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What was the total amount of impairment losses reported for Petro Stopping Center in 2022?

Petro_Stopping_Center Franchise · 2025 FDD

Answer from 2025 FDD Document

In 2024, 2023 and 2022 there were no material impairment losses.

Source: Item 23 — RECEIPTS **RECEIPTS (FDD pages 87–131)

What This Means (2025 FDD)

According to Petro Stopping Center's 2025 Franchise Disclosure Document, there is no specific mention of impairment losses directly attributed to Petro Stopping Center within the provided excerpts. The document details impairment losses for other business segments such as 'gas & low carbon energy' and 'oil production & operations,' but it does not provide a consolidated figure or a breakdown that includes Petro Stopping Center. The 'customers & products' segment, which might include Petro Stopping Center, reports no material impairment losses for 2022.

While the document provides detailed financial information regarding property, plant, and equipment (PP&E) and their associated depreciation and impairment, it does not isolate the financial performance or impairment losses specifically for Petro Stopping Center. The provided tables and notes focus on broader business segments and do not offer the granularity needed to determine the impairment losses for Petro Stopping Center alone.

Therefore, a prospective franchisee researching Petro Stopping Center would need to request specific financial data related to the brand's performance, including any impairment losses, directly from the franchisor. This information is crucial for assessing the financial health and stability of the franchise system.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.