Circle K
#174 Franchise 500| Convenience stores

About
Founded

1951

Franchising Since

1995 (25 Years)

Corporate Address

1130 W. Warner Rd.
Tempe, AZ 85284

Leadership

Brian Hannasch, CEO

Parent Company

Alimentation Couche-Tard

Ticker Symbol

ATD-B.TO

Financial Requirements
Initial Investment

$189,250 - $1,927,640

Net-worth Requirement

$500,000

Liquid Cash Requirement

$100,000

Ongoing Fees
Initial Franchise Fee

$25,000 - $25,000

Ongoing Royalty Fee

3-7.5%

Ad Royalty Fee

1.5%

Financing Options

Circle K offers in-house financing to cover the following: equipment

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

Veteran Incentives

10% off franchise fee

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Franchisee Intranet Platform

Marketing Support

Regional Advertising

Social media

SEO

Email marketing

Loyalty program/app

On-The-Job Training:

24 hours

Classroom Training:

56 hours

Number of Employees Required to Run:

10

Circle K is ranked #174 in the Franchise 500!
Bio
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.
Cost
Initial Investment: Low - $189,250 High - $1,927,640
Units
+36.2%+2965 UNITS (1 Year) +66.7%+4459 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.

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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: September 6th, 2019