How many Petro Stopping Center outlets in Alabama ceased operations for other reasons in 2024?
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 locations in Alabama that ceased operations for other reasons during the year 2024. The provided table in Item 20 of the FDD details the changes in outlet numbers for various states, and for Alabama in 2024, the 'Ceased Operations, Other Reasons' column shows a value of 0.
This indicates that while one Petro Stopping Center in Alabama was acquired by the franchisor, none closed due to other factors. This information is crucial for potential franchisees as it provides insight into the stability and operational longevity of Petro Stopping Center locations in specific regions.
Prospective franchisees can use this data to assess the risks associated with opening a franchise in a particular state, considering factors beyond terminations, non-renewals, and acquisitions by the franchisor. Understanding the reasons behind outlet closures, even if categorized as 'other,' can help franchisees make informed decisions and better prepare for potential challenges in their chosen location.