In 2024, how many Petro Stopping Center outlets in Alabama were acquired from franchisees?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Acquired from Franchisees | Outlets Closed | Outlets Sold to Franchisees | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| 2022 | 3 | 0 | 0 | 0 | 0 | 3 | |
| Alabama | 2023 | 3 | 0 | 0 | 0 | 0 | 3 |
| 2024 | 3 | 0 | 1 | 0 | 0 | 4 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 79–87)
What This Means (2025 FDD)
According to Petro Stopping Center's 2025 Franchise Disclosure Document, in 2024, one outlet in Alabama was acquired from a franchisee. The table provided in Item 20 of the FDD details outlet information, including acquisitions by the franchisor. This indicates a change in ownership from a franchisee to Petro Stopping Center itself.
For a potential franchisee, this information is relevant for understanding the dynamics of outlet ownership within the Petro Stopping Center system. The acquisition of a franchise by the franchisor could be due to various reasons, such as the franchisee's decision to exit the business, performance issues, or strategic decisions by Petro Stopping Center.
It is important to note that while one location was acquired from a franchisee, the total number of Petro Stopping Center locations in Alabama increased from 3 to 4 during 2024. This suggests that while one location changed ownership from a franchisee to the franchisor, another new location was added in the same year. A prospective franchisee should inquire about the reasons behind any acquisitions and closures to better assess the stability and growth opportunities within the Petro Stopping Center franchise system.