How many Petro Stopping Center outlets were transferred in Illinois during 2022?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 20: OUTLETS AND FRANCHISEE INFORMATION]
| State | Year | Number of Transfers |
|---|---|---|
| 2022 | 1 | |
| Illinois | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 0 | |
| Virginia | 2023 | 0 |
| 2024 | 1 | |
| 2022 | 1 | |
| TOTAL | 2023 | 0 |
| 2024 | 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 one transfer of a Petro Stopping Center outlet in Illinois during 2022. This information is based on the table that tracks outlet transfers from franchisees to new owners, excluding transfers to the franchisor itself. The table provides a state-by-state breakdown of these transfers for the years 2022, 2023, and 2024.
For a prospective franchisee, this data point provides insight into the resale market for Petro Stopping Center franchises. A transfer indicates that an existing franchisee sold their business to a new owner. Tracking the number of transfers can indicate the stability and desirability of Petro Stopping Center franchises within a specific region. A higher number of transfers might suggest a more active market for buying and selling existing franchises.
It's important to note that this number only reflects transfers to new owners and does not include instances where Petro Stopping Center acquired the outlet directly. The table also provides data for other states and years, which can be useful for comparing transfer activity across different regions and time periods. Reviewing this data in conjunction with other performance metrics can offer a more comprehensive understanding of the franchise system's health and franchisee turnover.