How many Petro Stopping Center outlets in Illinois 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 |
|---|---|---|---|---|---|---|---|---|
| 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 no Petro Stopping Center outlets in Illinois that ceased operations for other reasons during the 2024 fiscal year. The provided table in Item 20 of the FDD details outlet information by state and year, including reasons for outlet changes.
Specifically, for Illinois in 2024, the table shows that there was one outlet at the start of the year, no outlets opened, no terminations, no non-renewals, no acquisitions by the franchisor, and zero outlets that ceased operations for other reasons. This resulted in one outlet at the end of 2024, indicating no closures of this type occurred during that period in Illinois.
Prospective franchisees can use this information to understand the stability and performance of Petro Stopping Center franchises in specific states. The 'Ceased Operations, Other Reasons' category typically includes closures due to factors like poor performance, failure to meet brand standards, or other breaches of the franchise agreement that don't fall under standard termination or non-renewal. A history of few or no closures for 'other reasons' can be a positive indicator for potential franchisees.