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I. General Information
Type of Business: Appraisal, Auction, Liquidation
In Business Since: 1973
Trade Associations: American Society of Appraisers (ASA), Association of Machinery & Equipment Appraisers (AMEA), Machinery Dealers National Association (MDNA), American Bankruptcy Institute (ABI), Turnaround Management Association (TMA), Investment Recovery Association (IRA), National Auctioneers Association (NAA), California State Auctioneers Association (CSAA), Southern California Auctioneers Association (SCAA)
Description:
Great American Group’s Machinery & Equipment division performs liquidation value, market value, and continued-use appraisals of commercial and industrial equipment across a broad spectrum of commodities. Leveraging the experience and sales data of Great American Group’s highly active industrial liquidation group, the appraisal team expediently performs field inspections of multiple plant or terminal locations across the continent, followed by diligent valuation research and market analyses in order to provide USPAP complaint appraisal reports in a timely manner. In addition to its in-house comparable sales data, the team draws upon market insight provided by a vast network of active used equipment dealers and other commodity-specific advisors. For liquidation value appraisals, which constitute a majority of the firm’s activities, Great American Group goes beyond providing gross value by projecting the costs and fees associated with conducting a liquidation sale in order to arrive at an indication of the net recovery value. The company is approved as an appraisal service provider by a majority of the nation’s leading asset-based lenders.
For information on how to have your company listed in our ABL Services Directory,
please contact Denise Finegan at 610.293.1300 x120 or e-mail
denise@abfjournal.com
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