How many Circle K outlets were reacquired from franchisees in California 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 | ||
| 2023 | 166 | 3 | 0 | 1 | 0 | 168 | |
| Alabama | 2024 | 168 | 3 | 0 | 10 | 0 | 161 |
| 2025 | 161 | 41 | 0 | 0 | 0 | 202 | |
| 2023 | 0 | 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 no Circle K outlets reacquired from franchisees in California during 2024, according to two tables. One table shows that there were 183 Circle K outlets in California at the start of 2024, 5 opened, none were reacquired from franchisees, 3 closed, none were sold to franchisees, and 185 at the end of the year. The other table shows that there were 84 Circle K outlets in California at the start of 2024, 3 opened, none were reacquired from franchisees, 3 closed, none were sold to franchisees, and 84 at the end of the year.
This data point is important for prospective franchisees as it can provide insight into the stability and success rate of existing Circle K franchises. A high number of reacquired franchises might suggest underlying issues with the franchise model or support provided by Circle K. The absence of reacquired stores in California during 2024 could be a positive indicator for potential franchisees in that state.
It's worth noting that this information is specific to the 2024 calendar year and may not be representative of other years. Additionally, the tables provide a general overview and do not delve into the reasons behind store closures or transfers. A prospective franchisee should consider this data in conjunction with other factors, such as market conditions, local competition, and the specific terms of the franchise agreement, to make an informed decision.
While the FDD provides data on reacquired stores, it does not offer detailed explanations for why stores close or are reacquired. A potential franchisee should engage in thorough due diligence, including speaking with current and former franchisees, to gain a deeper understanding of the factors that contribute to franchise success and failure within the Circle K system.