factual

What is the estimated cost range for the leasing 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 for a leasing review fee ranges from $0 to $7,500. This fee is paid as a lump sum and is due as incurred. The payment is made to Petro Franchise.

This means that a new Petro Stopping Center franchisee may need to budget up to $7,500 for the leasing review fee. The fee covers Petro Franchise's costs for reviewing the lease agreement for the property. The actual amount will depend on the complexity of the lease and the amount of review required by Petro Franchise.

As the fee is 'as incurred', the franchisee will need to pay the fee as the review process takes place, rather than all upfront. This could help with cash flow during the initial setup phase. It is important for prospective franchisees to discuss with Petro Stopping Center what factors determine the actual amount charged for the leasing review fee and to understand the scope of the review that Petro Franchise will conduct.

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.