What is the issuance date of the Petro Stopping Center Disclosure Document referenced in the receipt?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
Issuance Date: March 14, 2025
Source: Item 4 — Other Owners: (FDD pages 228–302)
What This Means (2025 FDD)
According to the 2025 Petro Stopping Center Franchise Disclosure Document, the issuance date of the disclosure document referenced in the receipt is March 14, 2025. This date is important because the franchisor, Petro Franchise Systems LLC, must provide the disclosure document to prospective franchisees at least 14 calendar days before they sign a binding agreement or make any payment related to the franchise. Certain states, such as New York and Michigan, have their own specific timelines for disclosure, which must also be adhered to.
The issuance date confirms that the franchisee received the appropriate version of the disclosure document, which contains crucial information about the Petro Stopping Center franchise opportunity. This includes details about the franchise agreement, the franchisor's background, and other information necessary for making an informed investment decision. The receipt serves as an acknowledgment that the franchisee has received this document within the legally required timeframe.
It is important for prospective Petro Stopping Center franchisees to verify that the issuance date on the disclosure document they receive matches the official issuance date to ensure they have the most current and accurate information. Receiving an outdated or incorrect disclosure document could potentially lead to legal issues or misinformed decisions about the franchise investment. The franchisee should retain a copy of the receipt for their records, as it may be needed to demonstrate compliance with franchise disclosure laws.