How many Circle K outlets in New Jersey were operating at the start of 2023?
Circle_K Franchise · 2025 FDDAnswer from 2025 FDD Document
utlets identified in Table 2.
Table No. 8
Status of Franchised Outlets (Motor Fuel)* For Years 2023 to 2025
| Outlets at | Outlets | Non- | Reacquire | Ceased | Outlets at | |||
| State | Year | Start of Year | Opened | Terminations | Renewals | d by Franchisor | Operations Other Reasons | End of the Year |
| 2023 | 11 | 5 | 0 | 0 |
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 28 Circle K outlets operating in New Jersey at the start of 2023. However, by the end of 2023, the number of outlets decreased to 20. This decrease is attributed to 8 terminations during the year.
For a prospective franchisee, this data indicates the existing market presence of Circle K in New Jersey and the changes in outlet numbers over the past few years. It's important to note that the number of outlets can fluctuate due to various factors, including terminations.
This information is valuable for understanding the dynamics of Circle K's operations in New Jersey. A potential franchisee should investigate the reasons behind the terminations and assess the overall market conditions to make an informed decision.