Convenience store value is a function of location, while location desirability can be correlated with gasoline and store sales volume. Consequently, when appraising a convenience store, we weigh historic gasoline volume, and also use (as part of one valuation technique) total sales together with cost of goods sold. This technique conforms with typical investor behavior. Related property appraisals have included truck stops and carwashes.
Convenience Stores
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Project Details
- Categories: Appraisal Reviews, Convenience Stores, Market Studies
Project Description