What payments must be made before opening a Petro Stopping Center?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
- 5.2 Petro® Center Opening.
You agree not to open the Petro Center or any other aspect of the Petro Center for business until:
- (d) the Franchise Fee and all other amounts then due to us, your landlord, governmental authorities and your suppliers including Approved Suppliers, have been paid;
Source: Item 14 — Other investments (FDD pages 131–208)
What This Means (2025 FDD)
According to the 2025 Petro Stopping Center Franchise Disclosure Document, before opening a Petro Stopping Center, a franchisee must pay the franchise fee and all other amounts then due to the franchisor, landlord, governmental authorities, and suppliers, including Approved Suppliers.
Specifically, the franchisee must ensure that all financial obligations to these parties are met before commencing operations. This encompasses not only the initial franchise fee but also any outstanding balances owed to the landlord for property-related expenses, payments to governmental bodies for permits and licenses, and dues to suppliers for inventory and other necessary goods or services.
This requirement ensures that the Petro Stopping Center franchisee starts their business with a clean financial slate and in good standing with all relevant parties. Failure to meet these payment obligations could delay the opening of the Petro Stopping Center or result in legal and financial repercussions.