What training requirements must the Managing Owner complete to operate a Petro Stopping Center?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
f the amount of any such reimbursement obligations against all amounts which we may owe you.
- 7.11 Managing Owner. You must designate an individual to serve as the managing Owner of the Petro Center (the "Managing Owner"). The Managing Owner must devote full time and best efforts to the supervision and conduct of the development and operation of the Petro Center. The Managing Owner shall assume responsibility for the Petro Center's management, operation, and Personnel. The Managing Owner shall have authority over all business decisions related to your Petro Center and must have the power to bind you in all dealings with us.
The Managing Owner must meet the following qualifications:
- (a) The Managing Owner must own at least a 20% equity interest in you (if you are an entity) or in the Petro Center if you are individuals;
- (b) The Managing Owner must be a person approved by us who completes our initial training requirementsregarding the Petro System and Petro System Standards and who must participate in and successfully complete all additional training regarding the Petro System and Petro System Standards as we may reasonably designate; and
If, at any time for any reason, the Managing Owner no longer qualifies to act as such, you must promptly designate another Managing Owner subject to the same qualifications listed above. Any sale or transfer of any portion of the Managing Owner's interest in you that would reduce the Managing Owner's equity interest or voting rights in you to less than 20% of the total is deemed a "transfer" of an interest and is subject to the terms and conditions of Section 16 hereof; and any failure to comply with such terms and conditions is a default by you under this Agreement. The initial Managing Owner is listed at Exhibit "A". Notwithstanding the foregoing, if you or your Affiliates are developing and operating multiple Petro Centers, you need designate only one Managing Owner for your or your Affiliates' operation, not one for each Petro Center.
- 7.12 Personnel; Managers. The Petro Center must, at all times be under the direct dayto-day supervision and control of managers, as specified in the Manuals. All managers must complete training regarding the Petro System and Petro System Standards (as set forth in Section 6) and be approved by us. If you change manager(s), you must immediately notify us and ensure that the new manager(s) promptly completes all training regarding the Petro System and Petro System Standards. All Personnel must meet every requirement imposed by applicable federal, state and local law and those required by us as a condition to their employment.
Source: Item 14 — Other investments (FDD pages 131–208)
What This Means (2025 FDD)
According to Petro Stopping Center's 2025 Franchise Disclosure Document, the Managing Owner must fulfill specific training requirements to operate a Petro Stopping Center. The Managing Owner must be approved by Petro Stopping Center and complete the initial training regarding the Petro System and Petro System Standards. Furthermore, the Managing Owner is required to participate in and successfully complete any additional training that Petro Stopping Center may reasonably designate concerning the Petro System and Petro System Standards.
Petro Stopping Center also requires that the franchisee ensures the Managing Owner and Petro Center managers complete the specified training programs to Petro Stopping Center's satisfaction. Prior to the opening date, Petro Stopping Center will send trainers to the site to assist in training personnel regarding the Petro System and Petro System Standards and to provide opening assistance. The franchisee is responsible for reimbursing Petro Stopping Center for the actual costs associated with this training, including wages, travel, and living expenses of the trainers.
Additionally, Petro Stopping Center may require the Managing Owner to attend periodic training courses or training conferences at designated times and locations, at the franchisee's expense, with possible fees for such courses. These sessions will provide updates regarding the Petro System and Petro System Standards. Petro Stopping Center may also offer voluntary additional training, with associated fees, that the Managing Owner may choose to undertake. If there is a death or disability of the Managing Owner, a new Managing Owner must be identified within 30 days and will be required to complete training regarding the Petro System and Petro System Standards at the franchisee's expense.