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Petro Stopping Centers

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Petro Stopping Centers
6080 Surety Dr.
El Paso, TX 79905
800#: (800) 331-8809
Tel: (915) 779-4711
Fax: (915) 774-7373
E-Mail: [email protected]
Web Site: www.petrotruckstops.com
Contact: Mr. Michael Stuewe, Director of Franchising


PETRO STOPPING CENTERS is a nationwide network of premier, full-service, interstate Travel Plazas. PETRO offers the Iron Skillet Restaurant, Petro Lube Truck Service, featuring Mobil Oil products and Volvo and Cummings light warranty service, Mercantile Travel Stores and quality Mobil fuels. PETRO provides the expertise and systems to help develop successful businesses.




Franchisor Background


Established: 1975
First Franchise: 1985
Franchise Units: 23
Company-Owned Units: 37
Total Units: 60

Distribution:
U.S. -- 60; Canada -- 0; International -- 0
-North America -- Operations in 33 States
-States/Provinces with Greatest Density: 6 in TX, 6 in PA, 4 in OH

Projected New Units Over Next 12 months: 4
Franchisee Qualifications: 5, 4, 4, 3, 3, 4
(Click here for an explanation)

Registered in Following Registration States: CA,FL,IL,IN,MD,MI,NY,ND,SD,VA,WA,WI (Click here for an explanation)
Average Number of Employees: 125 FT, 40 PT (FT = Full Time, PT = Part Time)
Space Needs: 20 Acres SF; Other (Click here for abbreviations)
Encourage Conversion: No


Financial Requirements

Cash Investment: $NR
Total Investment: $NR
Average Total Investment: $-1.0K
Minimum Net Worth: $NR

Fees:
-Franchise: $NR
-Royalty: NR
-Advertising: NR

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 10/5/5
Passive Ownership: Discouraged
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: No
Lease Negotiation Assistance: No
Financial Assistance: No
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes/No
Size Of Corporate Staff: NR
On-Going Support: B,C,D,E,G,H,I (Click here for an explanation)
Training: 8 Weeks at Various US Locations.


Franchisor's Specific Expansion Plans

U.S.: All US Except TX, AZ, NM
Canada: All Canada
Overseas: No

Note: NR = No Response by Franchisor.
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