What exhibits should be included in the Circle K disclosure document dated July 9, 2025?

According to Circle K's 2025 Franchise Disclosure Document, the following exhibits should be included: a list of franchised outlets, consolidated financial statements, a list of state franchise administrators and agents for service of process, a table of contents of business systems manuals, a franchisee acknowledgment addendum, the convenience store franchise agreement, the motor fuel agreement, license agreements, sample termination and release agreements, a personal guaranty, a renewal addendum, a list of regional service providers, state addenda, state effective dates, and receipts. These exhibits provide detailed information about the Circle K franchise system and the legal agreements involved.

For a prospective franchisee, these exhibits are crucial for understanding the full scope of the franchise opportunity. They cover various aspects, from the financial health of Circle K to the specific terms and conditions of the franchise agreement. Reviewing the list of franchised outlets can give a sense of the brand's presence and distribution, while the financial statements offer insights into the company's performance. The inclusion of state-specific addenda and effective dates highlights the importance of understanding the regulatory environment in the franchisee's specific location.

The exhibits related to agreements, such as the Convenience Store Franchise Agreement, Motor Fuel Agreement, and License Agreements, are particularly important. These documents outline the contractual obligations of both the franchisee and Circle K. The Personal Guaranty exhibit indicates whether the franchisee will be personally liable for the business's debts. Sample termination and release agreements provide insight into the process and potential consequences of ending the franchise relationship.

Overall, the exhibits listed in the 2025 Franchise Disclosure Document offer a comprehensive view of the Circle K franchise system, enabling potential franchisees to make informed decisions. It is essential for prospective franchisees to carefully review each exhibit and seek professional advice to fully understand their rights and obligations.