TravelCenters of America Inc. (TA) signed 30 new franchise agreements in 2022, reaching its annual target. In 2022, TA opened three new franchised sites and plans to open 20 franchised locations in 2023.
“The success of TA’s franchise and acquisition programs is a critical component of our strategic plan and over time will add well located facilities to better serve our guests across the country,” said Jon Pertchik, CEO of TA. “I am excited by meeting our 2022 target for growth in franchise sites and excited to see our new franchise partners flag their travel centers with the TA and Petro brands.”
TA is focused on acquisitions for network growth and has acquired seven existing travel centers—six with truck maintenance facilities—which began operating as TA or Petro locations in 2022, and three standalone truck service facilities, which began operating as TA Truck Service during the year.
“Our franchise and acquisition programs, along with our success in implementing other parts of our turnaround plan, and focus on our strategic plan, are a continued sign of the success of our efforts to improve our business,” said Pertchik.
- TravelCenters of America is No. 28 on CSP’s 2022 Top 202 ranking of U.S. convenience-store chains by company-owned store count.
Westlake, Ohio-based TravelCenters of America, a publicly traded, full-service travel center network, has 280 locations in 44 states and Canada, principally under the TA, Petro Stopping Centers and TA Express brands. Offerings include diesel and gasoline fuel, truck maintenance and repair, full-service and quick-service restaurants (QSRs), travel stores, car and truck parking and other services. The company operates more than 600 full-service and quick-service restaurants and nine proprietary brands, including Iron Skillet and Country Pride.
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