Commercial Laundry Machinery and Equipment Appraisals
Collateral Evaluation Associates, Inc. recently completed an appraisal of the machinery and equipment of a commercial laundry and dry cleaning operation. The machinery and equipment included washer extractors, dryers, dry cleaning machines/systems, presses and support equipment manufactured by well known industry names such as Forenta, Hoffman, Milnor, Unipress, etc.
Appraisal Conclusion: Concluded values were high due to improved market conditions, as well as the relatively newer age and good condition of the subject assets. The industry is notoriously rough on equipment, and onsite inspections are advisable!