factual

What is the estimated cost range for the financing review fee for a Petro Stopping Center?

Petro_Stopping_Center Franchise · 2025 FDD

Answer from 2025 FDD Document

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ESTIMATED INITIAL INVESTMENT

YOUR ESTIMATED INITIAL INVESTMENT FOR THE RENOVATION AND CONVERSION OF AN EXISTING TRAVEL CENTER INTO A PETRO CENTER1

Type of Expenditure Amount Method of Payment When Due To Whom Paid
Initial Franchise Fee $80,000 – $130,000 Lump Sum At signing of the Franchise Agreement Petro Franchise
Opening Extension Fees2 $0 – $120,000 Lump Sum At signing of the Franchise Agreement or upon subsequent agreement as to an extension Petro Franchise
Training3 $7,000 – $35,000 As Arranged As Incurred Transportation Lines, Hotel, Restaurants, Employee Wages
Opening Assistance4 $10,000 - $30,000 As Arranged As Incurred Petr

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 32–37)

What This Means (2025 FDD)

According to Petro Stopping Center's 2025 Franchise Disclosure Document, the estimated initial investment includes a financing review fee ranging from $0 to $7,500. This fee is paid in a lump sum to Petro Franchise and is due as incurred.

The financing review fee covers Petro Stopping Center's costs to review a franchisee's financing arrangements. The fact that the fee can be $0 suggests that it may not be required in all cases, possibly depending on the complexity or source of the franchisee's funding.

A prospective franchisee should clarify with Petro Stopping Center under what circumstances the financing review fee is charged and what services are provided in exchange for the fee. Understanding the specific triggers for this fee will help in accurately budgeting the initial investment.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.