How many Circle K outlets opened in New York during 2024?
Circle_K Franchise · 2025 FDDAnswer from 2025 FDD Document
res that may or may not include a Motor Fuel Business and/or Branded Business.
Table No. 4 Status of Company-Owned Outlets* For Years 2023 to 2025**
| Outlets at | Outlets | Outlets Reacquired | Outlets | Outlets Sold to | Outlets at End | ||
|---|---|---|---|---|---|---|---|
| State | Year | ||||||
| Start of Year | Opened | from Franchisees | Closed | Franchisees | of the Year | ||
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 zero Circle K outlets opened in New York during 2024. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, outlets opened, outlets reacquired from franchisees, outlets closed, outlets sold to franchisees, and outlets at the end of the year for each state from 2023 to 2025.
For a prospective franchisee, this data indicates the recent activity of Circle K in terms of store openings and closures in specific states. The fact that no new Circle K stores opened in New York during 2024 could suggest a period of market consolidation, strategic evaluation, or perhaps challenges in securing suitable locations. It is important to note that while no stores opened, none closed either, maintaining the same number of outlets from the start to the end of 2024.
This information is valuable for potential franchisees as it offers insights into the brand's expansion or contraction trends within a particular region. It is advisable for prospective franchisees to further investigate the reasons behind the lack of new openings in New York during 2024. Understanding the market dynamics and Circle K's strategic plans for the region can help in making an informed investment decision.