What was the amount of non-cash consideration in the sale of Petro Stopping Center businesses in 2024?

Based on the 2025 Franchise Disclosure Document, the proceeds from disposals of businesses in 2024 for Petro Stopping Center included $1,331 million relating to prior period disposals in Alaska. At the end of 2024, deferred consideration relating to these disposals amounted to $6 million receivable within one year and $165 million receivable after one year. Additionally, contingent consideration receivable relating to disposals was $0 at the end of 2024.

Deferred consideration represents payments that Petro Stopping Center will receive in the future, while contingent consideration depends on specific future events or performance metrics being met. The deferred consideration is split into amounts receivable within one year ($6 million) and amounts receivable after one year ($165 million), indicating the timing of expected future payments. The absence of contingent consideration at the end of 2024 suggests that any potential payments tied to future events were either already settled or not expected to materialize.

For a prospective Petro Stopping Center franchisee, understanding these figures provides insight into the financial activities of the parent company. While these transactions do not directly involve franchise operations, they reflect the overall financial management and strategic decisions of the company, which can indirectly impact franchisees. Knowing the amounts and terms of deferred and contingent consideration can help franchisees assess the financial stability and long-term planning of Petro Stopping Center.

It is important to note that these figures relate to disposals of businesses and fixed assets at the corporate level and not to individual franchise locations. Franchisees should focus on understanding how Petro Stopping Center's overall financial health and strategic direction may affect their franchise operations, support systems, and brand reputation.