Circle K
Food & Beverage Food Retail (Grocery, Specialty Foods)Company Information
Address
1130 West Warner Road Tempe, Arizona 85284
Website
Tel
Email
Franchise Summary
Description
This Disclosure Document describes the offer for the right to operate a retail convenience store under the "Circle K" trade name and service marks and the Circle K convenience store business system (the "Store"). This Disclosure Document also describes the offer for the right to operate a motor fuel business for the sale of (a) Circle K-sourced motor fuel under the "Circle K" trade name and service marks and the Circle K motor fuel business system (the "Motor Fuel Business") and (b) third-party sourced motor fuel under the Circle K marks (the "Branded Business"). As of the date of this Disclosure Document, we will offer a Motor Fuel Business or Branded Business only to franchisees that already operate or agree to open and operate a Store.
Company Background
Circle K has been a trusted name in convenience retailing for over 60 years. Today, Circle K serves customers across the United States and Canada through a network of more than 18,400 stores - including company-owned and franchisee-operated locations. We offer fuel at competitive prices to provide drivers with an affordable option to fill up their tanks so they can get on their way quickly. In addition to our highly recognizable orange and white logo, we have developed a strong portfolio of brands that are instantly recognized by consumers as symbols of quality service: Circle K(R), Extra Mile(R), Speedpass(TM) , Kangaroo Express(R) .
Franchise Opportunity
The Circle K disclosure document outlines the offer for the right to operate a motor fuel business. This is an important opportunity to own and operate a motor fuel business under the Circle K trade name and service marks. Owning and operating a Circle K-sourced motor fuel business offers many benefits, including using the well-known Circle K marks and system.
Corporate Structure
The franchise offers the right to operate a retail convenience store under the “Circle K” trade name and service marks and the Circle K convenience store business system.
Royalties and Marketing Fees
Royalties : Single Site Operator 3.0% to 7.5% of total Gross Sales, with a minimum of $1,000 per month2 Multi-Site Operator 2.5% to 7.5% of total Gross Sales, with a minimum of $1,000 per month per store
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Food Retail (Grocery, Specialty Foods) Industry$1,323,683 / unit
Franchise Type: Standard
Average Revenue During 2020
Franchise Types Available
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Employee Contact Database
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Distribution of Circle K Franchisees
Circle K Franchise System Development in 2023
FAQ
How much investment do I need to start my own Circle K business?
Franchisees typically require at least $2 to $6 investment to get their Circle K business started
What are the initial franchise fees for Circle K?
Franchisees typically need to pay at least $46 in fees directly to Circle K in order to earn the right to launch their business
How much money can I make with a Circle K franchise? What are
the average revenues for a typical Circle K business?
We estimate that the average revenue of an individual
Circle K unit is approximately
$1,323,683. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Circle K unit? What
is my contractual commitment?
Circle K franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$2,430,500 to $6,951,500
which is
Much Higher
than the $0 to $0 average in the Food Retail (Grocery, Specialty Foods) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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