How many Petro Stopping Center outlets were transferred in Virginia during 2024?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 Virginia during 2024. This information is based on the table that tracks transfers of outlets from franchisees to new owners, excluding transfers to the franchisor.
For a potential franchisee, this indicates the level of turnover or resale activity within the Petro Stopping Center franchise system in Virginia. A low number of transfers could suggest stability among franchisees in that state. Conversely, a higher number might warrant further investigation into the reasons behind the transfers.
It is important to note that this data only reflects transfers to new owners other than Petro Stopping Center itself. Transfers back to the company are not included in this count, and the overall health and attractiveness of a Petro Stopping Center franchise in Virginia would require a more comprehensive analysis, including factors such as profitability, local market conditions, and the reasons for any transfers that did occur.