and analyses are typically enclosed within the addenda of the report (and more fully documented in the the file for the assignment).  This report is suitable for a number of intended uses and is appropriate when third party users may need to review the report.

 

Fees & Timing
Typical fees for assignments can range widely dependent upon the scope of the analysis and type of report agreed upon with the client.  An indication of typical fee ranges in noted as follows.

Machinery & Equipment Assignments

● Small sized shops & companies ($1,200 to $2,500).

● Medium sized shops, companies & plants ($1,800 to $4,000).

● Large sized plants & companies ($3,500 to $15,000).

 

Business Personal Property Assignments

● FF&E for small sized offices, shops & companies ($850 to $1,200).

● FF&E for medium sized offices, shops & companies ($1,200 to $2,500).

● FF&E for large sized offices, shops  & companies ($2,500 to $5,000).

 

Timing for completion of assignments can range from a few days to a month, dependent upon the size & complexity of the engagement.  A solid fee & timing quote can be provided with some basic information about the appraisal assignment and asset pool to be valued.

Disabled American Veteran Owned - Schreiner Valuation Resources (SVR) is a Disabled American Veteran owned business.  Bill Schreiner, who owns 100% of Schreiner Valuation Resources is; 1) an Honorably Discharged Veteran of the United States Marine Corps, 2) has a Service Connected Disability rating from the Department of Veterans Affairs (VA), 3) is a member of the Disabled American Veterans (DAV) organization, and 4) is a member of the National Veteran Owned Business Association (NaVOBA).

 

Schreiner Valuation Resources, LLC

Telephone (800) 373-1210

Facsimile (800) 229-5143

i[email protected]

 

Services Available Nationwide - Machinery & equipment appraisals available in Alabama, Alaska, Arizona, Arkansas, California, Colorado, ConnecticutDelaware, Florida, Georgia, Hawaii, Idaho, Illinois, IndianaIowa, Kansas, Kentucky, Louisiana, MaineMassachusetts, Maryland, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New JerseyNew Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, VirginiaWashington, Washington DC, West Virginia, Wisconsin, and Wyoming.

Services Available in Major Markets - Chicago, Atlanta, Boston, Charlotte, Cleveland, Dallas, Denver, Ft Myers, Houston, Kansas City, Las Vegas, Los Angeles, Memphis, Miami, Minneapolis, New York, Orlando, Phoenix, Salt Lake City, San Francisco, Tampa, and Washington DC.

 

 

Web Analytics