Nugegoda, Colombo, Sri Lanka
+94 112 77 82 59 / +94 773 043 493
The In and out filling station
Home >> The In and out filling station

Project Information :

Place:

Hidd area

Category:

Valuation

The In and out filling station in the Hidd area

This project prominently exhibits eight dispensers for Mumtaz and Jayed gasoline, including Super 98 (Diesel). A sprawling retail area of 1,850 square meters is supplemented by a mezzanine level, comprehensive automobile service centers, a well-equipped garage, a conveniently placed small grocery, two inviting coffee shops, and three efficient drive-through restaurants. A bank came to us with a specific request: to assess the Market Value of a recently constructed property. We aimed to establish a complete valuation using only architectural drawings and built-up area specifications.

We investigated the property’s unique dynamics by leveraging our exclusive in-house data and conducted a full on-site market survey. We thoroughly examined vehicle traffic patterns during peak and off-peak hours to determine typical turn-in rates and the proportionate consumption of various gasoline kinds, taking into account their profit margins. We began a comprehensive evaluation process by drawing insights from our substantial in-house database of similar developments.

Our strategy included using the Discounted Cash Flow (DCF) methodology for retail spaces, the Profit Method for the fuel business (augmented by DCF analysis), and the Traditional Investment Method for the remaining commercial units, all of which were carefully evaluated. This extensive technique demonstrated our dedication to provide a detailed and comprehensive valuation, converting difficult challenging data into a clear and insightful Market Value assessment.