How many Petro Stopping Center outlets in Illinois were not renewed 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 outlets in Illinois that were not renewed in 2022. The provided table regarding outlet information lists the number of outlets that were not renewed during 2022 in various states. Specifically for Illinois, the table indicates '0' non-renewals for the year 2022. This suggests that all existing Petro Stopping Center franchises in Illinois that year were either renewed or otherwise remained in operation under the franchise agreement.
For a prospective franchisee, this information indicates stability within the Illinois market during that period. It suggests that franchisees in Illinois were likely meeting the standards for renewal, and the franchisor found value in maintaining those locations. However, this is a snapshot in time, and future renewal decisions could be influenced by various factors, including the franchisee's performance, changes in market conditions, or the franchisor's strategic decisions.
It is important to note that while no franchises were not renewed, this does not guarantee future outcomes. A potential franchisee should still conduct thorough due diligence, including speaking with current and former franchisees, to understand the factors that contribute to successful franchise operations and renewals within the Petro Stopping Center system. Additionally, the franchisee should carefully review the terms and conditions of the franchise agreement regarding renewal criteria and processes.