How many Circle K outlets ceased operations for 'other reasons' in Arkansas during 2024?
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 |
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 18 company-owned Circle K outlets in Arkansas that ceased operations for 'other reasons' during 2024. At the start of 2024, there were 21 outlets, 1 new outlet opened, 2 terminations occurred, 1 non-renewal occurred, and 18 ceased operations for other reasons, resulting in only 1 outlet remaining by the end of the year.
This data point is important for potential franchisees to consider as it reflects the stability and performance of Circle K outlets in Arkansas. A high number of closures for 'other reasons' could indicate underlying issues with the market, management, or other factors affecting profitability and sustainability.
Prospective franchisees should investigate the specific 'other reasons' for these closures to better understand the risks and opportunities associated with operating a Circle K franchise in Arkansas. Understanding the causes behind these closures can help franchisees make informed decisions and potentially avoid similar pitfalls.