In February 2015, EAC was awarded both Business Valuation & Machinery and Equipment contracts for a laundromat located in Philadelphia. The valuation relied upon both descriptive and financial data provided to us in response to questionnaires and in person interviews with management personnel. The purpose of this appraisal was to determine the Fair Market Value of assets to provide a basis for SBA financing. The appraisal was conducted and all reports were prepared in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP).
‣ Industry: Laundromat
‣ Standard of Value: Fair Market Value