Many assignments involve properties that are closed, underperforming, or mismanaged, and therefore require accurate performance projections that assume competent management. Our experience reviewing thousands of retail petroleum property financial statements is an invaluable resource that aids in properly projecting operating performance for impaired stores.
Both of RPG's principals have appraised retail petroleum properties exclusively for over a decade, and have personally appraised a combined total of almost 3,000 locations. A seasoned veteran inspects every property, conducts the entire analysis, and oversees the writing of every report, start to finish.
In addition to holding MAI designations, both of RPG'S principals also maintain the ASA designation, one of five designations that meets the regulations imposed by the US Small Business Administration's 2014 SOP. We can also tailor our work product to facilitate your assembly of an SBA loan package.
Our work is concentrated in the Southeastern United States. We know these markets well, and we maintain an extensive database of current land sales, improved sales, bay rentals, development cost data, operating expenses, and revenue comparables specific to our coverage area.
We specialize in the appraisal of owner-occupied and leased retail petroleum outlets with convenience stores throughout the Southeastern United States. Our team of veteran c-store appraisers have the experience to properly analyze both property and submarket-specific factors that drive the going concern value of any given outlet. As a result, we produce high-quality appraisals for our clients on time, every time.
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