What were the proceeds from disposals of businesses, net of cash disposed, for Petro Stopping Center in 2022?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Proceeds from disposals of fixed assets | 378 | 120 | 21 |
| Proceeds from disposals of businesses, net of cash disposed | 1,603 | 558 | 184 |
| 1,981 | 678 | 205 |
Source: Item 23 — RECEIPTS **RECEIPTS (FDD pages 87–131)
What This Means (2025 FDD)
According to Petro Stopping Center's 2025 Franchise Disclosure Document, the proceeds from disposals of businesses, net of cash disposed, were $184 million in 2022. This figure reflects the cash inflow Petro Stopping Center received from selling off parts of its business operations, after accounting for any cash that was part of those disposed businesses.
For a potential franchisee, this indicates the scale of Petro Stopping Center's asset management and restructuring activities. Business disposals can be part of a strategic realignment, and the proceeds can be reinvested into core operations or returned to investors. Seeing this level of detail in the FDD can give franchisees insight into how the company manages its portfolio and generates funds beyond standard operational revenues.
It's important to note that these proceeds are at the overall company level and not specific to individual franchise locations. However, understanding the financial activities of the parent company can help franchisees assess the stability and strategic direction of Petro Stopping Center. This information, combined with other financial disclosures in the FDD, provides a more complete picture of the company's financial health.