Franopolis
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    Holiday Stationstores

    Franchise research report · reviewed 2025 disclosure data

    Researching Holiday Stationstores franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources

    Holiday Stationstores franchise operates convenience stores and gas stations primarily throughout the Midwest, offering fuel, food, and everyday essentials to l

    Headline figures

    Quick facts

    How much does it cost to open a Holiday Stationstores franchise?
    The Holiday Stationstores Franchise Disclosure Document reports separate estimated initial investments by format: $896,200–$3,252,500 for conversion only (total estimated initial investment — conversion of existing store: $896,200 to $3,252,500) (2025 FDD, Item 7, PDF p. 19); $3,356,200 for total estimated initial investment — new construction: $3,356,200 to $7,742,500 (2025 FDD, Item 7, PDF p. 19). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    What is the Holiday Stationstores initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $25,000 (2025 FDD, Item 5, PDF p. 14). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does Holiday Stationstores charge?
    The disclosed ongoing royalty is 500% · $0.0075 per gallon of Automotive Fuels plus 3.5% of Gross Sales of Groceries, Food Service Items, Merchandise and services). Conversion Program participants pay $0.0075 per gallon for the first 25 Accounting Periods; standard royalty terms apply beginning with Accounting Period #26. (2025 FDD, Item 6, PDF p. 15). Other recurring fees are listed in Item 6. Details
    Does Holiday Stationstores disclose financial performance (Item 19)?
    No. The reviewed Holiday Stationstores FDD states that it does not make a financial performance representation in Item 19. Details

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1The 2025 FDD (Item 7) estimates opening costs separately by format: $896,200 – $3,252,500 (Total estimated initial investment — Conversion of Existing Store: $896,200 to $3,252,500); $3,356,200 (Total estimated initial investment — New Construction: $3,356,200 to $7,742,500); several initial fee options apply.
    2. 2The franchisor makes no financial performance representation in Item 19.

    From reviewed FDD figures only. Not a recommendation or projection.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Range across 2 single-unit formats

    2025 FDD · Item 7

    Formats disclosed in Item 7 (2)

    Each format has its own total. The total depends on the format you choose.

    • Conversion of Existing Store: $896,200 to $3,252,500PDF p. 19$896,200 – $3,252,500
    • New Construction: $3,356,200 to $7,742,500PDF p. 19$3,356,200

    Standard single-unit franchise fee

    2025 FDD · Item 5 · PDF p. 14
    Discounted and multi-unit options are separate; see all fees.

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Royalty per Accounting Period: greater of $500 or the Percentage Royalty FeeMain ongoing fee

    30 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    No financial performance representation in Item 19

    The reviewed 2025 FDD for Holiday Stationstores has no Item 19 figures on record. Franopolis does not estimate revenue or earnings in their place; ask the franchisor and current owners what unit-level information they can share.

    Outlet Changes — Item 20

    How has the outlet count changed?

    Coverage not stated in the reviewed record · counts as of year end of each year.

    2025 FDD · Item 20 ·

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2025 Item 7 estimate ($896,200 – $3,356,200) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Holiday Stationstores reports no financial performance figures in Item 19. What information can you share about unit-level results?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2025 FDD)

    1. [1]Standard initial franchise fee — Item 5 · PDF p. 14

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD

    Territory & operations

    95 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.

    These are contract disclosures, not confirmation that any territory is currently available.

    Legal & agreement

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2025additional paid-in capital$88,201,000
    2025total shareholder's equity$31,849,814
    2025purchase of property and equipment and intangibles-$1,519,340
    2025deferred revenueMore than one value recorded for this year — open the FDD source before comparing$6,992,157
    2025provision for income taxes$6,607,382
    2025interest and other income$6,503,683
    2025income before income taxes$25,695,597
    2025change in deferred income taxes-$604,274
    2025proceeds on disposal of property and equipment$247,489
    2025signs$2,795,477
    2025advertising$15,002,542
    2025franchise contracts$54,487,980
    2025accounts payable and accrued expenses$4,476,064
    2025rebates payable to franchisees$8,920,309
    2025employee relations$26,694
    2025supplies$163,619
    2025otherMore than one value recorded for this year — open the FDD source before comparing$646,530
    2025goodwill$11,490,467
    2025total assets$72,559,682
    2025payable to affiliate$2,450,540
    2025deferred revenueMore than one value recorded for this year — open the FDD source before comparing$1,228,332
    2025total current liabilities$31,320,880
    2025total liabilities$40,709,868
    2025receivable from parent-$91,667,564
    2025retained earnings$35,316,368
    2025initial franchise sales$1,036,157
    2025royalty and promotional fees$59,421,781
    2025fuel sales, net$4,205,466
    2025total revenues$71,167,087
    2025selling, general, and administrative expenses$37,295,957
    2025trademark expense$391,871
    2025depreciation and amortization expense$7,776,052
    2025total expenses$45,463,880
    2025loss) gain on disposals and terminations-$7,610
    2025net income and comprehensive income$19,088,215
    2025loss$7,610
    2025amortization of notes receivable from franchisees and of other assets$3,054,368
    2025change in royalty and other receivables-$2,551,932
    2025change in current liabilities-$3,059,613
    2025change in deferred revenue-$747,274
    2025net cash provided by operating activities$22,963,152
    2025net cash used for investing activities-$5,856,773
    2025net advances to parent-$17,106,379
    2025transfer of property, equipment, and other assets through payable to parent$577,510
    2025payment of dividends through reduction of receivable from parent$19,000,000
    2025income taxes paid$1,510,605
    2025royalty and other receivables$11,184,013
    2025accumulated depreciation-$28,339,040
    2025tradename$1,301,112
    2025deferred income taxes current$2,603,791
    2025total current assets$13,787,804
    2025property and equipment net$12,287,489
    2025intangible assets net$10,640,706
    2025note receivable from parent$5,000,000
    2025other assets$19,353,216
    2025current$7,211,656
    2025deferred-$604,281
    2025leasehold improvements$40,713
    2025equipment$37,790,339
    2025software$323,628
    2025accumulated amortization-$45,472,014
    2025deferred construction allowances$19,349,466
    2025deferred incentive payments$3,750
    2025accrued promotional expenses$14,178,935
    2025otherMore than one value recorded for this year — open the FDD source before comparing$66,700
    2025payroll$10,515,829
    2025travel$519,624
    2024selling, general, and administrative expenses$36,565,205
    2024royalty and promotional fees$60,722,633
    2024depreciation and amortization expense$8,959,374
    2024net income and comprehensive income$15,286,241
    2024royalty and other receivables$8,632,081
    2024transfer of property, equipment, and other assets through payable to parent$268,572
    2024total current assets$11,459,764
    2024intangible assets net$14,399,954
    2024other assets$18,074,122
    2024deferred construction allowances$18,064,122
    2024tradename$1,301,112
    2024otherMore than one value recorded for this year — open the FDD source before comparing$70,045
    2024purchase of property and equipment and intangibles-$2,998,898
    2024goodwill$11,490,467
    2024total assets$74,886,849
    2024payable to affiliate$2,333,349
    2024deferred revenueMore than one value recorded for this year — open the FDD source before comparing$1,247,292
    2024total current liabilities$34,399,453
    2024deferred revenueMore than one value recorded for this year — open the FDD source before comparing$7,720,471
    2024total liabilities$45,344,921
    2024additional paid-in capital$88,201,000
    2024receivable from parent-$93,887,235
    2024retained earnings$35,228,153
    2024total shareholder's equity$29,541,928
    2024initial franchise sales$1,030,058
    2024fuel sales, net$2,723,519
    2024interest and other income$5,867,604
    2024total revenues$70,343,814
    2024trademark expense$408,796
    2024total expenses$45,933,375
    2024loss) gain on disposals and terminations-$1,541,825
    2024income before income taxes$22,868,614
    2024provision for income taxes$7,582,373
    2024loss$1,541,825
    2024amortization of notes receivable from franchisees and of other assets$2,115,617
    2024change in royalty and other receivables$1,512,943
    2024change in current liabilities$3,268,261
    2024change in deferred income taxes$648,289
    2024change in deferred revenue-$995,740
    2024net cash provided by operating activities$32,336,810
    2024proceeds on disposal of property and equipment$556,366
    2024net cash used for investing activities-$10,502,062
    2024net advances to parent-$21,834,748
    2024payment of dividends through reduction of receivable from parent$18,000,000
    2024income taxes paid$734,753
    2024accumulated depreciation-$25,829,412
    2024deferred income taxes current$2,827,683
    2024property and equipment net$14,462,542
    2024note receivable from parent$5,000,000
    2024current$6,934,084
    2024deferred$648,278
    2024leasehold improvements$22,241
    2024equipment$37,441,588
    2024signs$2,828,125
    2024software$323,628
    2024franchise contracts$54,487,980
    2024accumulated amortization-$41,712,766
    2024deferred incentive payments$10,000
    2024accrued promotional expenses$15,892,650
    2024rebates payable to franchisees$11,602,740
    2024accounts payable and accrued expenses$3,253,377
    2024payroll$10,782,922
    2024employee relations$23,832
    2024travel$517,850
    2024supplies$168,735
    2024advertising$14,407,276
    2024otherMore than one value recorded for this year — open the FDD source before comparing$779,056
    2023net cash provided by operating activities$34,191,360
    2023selling, general, and administrative expenses$33,600,199
    2023initial franchise sales$1,076,538
    2023total revenues$71,407,876
    2023total expenses$42,497,473
    2023amortization of notes receivable from franchisees and of other assets$773,839
    2023proceeds on disposal of property and equipment$991,098
    2023change in current liabilities$919,930
    2023change in deferred revenue-$847,564
    2023payment of dividends through reduction of receivable from parent$16,500,000
    2023net advances to parent-$28,129,347
    2023purchase of property and equipment and intangibles-$924,915
    2023royalty and promotional fees$63,929,364
    2023fuel sales, net$2,044,397
    2023interest and other income$4,357,577
    2023trademark expense$447,750
    2023depreciation and amortization expense$8,449,524
    2023loss) gain on disposals and terminations$38,139
    2023income before income taxes$28,948,542
    2023provision for income taxes$7,547,431
    2023net income and comprehensive income$21,401,111
    2023loss-$38,139
    2023change in royalty and other receivables$4,366,021
    2023change in deferred income taxes-$833,362
    2023net cash used for investing activities-$6,062,013
    2023income taxes paid$1,043,178
    2023current$8,380,793
    2023deferred-$833,362
    2023payroll$11,326,632
    2023employee relations$20,510
    2023travel$452,367
    2023supplies$223,560
    2023advertising$14,739,200
    2023other$437,144

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

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    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    Related research

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    Head-to-head comparisons

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    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.