How many Petro Stopping Center outlets in Alabama were not renewed 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 zero outlets in Alabama that were not renewed in 2024. The provided table in Item 20 shows that in 2024, one Petro Stopping Center in Alabama was acquired by the franchisor, and there were zero non-renewals. The number of outlets at the start of the year was one, and after the acquisition, the number of outlets at the end of the year was zero.
This information is crucial for potential franchisees as it provides insight into the stability and renewal rates of Petro Stopping Center franchises in specific states. A high number of non-renewals could indicate issues with franchisee profitability or franchisor-franchisee relations, while a low number, as in this case, suggests a more stable franchise system.
It is important to note that while no franchises were not renewed, one was acquired by Petro Stopping Center. This could mean a change in the operational structure in that location, from a franchise to a company-owned outlet. Prospective franchisees should consider these factors when evaluating the long-term prospects of investing in a Petro Stopping Center franchise.