How many Petro Stopping Center outlets in Alabama were operating at the start of 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 was one Petro Stopping Center outlet operating in Alabama at the start of 2023. The table provided in Item 20 of the FDD details the number of outlets at the start and end of each year, as well as any changes that occurred during the year, such as openings, terminations, or acquisitions.
Specifically, for Alabama, the table shows that at the beginning of 2023, there was 1 outlet. Throughout 2023, there were no additional outlets opened, no terminations, non-renewals or acquisitions by the franchisor, and no ceased operations. Therefore, the number of outlets remained constant at 1 by the end of 2023.
This information is valuable for prospective franchisees as it provides insight into the stability and growth of Petro Stopping Center in specific states. It's important to note that while there was one outlet in Alabama at the start of 2023, the table also indicates that by 2024, the franchisor acquired that outlet, resulting in zero outlets at the end of 2024. This could indicate a change in the company's strategy or market conditions in Alabama.