How many Petro Stopping Center outlets were closed in Tennessee during 2022?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Acquired from Franchisees | Outlets Closed | Outlets Sold to Franchisees | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| 2022 | 2 | 0 | 0 | 0 | 0 | 2 | |
| Tennessee | 2023 | 2 | 0 | 0 | 0 | 0 | 2 |
| 2024 | 2 | 0 | 0 | 0 | 2 |
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 closures of Petro Stopping Center outlets in Tennessee during 2022. The table provided in Item 20 of the FDD details the number of outlets that were open at the start and end of the year, as well as any changes due to openings, acquisitions, closures, or sales.
For Tennessee, the table shows that there were 2 outlets at the start of 2022 and 2 outlets at the end of 2022. The columns for 'Outlets Opened', 'Outlets Acquired from Franchisees', 'Outlets Closed', and 'Outlets Sold to Franchisees' all show a value of 0. This indicates that there were no new openings, acquisitions, closures, or sales of Petro Stopping Center locations in Tennessee during that year.
This information is useful for prospective franchisees as it provides a historical overview of outlet activity in specific states. A consistent number of outlets, with no closures, can be seen as a positive sign of stability for the Petro Stopping Center brand in Tennessee. However, it is important to consider that past performance does not guarantee future results, and franchisees should conduct their own due diligence to assess the current market conditions and potential risks.