Are Circle K stores franchised?
Overview. Since the 1980s, Circle K has been the largest chain of company-owned and operated (non-franchised) convenience stores in the United States.
Is Circle K a corporate or franchise?
International Franchise Circle K has a rich history of franchising outside of the U.S. & Canada, and plans to grow with strongly capitalized, established operators.
Are Circle K stores independently owned?
History of Circle K Stores Circle K Stores are owned by Alimentation Couche-Tard, the largest convenience store operator in Canada. Circle K's success in the convenience retailing industry spans more than 60 years.
What kind of company is Circle K?
convenience store brandsCircle K has become one of the most widely recognized convenience store brands, known worldwide for quality products and great customer service. We have come a long way since our humble beginnings, and we're proud of where we've been and where we're going.
How much do Circle K owners make?
Franchise Owner salaries at Circle K can range from $51,193-$55,041.
How much is Circle K franchise fee?
$25,000The franchise fee for Circle K is $25,000. The total investment to open and operate a Circle K franchise ranges from $171,000 to $1.9 million. A royalty fee of 4.5% of gross sales is paid to the company (franchisees who forgo funding from the company will pay a royalty fee of 3.7% of gross sales.
How much money does a Circle K franchise make?
Number of units: Circle K has a total of 5,997 units within the mainland U.S., 648 of which are currently franchised. Average Gross Revenue Per Store: $15,195,997,518 (System-wide sales) ÷ 5,997 units = $2,533,933.
How do you become a Circle K owner?
Circle K has the franchise fee of up to $25,000, with total initial investment range of $185,500 to $1,601,500.Initial investments: $185,500 - $1,601,500. Net-worth Requirement: $500,000. ... Initial Franchise Fee: $25,000. Ongoing Royalty Fee: 3 - 7.5% ... On-The-Job Training: 24 hours. Classroom Training: 56 hours.
Who owns the Circle K franchise?
Alimentation Couche‑T...Convenien... Retail AsiaCircle K/Parent organizations
What does the K in Circle K stand for?
Kosher certification agency symbol, a mark on foods indicating kosher status from a certification agency.
Why do Indians own gas stations?
They come from a clan based society. Two generations ago, a few families immigrated to the US. They worked hard, and built a life. As more members of the extended clan immigrated, the established families would help them by pooling money to buy small business'.
Does Circle K use Top Tier gas?
Our fuel service is where best-in-class meets easy. We only use high-grade fuel from responsible refineries and terminals that add cleaning detergents. That means you'll notice fewer emissions and better maintenance so your engine can work its best.
Is Circle K corporate office?
Tempe, AZCircle K / Headquarters
Who owns the Circle K franchise?
Alimentation Couche‑T...Convenien... Retail AsiaCircle K/Parent organizations
How much money does a Circle K franchise make?
Number of units: Circle K has a total of 5,997 units within the mainland U.S., 648 of which are currently franchised. Average Gross Revenue Per Store: $15,195,997,518 (System-wide sales) ÷ 5,997 units = $2,533,933.
Is Starbucks a franchise or corporation?
Starbucks doesn't technically offer franchises, as all of the brand's worldwide stores are company-owned. But if you're interested in a Starbucks franchise, you're not completely out of luck. The company does license some of its stores, which from an operational standpoint is quite similar to being a franchise owner.
Circle K
At Circle K, their mission is to be the best and most convenient place to shop, and work.
About Circle K
At Circle K, their mission is to be the best and most convenient place to shop, and work.
Available Franchise Opportunities
While Circle K is not currently accepting new applicants on Franchising.com, these other similar opportunities are actively looking for new franchisees.
Who owns Circle K?
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.
What is franchise investment?
Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
How long is a franchise agreement?
10 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
How many Circle K franchises are there in Hong Kong?
Circle K had 387 franchised locations throughout Hong Kong as of May 2020. The Circle K brand entered the Canadian market in 2008, in connection with Couche-Tard's acquisition of Irving Oil 's convenience store network.
Who owns Circle K?
Circle K Stores, Inc. (stylized as Circle Ⓚ) is an international chain of convenience stores, owned by the Canadian multinational Alimentation Couche-Tard. Founded in 1951 in El Paso, Texas, the company filed for bankruptcy protection in 1990 and went through several owners, before being acquired by Alimentation Couche-Tard in 2003.
What is Circle K?
In September 2015, Couche-Tard announced that Circle K would become the worldwide brand of all of its convenience stores, replacing Mac's, Kangaroo Express, and Statoil brands (except the Couche-Tard brand in Quebec and the INGO brand in Europe).
What size are fountain drinks at Circle K?
Fountain drinks at Circle K are sold in Polar Pop cups, previously called Thirst Busters, are available in expanded polystyrene cups. In areas where polystyrene containers are illegal, plastic cups are offered. The 52-ounce cups are plastic. Most American locations offer any size, 32 ounce or under for under one American dollar. 52-ounce or above cups are priced at over a dollar. The price point of its 44 ounce size (marketed as "Epic XL" in some regions) may vary, as it may be under or over $1, depending on region.
How many states does Circle K have?
Within the United States, Circle K owns and operates stores in 48 states, with the largest concentration of stores found in Arizona, California, Colorado, Florida, Georgia, Illinois, Louisiana, North Carolina, Ohio, South Carolina, and Texas.
How many Circle K stores are there in 2020?
As of February 2020, Circle K has 9,799 stores in North America (primarily in the United States and Canada), 2,697 stores in Europe, and an additional 2,380 stores operating under franchise agreements worldwide.
What brands of fuel are sold at Circle K?
Other brands of fuel sold at Circle K stores include Valero, BP, Exxon, Marathon, Irving, Mobil, and Phillips 66. Approximately 13% of stores worldwide do not sell gasoline.
