What are Operating Assets in the context of a Petro Stopping Center franchise?

According to Petro Stopping Center's 2025 Franchise Disclosure Document, Operating Assets are defined as all assets used or usable in the operation of your Petro Center. These assets are subject to designated or Approved Suppliers, which may include Petro Stopping Center or its Affiliates.

This definition is part of a broader section detailing restrictions on the sources of products and services that franchisees must use. Petro Stopping Center maintains strict control over the standards of quality and service at each location, and franchisees must adhere to the Petro System Standards outlined in the manuals. These standards cover various aspects of the business, including design, layout, maintenance, and the types of equipment and supplies used.

The requirement to purchase Operating Assets from designated or Approved Suppliers ensures uniformity and quality across all Petro Stopping Center locations. While this may limit a franchisee's autonomy in choosing suppliers, it also provides a level of assurance that the assets meet Petro Stopping Center's standards and are suitable for the business. Franchisees should carefully review the list of designated or Approved Suppliers and understand any associated costs or requirements.

Prospective franchisees should inquire about the specific types of assets that fall under the definition of Operating Assets and the process for becoming an Approved Supplier if they wish to use a different source. Understanding these restrictions is crucial for budgeting and operational planning.