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C-Store Valuations

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Video Insights 

These video clips illustrate from a variety of perspectives some of the current issues in the appraisal and valuation of convenience stores and gas stations.  These files are formatted for quick download.  Please click the links below to view.

NEW!  ACCESS DEGRADATION is explored in two new videos:  No. 8 and No. 9.

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 1.  Development Process

Kelly Feil, an owner-operator, explains the development process for a new c-store.  From site acquisition and zoning, to oil company branding, and exterior design requirements, this video illustrates the typical issues involved with a convenience store construction project. (4 min).

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Please Click Here to View Video No. 1

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2.  Supply and Demand

A new, nationally-branded convenience store with a construction cost of over $1.5 million closed within the first two years after opening.  Why?  Robert Bainbridge explains how supply and demand in the local market can be measured to avoid this critical mistake.  (5 min).

 

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Please Click Here to View Video No. 2

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3.  Hypermarket Competition

The most devastating competitive development this decade, this is the story of one operator’s struggle to adjust to hypermarket (big box) competition.  Hypermarkets, such as Walmart and Costco, are changing the way we buy gasoline.  Dick Skewis looks for alternative profit centers in this video entitled, "Massacre". (5 min).

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Please Click Here to View Video No. 3

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4.  What Should be in an Appraisal of a C-Store:  A Lender’s Perspective

John Safstrom is one of nation’s most knowledgeable c-store lenders.  In this video, he outlines the elements that should be included in an appraisal of a convenience store or gas station. (8 min).

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Please Click Here to View Video No. 4

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5.  A Business Appraiser’s Perspective

Business appraisals and real estate appraisals do not always use the same methodology.  In this video, Paul Hyde presents a business appraiser’s perspective on the valuation of convenience stores and gas stations.  Mr. Hyde is an expert business appraiser. (12 min).

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Please Click Here to View Video No. 5.

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6.  Retail Site Analysis

Amanda Barber, a Fellow of the Royal Institution of Chartered Surveyors and an expert in the valuation of petrol stations in the United Kingdom, in this video outlines the important factors to consider in retail site analysis. (5 min).

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Please Click Here to View Video No. 6

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7.  Below-Cost Selling

What does a traditional c-store operator do when big box retailers are selling gasoline below his cost?  Kelly Feil experienced this situation and in this video he describes his predicament and concern. (2 min).

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Please Click Here to View Video No. 7.

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8.  Access Degradation:  ROUNDABOUTS 

NEW!  Although relatively new in the USA, roundabouts have been used in England for many years.  Phillip Plato, a member of the Royal Institution of Chartered Surveyors in the U.K., explains how a petrol station in Hemel-Hempstead, England closed as a result of increased traffic volumes and congestion at a roundabout. (2 min).

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Please Click Here to View Video No. 8

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9.  Access Degradation:  RAISED MEDIANS

NEW!  Raised medians are one of the most detrimental access impairments for gas stations.  Sharon Grisham, a gas station manager, describes how a newly-built median caused the closing of her store in Ontario, Oregon.  This video was presented at the 2010 ALI-ABA “Eminent Domain and Land Value Litigation” conference. (4 min).

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Please Click Here to View Video No. 9

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©COPYRIGHT 2004-2015 ROBERT E. BAINBRIDGE  All Rights Reserved.