What was the total number of Petro Stopping Center franchise transfers across all states in 2022?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 20: OUTLETS AND FRANCHISEE INFORMATION]
| State | Year | Number of Transfers |
|---|---|---|
| 2022 | 1 | |
| Illinois | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 0 | |
| Virginia | 2023 | 0 |
| 2024 | 1 | |
| 2022 | 1 | |
| TOTAL | 2023 | 0 |
| 2024 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 79–87)
What This Means (2025 FDD)
According to Petro Stopping Center's 2025 Franchise Disclosure Document, the total number of franchise transfers in 2022 was 1 in Illinois, 0 in Virginia, and 1 in an unspecified state, for a total of 2 transfers.
This information is relevant for prospective franchisees as it provides insight into the turnover of Petro Stopping Center franchises. A high number of transfers could indicate issues with profitability or franchisee satisfaction, while a low number might suggest stability within the franchise system.
However, it's important to note that this data only reflects transfers and doesn't capture other forms of franchise terminations or non-renewals. Reviewing this data in conjunction with other information in the FDD, such as the reasons for franchise terminations and the overall financial performance of franchises, will give a more complete picture of franchise stability.