What was the total amount of finance costs for Petro Stopping Center in 2023?

Based on the 2025 Franchise Disclosure Document, determining the total finance costs for Petro Stopping Center in 2023 requires piecing together information from different sections. While a specific figure for total finance costs isn't explicitly provided, the document mentions tax relief on capitalized interest.

Specifically, the FDD states that tax relief on capitalized interest was approximately $57 million in 2023. This indicates that Petro Stopping Center incurred finance costs that were significant enough to warrant such a substantial tax relief. However, this $57 million figure represents only the tax relief amount, not the total finance costs themselves. The actual finance costs would have been higher than this figure, as the tax relief is only a portion of the total expense.

To get a clearer picture of Petro Stopping Center's total finance costs in 2023, a prospective franchisee should ask the franchisor for the complete financial statements. This would include the income statement and related notes, which would detail the interest expense and other finance-related costs incurred during that year. Understanding these costs is crucial for assessing the overall financial health and profitability of Petro Stopping Center.