How many Circle K franchises were renewed in Massachusetts in 2023?
Circle_K Franchise · 2025 FDDAnswer from 2025 FDD Document
e K Stores that may or may not include a Motor Fuel Business and/or Branded Business.
Table No. 3
Status of Franchised Outlets* For Years 2023 to 2025
| Year | Outlets at | Ceased | Outlets at | |||||
|---|---|---|---|---|---|---|---|---|
| Outlets | Non- | Reacquired by | ||||||
| State | Start of Year | Opened | Terminations | Renewals | Franchisor | Operations Other Reasons | End of the Year | |
| 2023 | 13 | 2 | 0 | 0 | 0 | 0 | 15 | |
| Alabama | 2024 | 15 | 1 | 3 | 0 | 0 | 0 | 13 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 86–99)
What This Means (2025 FDD)
According to Circle K's 2025 Franchise Disclosure Document, there were two franchise renewals in Massachusetts during 2023. The table provided in Item 20 includes data on the status of franchised outlets, including the number of renewals, for the years 2023, 2024, and 2025. This information can be helpful for prospective franchisees to understand the stability and renewal rates of Circle K franchises in specific states.
The table shows that Massachusetts had 17 Circle K outlets at the start of 2023, opened one new outlet, and had two renewals, resulting in 15 outlets by the end of the year. This suggests that while there were some renewals, the overall number of outlets decreased slightly during that year. A prospective franchisee might want to investigate the reasons for this decrease, such as transfers, terminations, or non-renewals, to better understand the market dynamics in Massachusetts.
Understanding franchise renewals is crucial for potential investors as it reflects franchisee satisfaction and the overall health of the Circle K system. Low renewal rates could indicate issues with profitability, franchisor support, or market conditions. Therefore, reviewing these figures in the FDD and discussing them with current and former franchisees is an essential part of the due diligence process.