Shell
1104 1st St E E, Park Rapids, MN 56470
Park Rapids, Minnesota, United States
Address
City: Park Rapids
State: Minnesota
Postal Code: 56470
Country: United States
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
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Wheelchair Accessible
Parking, Restroom, Yes
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
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Gas Station in Minnesota | 3,393 | ~$10.8B | ~$3.2M | ~$2.3M | 4.1★ | 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)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 145 | ~$250.9M | ~$1.7M | ~$631.9K | 888 | ~$71.7M | 5.2× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | ~$154.4M | ~$3.3M | — | 317 | — | — |
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