How many Petro Stopping Center outlets in Alabama ceased operations for other reasons in 2023?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Acquired by Franchisor | Ceased Operations, Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Alabama | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 0 | 0 | 0 | 1 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 79–87)
What This Means (2025 FDD)
According to Petro Stopping Center's 2025 Franchise Disclosure Document, there were no Petro Stopping Center outlets in Alabama that ceased operations for other reasons during 2023. The provided table in Item 20 of the FDD details outlet information by state and year, including reasons for outlet closures.
The table specifically lists the number of outlets that ceased operations for 'other reasons.' For Alabama in 2023, this number is reported as 0. This suggests that no Petro Stopping Center locations in Alabama closed due to factors other than terminations, non-renewals, or acquisition by the franchisor during that year.
For a prospective franchisee, this indicates stability in the Alabama market during 2023. However, it is essential to consider this data in the context of other factors, such as overall economic conditions and specific market dynamics in Alabama. Further research and due diligence are advised to gain a comprehensive understanding of the franchise's performance in the region.