How many Petro Stopping Center outlets in Minnesota were terminated during 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 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Minnesota | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
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 Minnesota during 2024. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, outlets opened, terminations, non-renewals, acquisitions by the franchisor, ceased operations for other reasons, and outlets at the end of the year for each state.
Specifically, for Minnesota in 2024, the table shows 2 outlets at the start of the year, 0 outlets opened, 0 terminations, 0 non-renewals, 0 acquired by the franchisor, and 0 ceased operations for other reasons. This resulted in 2 outlets at the end of the year.
This information is crucial for prospective 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 issues with the franchise model or market conditions in that area, while a stable or growing number of outlets suggests a healthier franchise system.