ASSET CLASS
Restaurant Equipment Appraisal
Restaurant equipment appraisal services covering commercial cooking lines, refrigeration systems, food prep machinery, and warewashing equipment, prepared in accordance with USPAP. Millwright Equipment Appraisers appraises commercial ranges, walk-in coolers, combi ovens, and ice machines across restaurants, bars, and food service operations nationwide.
Restaurant equipment appraisal is the formal valuation of the machinery and fixtures that run a commercial kitchen, from ranges, fryers, and combi ovens to walk-in coolers, ice machines, and dishwashing lines. Our appraisers determine the value type your situation calls for, whether fair market, orderly liquidation, or forced liquidation, then document the market evidence behind that figure in a written report prepared in accordance with USPAP (Uniform Standards of Professional Appraisal Practice).
Lenders, insurers, buyers, sellers, and attorneys rely on our restaurant equipment appraisals when an independent, defensible number has to hold up under scrutiny. Whether the assets are a single reach-in refrigerator, a complete kitchen build-out, or the equipment across a multi-unit restaurant group, we build the conclusion on comparable sales, auction results, and dealer data rather than book cost.
EQUIPMENT COVERED
Millwright Equipment Appraisers Appraises All Types of Restaurant Equipment, Including Commercial Ovens, Walk-In Coolers, and More
Our appraisers value the full range of equipment found across restaurants, bars, bakeries, and commercial food service operations:
Cooking & Heating
- Commercial ranges
- Combi and convection ovens
- Deep fryers
- Griddles and charbroilers
- Salamanders and broilers
Refrigeration
- Walk-in coolers and freezers
- Reach-in refrigerators
- Blast chillers
- Ice machines
- Prep and display refrigeration
Food Preparation
- Planetary and spiral mixers
- Meat slicers
- Food processors
- Buffalo choppers
- Stainless prep tables
Warewashing & Sanitation
- Conveyor dishwashers
- Undercounter dishwashers
- Three-compartment sinks
- Glass washers
Bakery & Pizza
- Deck and conveyor ovens
- Dough sheeters and dividers
- Proofers and retarders
- Pizza prep stations
Beverage & Service
- Espresso and coffee systems
- Soda and beverage dispensers
- Draft beer systems
- Holding and steam tables
METHODOLOGY
From On-Site Inspection to USPAP Report: How We Value Restaurant Equipment
- 01
Request and scope
Tell us the equipment, the purpose, and the deadline. We confirm the value type and the credential your use case requires.
- 02
Inspection and data
We inspect on site or review detailed photos, nameplates, model and serial numbers, and service records to document each asset's condition.
- 03
Market analysis
We analyze comparable sales, restaurant auction results, and dealer data for used food service equipment to support a defensible value conclusion.
- 04
USPAP report
You receive a written report prepared in accordance with USPAP, ready for your lender, insurer, court, or tax filing.
INTENDED USE
Millwright Equipment Appraisers Offers Restaurant Equipment Appraisals for SBA Financing, Insurance Claims, and Restaurant Closures, and More
SBA & Bank Financing
Collateral valuations prepared to meet SBA and commercial lender requirements for restaurant acquisition loans and refinancing.
Insurance Coverage & Claims
Replacement and actual cash value documentation for scheduling coverage or supporting a fire, flood, or equipment loss claim.
Restaurant Sale & Acquisition
Independent fair market value to price a sale, support a purchase, or negotiate a business or asset transaction.
Closure & Liquidation
Orderly and forced liquidation values for restaurant closures, asset-based lending, and workouts.
Estate, Divorce & Litigation
Defensible values for estate settlement, probate, and equitable distribution.
CREDENTIALS
Restaurant Equipment Appraisals Backed by ASA and CMEA-Credentialed Appraisers
Our appraisers hold designations with leading professional bodies and prepare every restaurant equipment appraisal in accordance with USPAP.
ASA
Certified Machinery & Equipment Appraiser (CMEA)
CAGA
USPAP-Compliant
COMMON QUESTIONS
Common Questions About Restaurant Equipment Appraisals
How do you appraise used restaurant equipment?
We start with each asset's identity and condition, verifying make, model, serial number, and service history through an on-site inspection or detailed photos. We then analyze recent comparable sales, restaurant auction results, and dealer listings for similar ranges, refrigeration, and prep equipment, and document the market evidence behind the value in a written report prepared in accordance with USPAP.
How do age and condition affect restaurant equipment value?
Physical wear from heavy daily service matters, but brand, demand, and remaining useful life often matter more. A well-maintained combi oven or walk-in compressor from a sought-after manufacturer can hold value well, while gaskets, finishes, and heavily used fryers and griddles depreciate faster. We weigh condition, maintenance, and current market demand for that specific equipment type.
Can you appraise the equipment in an entire restaurant or multiple locations?
Yes. We appraise single pieces, a complete kitchen build-out, and the equipment across a multi-unit restaurant group. For larger engagements we provide per-asset values suitable for financing, a sale, a liquidation, or an estate, along with a schedule your lender, buyer, or court can review line by line.
Do you report fair market value or liquidation value for restaurant equipment?
It depends on your purpose. Financing, insurance, and a going-concern sale typically call for fair market value, while a restaurant closure, relocation, or forced-sale scenario calls for orderly or forced liquidation value. We confirm the correct value type before we begin so the report fits its intended use.
What information do you need to get started?
Send us an equipment list with make, model, and approximate age, along with photos, the purpose of the appraisal, and your deadline. Nameplate details and any service or purchase records help us document condition and reach a defensible conclusion.
How long does a restaurant equipment appraisal take?
Turnaround depends on the number of assets and whether an on-site inspection is needed. Smaller engagements are typically completed within a week, while larger kitchens and multi-location groups usually take two to three weeks. Tell us your deadline, whether it is a loan closing, tax filing, or court date, when you request the appraisal and we will confirm up front whether we can meet it. Expedited service is available.
Get Started
Request an Appraisal
Tell us about your restaurant equipment and we will respond within one business day.