What was the total number of Petro Stopping Center outlet transfers in 2022?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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, there was a total of 1 outlet transfer in Illinois and 1 outlet transfer in Virginia during 2022. Therefore, the total number of outlet transfers for Petro Stopping Center in 2022 was 2.
It is important to note that these figures represent transfers of outlets from franchisees to new owners, excluding transfers to Petro Stopping Center itself. This information is valuable for potential franchisees as it provides insight into the resale activity within the Petro Stopping Center franchise system. A higher number of transfers could indicate a more liquid market for existing franchises, while a lower number might suggest longer-term ownership.
Prospective franchisees should consider these transfer numbers in conjunction with other performance metrics and information gathered during their due diligence. Understanding the reasons behind franchise transfers, such as franchisee retirement, relocation, or financial difficulties, can provide a more comprehensive view of the franchise's health and stability.