Can Petro Stopping Center exclude a franchisee and their personnel from the Petro Stopping Center site in case of default?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
- (iii) to exclude you and your Personnel from the Site or other Collateral;
Source: Item 14 — Other investments (FDD pages 131–208)
What This Means (2025 FDD)
According to the 2025 Petro Stopping Center Franchise Disclosure Document, in the event of a franchisee's default, Petro Stopping Center has the authority to exclude the franchisee and their personnel from the Petro Stopping Center site. This action is part of the broader rights Petro Stopping Center retains to manage and control the site in order to address the default.
Specifically, Petro Stopping Center can take possession of the site, including all furniture, fixtures, inventory, and records. They can enter and maintain possession of the Petro Center, and operate and manage the business. This includes the power to take actions deemed necessary to cure the default, such as actions of forcible entry or detainer.
This provision grants Petro Stopping Center significant control over the franchise location upon default, allowing them to protect their investment and brand. For a prospective franchisee, this highlights the importance of adhering to the franchise agreement and avoiding default, as the consequences can include losing access to the business and assets.