Circle K – Franchise Review
For more than 50 years, Circle K has been one of North America’s most beloved and growing convenience store operators. Today, there are more than 3,300 Circle K stores across the US and more than 4,000 locations abroad.
Their motivation 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 in a fast, friendly and clean environment.
As a franchisee, your store will feature their award-winning brand of Premium Circle K Coffee, Thirst Buster fountain beverages, beer, snacks, candy, ATMs, Talk And Go Mobile prepaid wireless phones, gift cards, money orders and other general services. estate.
Management believes that the convenience store industry, already huge in size, is on the verge 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’re competing against a large, nationally recognized convenience store chain, you need to have a powerful brand like Circle K to help you retain your existing customers and attract new ones.
As a franchisee, you get business support that other independent operators can’t provide. You’ll gain national brand recognition and have the opportunity to help customers who may feel like they’re in a hurry.
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 home. foundation 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 by signing a Franchise contract with Uny Corp. in Japan. Since then, Circle K International has built a global retail system, building on trend-setting convenience store ideas and advancements, resulting in more than 3,700 franchised Circle K 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 must be prepared to complete a franchise opportunity review within 60 to 90 days. And finally, you must have an existing site that can be converted to a Circle K or real estate that a Circle K can be built on.
To find out if you qualify, please complete and submit our online information request form.
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