factual

Does the Circle K franchise agreement require the franchisee to acknowledge they understood the information in the disclosure document?

Circle_K Franchise · 2025 FDD

Answer from 2025 FDD Document

  1. Do you understand that the Agreements and Disclosure Document contain the entire agreement between you and us concerning the franchise for the CIRCLE K Store, Motor Fuel Business and/or Branded Business, meaning that any prior oral or written statements not set out in the Agreements

Source: Item 23 — RECEIPTS (FDD pages 100–359)

What This Means (2025 FDD)

According to the 2025 Circle K Franchise Disclosure Document, franchisees must acknowledge certain aspects of the franchise agreement and related documents. Specifically, franchisees must confirm that the franchise agreement, along with the disclosure document, constitutes the entire agreement between them and Circle K. This acknowledgment means that any prior oral or written statements not explicitly included in these documents are not considered part of the agreement. This provision aims to ensure clarity and prevent misunderstandings by limiting the agreement to what is formally documented.

Additionally, franchisees must acknowledge that Circle K makes no representations or warranties regarding third-party studies of prospective locations. Circle K also disclaims all liability related to these studies, meaning franchisees cannot hold Circle K responsible for the accuracy or outcomes predicted in those third-party analyses. Franchisees also need to confirm their understanding that the franchise is granted for a specific location only, and Circle K retains the right to issue other franchises or operate competing businesses, regardless of their proximity to the franchisee's location.

Furthermore, the franchisee must acknowledge that Circle K's approval of a site does not guarantee the success or profitability of the Circle K store at that location. These acknowledgments are confirmed by checking either a 'Yes' or 'No' box, with space provided for comments if needed. These acknowledgments are part of a broader release where the franchisee agrees to release Circle K from any claims related to the franchise agreement, with the franchisee confirming they have had adequate opportunity to gather all necessary information before entering the agreement.

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.