Where can I find information regarding the grant and term of the Petro Stopping Center franchise?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
3. GRANT AND TERM.
- 3.1 Grant of Franchise.
You have applied for a Franchise to own and operate a Petro Center at the Site.
Reference to the Site in this Agreement includes the Petro Center.
Subject to the terms of and upon the conditions contained in this Agreement, we grant you a Franchise to:
(a) operate the Petro Center located only at the Site (and no other locations);
(b) market the Products and Services;
(c) use the applicable Marks in connection with operating the Petro Center;
(d) use the Petro System in the operation of your Petro Center; and
(e) offer through the Petro Center only the Products and Services, and no others.
3.2 Term.
The term of the Franchise and this Agreement is the Term.
This Agreement may be terminated before it expires, as provided herein.
- 3.3 Protected Area.
So long as you are in compliance with this Agreement and subject to the rights we reserve in Section 3.4 below, from and after the Agreement Date, we will not grant to others the right to operate a Petro Center from any location, fixed or permanent, at the Site or within the Protected Area (if any).
If no Protected Area is designated in Exhibit "C", then you have no territorial protection rights for your Franchise.
- 3.4 Rights We Reserve.
We and our Affiliates retain the right in our sole judgment to grant ourselves or grant others the right to do anything that is not expressly granted to you exclusively in this Agreement, including without limitation:
- (a) to grant licenses or franchises to others to own, establish, or operate Petro Centers, or to own, establish and operate Petro Centers anywhere, except your Protected Area (if any);
Source: Item 14 — Other investments (FDD pages 131–208)
What This Means (2025 FDD)
According to Petro Stopping Center's 2025 Franchise Disclosure Document, the details regarding the grant and term of the franchise are outlined in Section 3, titled "GRANT AND TERM" of the Franchise Agreement.
Specifically, Section 3.1, "Grant of Franchise," states that the franchisor grants the franchisee a franchise to operate a Petro Center at a specific site, market products and services, use applicable marks, use the Petro System, and offer only approved products and services through the Petro Center. This section clarifies the scope of rights the franchisee receives.
Section 3.2, "Term," indicates that the length of the franchise agreement is defined as the "Term" and that the agreement can be terminated earlier as per the conditions outlined within the agreement. Section 3.3, "Protected Area," explains that as long as the franchisee complies with the agreement, Petro Stopping Center will not grant others the right to operate a Petro Center at the franchisee's site or within the protected area, if any is designated. However, if no protected area is specified in Exhibit "C", the franchisee will not have any territorial protection rights. Section 3.4, "Rights We Reserve," states that Petro Stopping Center reserves the right to grant others the right to do anything not expressly granted to the franchisee in the agreement, including granting licenses or franchises to others to operate Petro Centers anywhere outside the franchisee's protected area, if any.