Gear & Goodwill

Industries

Fitness centers and gyms

Strength and cardio equipment, turf, flooring and studio equipment. Valued for SBA loans, acquisitions and franchise transfers.

What we value

Typical assets

  • Racks, rigs, benches and plate-loaded machines
  • Selectorized strength machines
  • Treadmills, bikes, rowers and ellipticals
  • Dumbbells, plates and free weights
  • Turf, rubber flooring and studio equipment

What matters

Issues we address in these reports

  • Leased cardio. Cardio fleets are often leased. Ownership is confirmed before valuation.
  • Flooring and turf. Glued-down flooring and turf usually have little or no value once removed. The report says how they are treated.
  • Commercial versus consumer grade. Commercial-grade equipment holds value. Consumer-grade pieces are valued accordingly.
  • Lots. Free weights and accessories are counted and valued as lots.

Premises

Values reported

Fair market value in continued use, orderly liquidation value and forced liquidation value, as engaged, with liquidation costs and net recovery when the lender requests them. How the premises differ.

Desktop or with a site visit. See what we need to start.

Have an assignment?

Send the asset list or company name and the intended use. You will get scope, fee and timing back by email, the same business day.