Business Description

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

Year Established:  1975

Franchising Since:  1985

Operating Units:
Franchised Units:	23	38.3%
Company-Owned Units:	37	61.7%
Total Operating Units:	60	100.0%
Geographic Distribution: U.S.: 60 100% In 33 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 60 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Ohio	4
2. Pennsylvania	6
3. Texas	6

Registered in Following Registration States: California, Florida, Illinois, Indiana, Maryland, Michigan, New York, North Dakota, South Dakota, Virginia, Washington, Wisconsin

Financial Requirements

Investment:
Minimum Net Worth:	$
Cash Investment:	$
Total Investment:	$
Average Total Investment:	$500K
Fees:
Initial Franchise Fee:	$
Average Franchise Fee:	$-1K
On-Going Royalty:	NR
Average Royalty:	-1%
Advertising Fee:

Average Number of Employees: 125 Full-time, 40 Part-time

Space Needs (in square footage): 20 Acres

Preferred Sites:

Other Sites: Other

Encourage Conversions? No

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	5
General Business Experience:	4
Specific Industry Experience:	4
Formal Education:	3
Psychological Profile:	3
Personal Interview(s):	4
Terms of Contract
Term of Initial Contract:	10/5/5 Year(s)
Term of Renewal Period:	Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	N/A
Site Selection Assistance?	No
Lease Negotiation Assistance?	No
Financial Assistance?	No
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees
Training:
1. Various US Locations	8 Weeks
Expansion Plans
Projected New Units Over Next 12 months: 4 U.S.: Yes, All US Except TX, AZ, NM Canada: Yes, All Canada Overseas: No	Request Franchisor Info   Submit an online form to receive information from Petro Stopping Centers.