How many Petro Stopping Center outlets in Illinois were terminated 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 |
|---|---|---|---|---|---|---|---|---|
| 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 no terminations of Petro Stopping Center outlets in Illinois during the year 2024. The provided table outlines the changes in outlet numbers across various states, including Illinois, detailing openings, terminations, non-renewals, acquisitions by the franchisor, and other reasons for ceased operations.
Specifically, for Illinois in 2024, the table indicates 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 no outlets ceased operations for other reasons. Consequently, the number of outlets at the end of the year remained at one.
This information is crucial for potential franchisees as it provides insight into the stability and performance of Petro Stopping Center franchises in specific locations. A high number of terminations could indicate underlying issues with the franchise system or market conditions in that area, while a lack of terminations, as is the case in Illinois for 2024, may suggest a more stable and successful franchise environment.