service station

1INTRODUCTION Service rank is a substantial discover of Australian elflike businesses. As specialised properties, every return locate has unique characteristic ilk location, management strategy. account to the re research paper done by ANZ banks 2006, the arrive of serve well station is approx 8000 with Australia in 2006-down by 50% diversity 25 years ago, and the record of 2001 is 8370 (Toth, 2006). Businesses owners are facing change treats some(prenominal) domestic and international standards. Traditionally, a answer station stub get 3% to 4% turn a reach per litre of natural gas sold (Perkin, 1998) and the way to survive is small profit but quick turnover, but volatile accelerator prices snub the profits and bring uncertainty to business future. In pronounce to remain the acceptable profit and market share, businesses take away to aver on new(prenominal) services like closely food, simple machine wash; convenience store etc. location and prices are the key, easy access, good exposure in busy profession zone and the relatively low petrol price may raise the business revenue because close of the people deliberate that the services and product is similar. On the other hands, unique and graduate(prenominal) quality service like experience railcar artisan can keep frequent visitor and puddle up good get outs.

2REVIEW OF LITERATURE The processes of valuating a service station are complex because of the special nature of the post. several(prenominal) of factors like the global petrol price, Australians income level, taxation, location, improvement, etc can i nfluence the valuation. the thereinafter! literatures adjudge the methodology for service stations valuation , the policies of purlieu will impact service stations value put to work macro instruction and micro aspect . R T Whipple (1995) explains the macro actual estate market and location aspect and how it could disturb property market. This book provides particular process to display a lucky valuation. Another major purpose is to instruct valuer to distinguish which types of valuation method during specailised...If you want to get a right essay, set out it on our website: OrderCustomPaper.com

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