In 2024, how many Circle K outlets in Arkansas ceased operations for other reasons?
Circle_K Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlets at | Ceased | Outlets at | ||||||
|---|---|---|---|---|---|---|---|---|
| Outlets | Non- | Reacquired by | ||||||
| State | Start of Year | Opened | Terminations | Renewals | Franchisor | Operations Other Reasons | End of the Year | |
| 2023 | 14 | 7 | 0 | 0 | 0 | 0 | 21 | |
| Arkansas | 2024 | 21 | 1 | 2 | 1 | 0 | 18 | 1 |
| 2025 | 1 | 0 | 1 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 86–99)
What This Means (2025 FDD)
According to Circle K's 2025 Franchise Disclosure Document, 18 Circle K outlets in Arkansas ceased operations for reasons other than terminations, non-renewals, or reacquisition by the franchisor during 2024. At the start of 2024, there were 21 Circle K outlets in Arkansas. During that year, one new outlet was opened, one franchisee chose not to renew their agreement, two franchises were terminated, and 18 ceased operations for other reasons. This left only one Circle K outlet operating in Arkansas at the end of 2024.
This information is crucial for potential franchisees as it highlights the stability and turnover of Circle K franchises in specific geographic areas. A high number of closures for "other reasons" could indicate underlying issues with the market, brand performance, or franchisee support in Arkansas.
Prospective franchisees should investigate the reasons behind these closures to assess the risks and opportunities associated with investing in a Circle K franchise in Arkansas. Understanding the specific factors that led to these closures can help franchisees make informed decisions and potentially avoid similar pitfalls.