Tenant Description
Costco Wholesale Corporation, is an American multinational corporation which operates a chain of membership-only warehouse clubs. As of 2015, Costco was the second largest retailer in the world after Walmart. Costco is ranked #15 on the Fortune 500 rankings of the largest United States corporations by total revenue.
Costco’s worldwide headquarters are in Issaquah, Washington, a suburb east of Seattle; the company opened its first warehouse in Seattle 36 years ago in 1983.
Costco focuses on selling products at low prices, often at very high volume. These goods are usually bulk-packaged and marketed primarily to large families and businesses. Most products are delivered to the warehouse on shipping pallets and these pallets are used to display products for sale on the warehouse floor. This contrasts with retail stores that break down pallets and stock individual products on shelves.
What To Look For When Buying A Costco
Sales Reporting
What We Like About Costco
Usually picks great real estate and has strong customer base
Competition
What Is Sold In A Costco
Food, Electronics, Computers, Furniture, Outdoor Living, Appliances, etc. They are a whole seller of almost anything.
Costco Website
Corporate Office Location
999 Lake Dr – Issaquah, WA 98027
Fast Facts
Costco’s annual membership fees account for 80 percent of Costco’s gross margin and 70 percent of its operating income.
As of January 2019, Costco operates 750+ stores. 500+ in the United States, 100+ in Canada, 40+ in Mexico, 25+ in the United Kingdom, 25+ in Japan, 15+ in South Korea, 10+ in Taiwan, 10+ in Australia, and they even operate one off stores in Spain, Iceland, France,
