factual

What is the deadline for Circle K franchisees to pay monthly fees?

Circle_K Franchise · 2025 FDD

Answer from 2025 FDD Document

Circle K Store

Type of Fee Amount Due Date Remarks
Network Fee The then-current fee; Currently $50 per month Payable monthly on the 25th day of each month by electronic funds transfer TMC has the right to modify the Network Fee from time to time on 30 days’ advance written notice, up to an increase of 20% in any 12-month period.
Optional Program Fees Varies depending on the program but ranges from 5% to 75% of Optional Program revenue Payable monthly on the 25th day of each month by electronic funds transfer See Note 1
Motor Fuel $35 to $50 per delivery Upon demand See Note 2
Pass-Through
Fee
Licensing Fee Greater of (i) $0.0075 per gallon of motor fuel products sold or (ii) $500 per site Payable monthly on the 25th day of each month by electronic funds transfer Paid as consideration for your right to use TMC trademarks in connection with advertising, marketing and resale of motor fuel products at the Premises.
Insufficient Funds Fee $50 to $250 per payment or the maximum legal rate allowed by law Upon demand See Note 3
Interest Lower of maximum legal rate allowed by law or 1½% per month, not to exceed 18% per annum See Note 4 Interest on late payments is non- refundable. See Note 4
Liquidated Damages (Purchase of Fuel) An amount equal to the greater of: (i) $0.04 per gallon multiplied by the minimum monthly volume in motor fuel gallons set forth in the Payable upon termination of the Motor Fuel Agreement
Card Type Per Transaction Fee Processing Fee
--- --- ---
Visa $0.12 1.80%
MasterCard
Debit
All Others $0.12 3.25%
Type of Fee Amount Due Date Remarks
--- --- --- ---
Licensing Fee Varies, but generally $0.0075 per gallon of fuel sold at Branded Business. We reserve the right to modify the Licensing Fee. Payable monthly on the 25th day of each month by electronic funds transfer You are required to pay us a monthly Licensing Fee, and your monthly Licensing Fees must exceed $500 per month, per site (the “Minimum Monthly Fee”).
Type of Fee Amount Due Date Remarks
--- --- --- ---
Liquidated Damages (Credit Network Agreement) An amount equal to the lesser of (i) 48 or (ii) the remaining number of months under the term of the agreement, multiplied by $3,000.

Source: Item 6 — OTHER FEES (FDD pages 22–35)

What This Means (2025 FDD)

According to Circle K's 2025 Franchise Disclosure Document, several fees are payable monthly on the 25th day of each month via electronic funds transfer. These include the Network Fee (currently $50), Optional Program Fees (ranging from 5% to 75% of Optional Program revenue), and Licensing Fees (generally $0.0075 per gallon of fuel sold, but must exceed $500 per month per site).

If a Circle K franchisee fails to pay any amounts due by the due date, the payment will be considered late, and interest will be charged at the lesser of 1½% per month or the maximum legal rate. A payment is also considered late if there are insufficient funds available in the franchisee's account. In such cases, Circle K may charge an insufficient funds fee, currently $50, or the maximum legal rate.

Prospective Circle K franchisees should note that these fees are subject to change. For instance, Circle K has the right to modify the Network Fee with 30 days' written notice, up to a 20% increase in any 12-month period. Similarly, the Licensing Fee can be modified, and the fees associated with credit/debit card transactions are also subject to change with 30 days' notice, up to a 20% increase in any 12-month period.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.