Circle K
#36

Initial Investment

LOW: $211,450
HIGH: $1,602,450

Change in Units

+2.1% +179 UNITS (1 Year)
+8.5% +721 UNITS (3 Years)

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Company Profile

Founded

1951

Franchising Since

1995 (21 Years)

Corporate Address

1130 W. Warner Rd. Tempe, AZ 85284

CEO

Brian Hannasch

Parent Company

Alimentation Couche-Tard

Ticker Symbol

About Circle K

The Circle K convenience store chain got its start in 1951, when Fred Hervey bought three Kay's Food Stores in El Paso, Texas. The company began franchising in 1999. Now owned by parent company Alimentation Couche-Tard, Circle K franchises can be found in more than 20 states, as well as more than 10 other countries.

Financials

Financial Requirements

Initial Investment

$211,450 - $1,602,450

Net-worth Requirement

$500,000

Liquid Cash Requirement

$100,000

Ongoing Fees

Initial Franchise Fee

$25,000

Ongoing Royalty Fee

3.5-5.5%

Ad Royalty Fee

1.5%

Financing Options

Circle K has relationships with third-party sources which offer financing to cover the following: 
equipment

Veteran Incentives


10% off franchise fee

Franchise 500® Rank History

Highest Rank: 9

Lowest Rank: 42

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: 2 weeks

Training at headquarters: 2 weeks

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising

Number of employees required to run: 10

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: July 27th, 2015

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