Shell

4.3★★★★☆(24 reviews)

1104 1st St E E, Park Rapids, MN 56470

Park Rapids, Minnesota, United States

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Business facts

Estimated annual revenue~$3.3M
Estimated employees~10
Estimated wage bill~$204.5K
In business since2016 (est.)
Estimate based on strong signals

Area statistics (56470)

Population10,653
Median household income$65,305
Source: US Census ACS

About

Shell is located in Park Rapids, Minnesota. This business is working in the following industry: Gas Station.

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Credit Cards
Debit Card, Discover, Mastercard, NFC
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Price
$$
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Restroom
Yes
Wheelchair Accessible
Parking, Restroom, Yes
Categories: Gas Station, Car Wash, Convenience stores.
ISIC Codes: 4520, 4711, 4730.

Market analysis

Earning above its category median in a growing category (Gas Station).

EstimateCategory trend: 2021, +7.9%

Revenue trend (modeled)

~$2.3M2019
~$2.5M2020
~$2.7M2021
~$3.0M2022
~$3.1M2023
~$3.3M2024
Modeled from category averages for the region+7.8%/yr since 201980% confidence band: ±68%

Property

Lot size0.89 acres
CountyHubbard
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Gas Station in Minnesota3,393~$10.8B~$3.2M~$2.3M4.1★1.4×
Category revenue trend2021: +7.9%2020: +5.1%2019: +5.1%Modeled from business-level estimates
Chain pressure60 chains expanding in this category, led by Holiday, Circle K, Speedway (+1,164 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)145~$250.9M~$1.7M~$631.9K888~$71.7M5.2×
Wholesale and retail trade; repair of motor vehicles and motorcycles47~$154.4M~$3.3M317

1 km area (all businesses): median from the 126 of 145 businesses with estimates

Estimate

Area conditions (56470)

Population10,653 ±260
Median household income$65,305 ±$3,168
Median home value$253,900
Bachelor's degree or higher0.3%
Unemployment rate0.0%
Source: US Census ACS
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