table_specific

What was the value of Petro Stopping Center's transportation assets at December 31, 2024?

Petro_Stopping_Center Franchise · 2025 FDD

Answer from 2025 FDD Document

Land and land improvements Buildings Oil and gas propertiesa Plant, machinery and equipment Fittings, fixtures and office equipment Transportation Oil depots, storage tanks and service stations $ million Total
Cost - owned PP&E
At December 31, 2024 1,270 398 94,515 27,683 870 918 3,105 128,759
Depreciation - owned PP&E
At December 31, 2024 303 186 59,809 12,242 678 443 975 74,636
Owned PP&E - net book amount at 967 212 34,706 15,441 192 475 2,130 54,123
December 31, 2024
Right-of-use assets - net book amount at
December 31, 2024b 325 1,255 3 775 3,171 5,529
Total PP&E - net book amount at 967 537 34,706 16,696 195 1,250 5,301 59,652
December 31, 2024

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

What This Means (2025 FDD)

According to Petro Stopping Center's 2025 Franchise Disclosure Document, the cost of transportation assets (owned property, plant, and equipment) at December 31, 2024, was $918 million. After accounting for depreciation, the net book amount for these owned transportation assets was $475 million. Additionally, Petro Stopping Center had $775 million in transportation assets classified as right-of-use assets. Therefore, the total net book amount for transportation assets, including both owned and right-of-use assets, was $1,250 million at the end of 2024. These figures reflect the company's investment in transportation-related infrastructure and equipment.

For a prospective franchisee, understanding these asset values can provide insight into the scale and capital intensity of Petro Stopping Center's operations. The depreciation figures also highlight the ongoing expense of maintaining these assets. The distinction between owned assets and right-of-use assets is important, as right-of-use assets typically represent leased or rented equipment, which may have different financial implications than owned assets.

It's important to note that these figures represent the consolidated assets of the entire company, not just individual franchise locations. A franchisee would not directly own these assets, but their performance would contribute to the overall financial health of Petro Stopping Center, which is reflected in these asset values. Franchisees should focus on how their operations contribute to the efficient use and profitability of these assets.

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.