How many Petro Stopping Center outlets in Illinois ceased operations for other reasons in 2022?
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 | |
| Illinois | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| Illinois | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
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 Petro Stopping Center outlets in Illinois that ceased operations for reasons other than termination, non-renewal, or acquisition by the franchisor during the year 2022. The provided table tracks the number of outlets that ceased operations for 'other reasons,' which could include factors like natural disasters, condemnation, or other unforeseen circumstances that force a location to close.
For a prospective franchisee, this data point indicates stability within the Illinois market. It suggests that outlets are not typically closed due to miscellaneous external factors. This information can be useful when assessing the risks associated with opening a Petro Stopping Center franchise in Illinois.
It's important to note that while no outlets closed for 'other reasons,' this doesn't provide a complete picture of outlet turnover. The table also tracks terminations, non-renewals, and acquisitions, which would give a more comprehensive view of outlet changes. A potential franchisee should consider these factors, along with the 'ceased operations, other reasons' data, to fully understand the stability and risks associated with operating a Petro Stopping Center in a specific state.