Circle K – Franchise Review
For more than 50 years, Circle K has been one of the most popular and growing convenience store operators in North America. Today, there are more than 3,300 Circle K stores across the US and more than 4,000 sites abroad.
Its motive is to be the best place to shop and work. Its stores are recognized around the world for offering consumers on the go a wide range of quality products and services quickly, conveniently and in clean locations.
As a franchisee, your store will feature your award-winning Premium Circle K coffee brand, Thirst Buster fountain drinks, beer, snacks, candy, ATMs, Talk And Go Mobile prepaid wireless phones, gift cards, money orders and other merchandise.
Management believes that the already huge convenience store industry is on the brink of future growth.
Franchising with Circle K can be a beneficial decision for you. If you already own a store with little or no local competition, they can provide you with operational opportunities. If you are competing against a large, nationally recognized convenience store chain, you must have a powerful brand like Circle K to help you retain your existing customers and attract new ones.
As a franchisee, you get business assistance that other independent operators cannot provide. You get national brand recognition, plus you’ll have the opportunity to help customers who may feel like they’re in a rush.
Circle K was established in 1951 when Fred Hervey purchased three Kay’s Food Stores in El Paso, TX and renamed them Circle K. After a few more years, Hervey expanded the Circle K brand to neighboring New Mexico and Arizona, which has been the company’s home. based since 1957. Circle K continues to expand its retail network through numerous acquisitions over the next several decades and there are now more than 3,300 Circle K Stores in the United States.
In 1979, they entered the international market when they signed a Franchise agreement with Uny Corp. in Japan. After that, Circle K International has built a global retail system, building on the ideas and advancements of trend-setting convenience stores, resulting in more than 3,700 Circle K franchised stores in six countries and the US territory of Guam.
There are basic criteria to qualify for a Circle K Franchise License Agreement. First, you must have $ 100,000 in liquid assets and have a net worth of $ 300,000 and pay a franchise fee of $ 15,000.00. Second, you must make the decision to be self-employed. Third, you should be prepared to complete a review of the franchise opportunity within 60 to 90 days. And finally, you must have an existing site that can be converted to a Circle K or a property that a Circle K can be built on.
If you want to know if you are eligible, please complete and submit our online information request form.
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