What was the net change in the number of Petro Stopping Center franchised outlets during 2023?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| 2022 | 13 | 11 | -2 | |
| Petro Franchised | 2023 | 11 | 11 | 0 |
| 2024 | 11 | 11 | 0 |
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, the net change in the number of franchised outlets during 2023 was 0. This means that the number of Petro Stopping Center franchised locations remained the same throughout the year. At the start of 2023, there were 11 franchised outlets, and by the end of the year, the number remained at 11.
For a prospective franchisee, this indicates stability in the number of franchised locations. It could suggest that Petro Stopping Center is not aggressively expanding its franchise network, or that any new openings are offset by closures or terminations. This information is valuable for understanding the growth dynamics of the franchise system.
It's important to note that while the total number of franchised outlets remained constant, this doesn't necessarily mean that individual locations didn't change hands or undergo transitions. The table provides a high-level overview, and further details about specific outlet activities (e.g., transfers, closures) would provide a more granular understanding of the franchise network's dynamics.