What expenses does the Petro Stopping Center transfer fee defray?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
be bound by all of the terms and conditions of this Agreement;
- (g) the transferee must have entered into our then-current form of franchise agreement and such other then-current ancillary agreements as we may require. The thencurrent form of franchise agreement may have significantly different provisions including a higher royalty fee and advertising contribution than that contained in this Agreement. The then-current form of franchise agreement will expire on the expiration date of this Agreement and will contain the same renewal rights, if any, as are available to you;
- (h) the transfer
Source: Item 14 — Other investments (FDD pages 131–208)
What This Means (2025 FDD)
According to Petro Stopping Center's 2025 Franchise Disclosure Document, a transfer fee is required when transferring the franchise agreement. The standard transfer fee is $45,000. However, if the transfer occurs before the first anniversary of the opening date, the fee increases to $130,000. If the transfer is among current owners, the fee is reduced to $10,000.
The transfer fee is used by Petro Stopping Center to cover expenses they incur during the transfer process. These expenses include third-party costs and the costs associated with training the new franchisee or their managing owner on the Petro System and its standards.
This means that a prospective franchisee needs to be aware of these potential transfer fees if they plan to sell their franchise in the future. The fees can be substantial, especially early in the franchise term, and should be factored into any financial planning related to the potential sale of the Petro Stopping Center franchise. Understanding what these fees cover can help a franchisee appreciate the administrative and training support provided by Petro Stopping Center during a transfer.