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Circle K
 

The Circle K Franchise Program offers Superior business systems, extensive training and effective promotional tools. Our ongoing business support and our heritage brand is, in fact, the Circle K advantage. With our recognized image and popular proprietary products, Circle K attracts a loyal customer base.

Franchisor Background

Year Established:

  1951

Franchising Since:

  1999

IFA Member



Operating Units:

Franchised Units:487 15.6%  
Company-Owned Units:2,629 84.4%  
 ______ _____  
Total Operating Units:3,116 100%  
 

Geographic Distribution:

U.S.:3,085 100% In 29 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 1 Foreign Countries
 ______ _____  
Total:3,085 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Arizona553
2. Florida488
3. California348

Registered in Following Registration States:

   California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, South Dakota, Virginia, Washington

Financial Requirements

Investment:

Minimum Net Worth:$300K
Cash Investment:$100-250K
Total Investment:$171-1,403K
Average Total Investment:$787K
 

Fees:

Initial Franchise Fee:$15K
Average Franchise Fee:$15K
On-Going Royalty:4%
Average Royalty:4%
Advertising Fee:2%

Average Number of Employees:

   8 Full-time, 4 Part-time

Space Needs (in square footage):

   1,500-3,000

Preferred Sites:

   Free-standing Building

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   Yes

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:1200
Site Selection Assistance?Yes
Lease Negotiation Assistance?No
Financial Assistance?Yes, Direct
 

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:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. Phoenix, AZ2 Weeks
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:4
Specific Industry Experience:5
Formal Education:3
Psychological Profile:3
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 5 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   200
U.S.:Yes, All United States
Canada:No
Overseas:Yes, Asia
 
 
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