How many Circle K franchises in New Jersey were transferred in 2024?

According to Circle K's 2025 Franchise Disclosure Document, there were two franchise transfers in New Jersey during 2024. This information is based on Table No. 2, which details the transfers of outlets from franchisees to new owners, excluding transfers to Circle K or its affiliates. This data provides insight into the ownership changes within the Circle K franchise system in New Jersey during that year.

Understanding the number of franchise transfers can be valuable for prospective franchisees. A higher number of transfers might indicate instability or dissatisfaction among existing franchisees, while a lower number could suggest a stable and successful franchise environment. However, it's important to consider the reasons behind the transfers, which could range from retirement to business performance issues.

It is also important to note that the outlets in Tables No. 1 through No. 5 refer to Circle K Stores that may or may not include a Motor Fuel Business and/or Branded Business. This distinction is important because Circle K offers different franchise models, including those with and without motor fuel businesses. The transfer data reflects all Circle K stores, regardless of whether they include a motor fuel component.

Prospective franchisees should investigate the reasons for franchise transfers in specific states like New Jersey to gain a comprehensive understanding of the franchise's health and stability. This can involve speaking with current and former franchisees, as well as conducting thorough due diligence on the franchise opportunity.