Where is the location of the Circle K store described in the Franchise Agreement?
Circle_K Franchise · 2025 FDDAnswer from 2025 FDD Document
2.1 Non-Exclusive License; Franchised Location; Store Opening. Subject to the terms and conditions herein, Franchisor hereby grants to Franchisee, and Franchisee hereby accepts, a non-exclusive license to establish and operate, during the Term, a Circle K Store, in conformity with the Business System, using the Marks (the "License"), at the location described in the Data Sheet attached hereto as Exhibit 1 (the "Franchised Location"). Franchisee agrees that the Store shall be constructed in accordance with the requirements of this Agreement and should be ready
Source: Item 22 — CONTRACTS (FDD page 100)
What This Means (2025 FDD)
According to Circle K's 2025 Franchise Disclosure Document, the specific location of the Circle K store is detailed in the Data Sheet, labeled as Exhibit 1, which is attached to the Franchise Agreement. The agreement grants the franchisee a non-exclusive license to operate a Circle K store at this Franchised Location, provided they adhere to the terms and conditions outlined in the agreement and maintain conformity with the Circle K Business System and brand standards.
This means that before a franchisee can begin operations, the location must be clearly defined and agreed upon by both Circle K and the franchisee. This location is not just any place the franchisee chooses; it is a location that Circle K has approved as suitable for a Circle K store. The franchisee is bound to operate only at this specified location unless they obtain prior written approval from Circle K to relocate.
Furthermore, the Franchise Agreement stipulates that the franchisee cannot operate any other business at the Franchised Location without explicit written consent from Circle K. The franchisee is also prohibited from subleasing, subfranchising, or transferring any rights related to the Franchised Location without adhering to the terms of the agreement. This ensures that Circle K maintains control over its brand and the operations conducted at each of its franchised locations.
If a franchisee wishes to relocate, they must seek written approval from Circle K, detailing the proposed new location and the reasons for the request. Circle K will then evaluate the request and make a decision within sixty days. If approved, the franchisee bears the costs of relocation and must pay Circle K a relocation fee equal to 50% of the then-current initial franchise fee. Circle K also reserves the right to require the franchisee to sign the then-current franchise agreement, which may include updated terms and conditions.