How many Petro Stopping Center outlets in Illinois were operating at the end of 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 | |
| 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 was 1 Petro Stopping Center outlet operating in Illinois at the end of 2024. The table provided in Item 20 of the FDD details the number of outlets per state, year, and any changes that occurred during the year. For Illinois, the data shows that at the start of 2024, there was 1 outlet. Throughout 2024, there were no additional outlets opened, no terminations, non-renewals or acquisitions by the franchisor, and no ceased operations. Therefore, the number of Petro Stopping Center outlets in Illinois remained constant at 1 by the end of 2024.
This information is relevant for prospective franchisees as it provides a historical view of the number of operating Petro Stopping Center locations in a specific state. The stability in outlet numbers, with no changes during 2024, could indicate a stable market presence in Illinois. However, it's important to note that this data only reflects the number of outlets and does not provide insights into the financial performance or market conditions within that specific location.
A prospective franchisee should further investigate the performance of the existing Petro Stopping Center in Illinois, as well as the market potential for additional locations. Understanding the reasons behind the lack of growth in Illinois, despite growth in other states like Nevada, could be crucial for making an informed investment decision. This information, combined with other factors such as local competition and economic conditions, will help in assessing the viability of a Petro Stopping Center franchise in Illinois.