According to Circle K's 2025 Franchise Disclosure Document, one Circle K outlet in Florida was sold to a franchisee during 2025. The table provided in Item 20 outlines the changes in outlet status across various states. This includes details on outlets at the start of the year, new outlets opened, outlets reacquired from franchisees, outlets closed, outlets sold to franchisees, and the total outlets at the end of the year.

For a prospective franchisee, this information is valuable in understanding the dynamics of Circle K's franchise network in specific states. The 'Outlets Sold to Franchisees' column indicates instances where existing Circle K locations were transferred to new franchisee ownership. This could represent opportunities for franchisees to acquire established businesses rather than starting from scratch.

However, it's important to note that the table does not specify the reasons for these transfers. They could be due to franchisees retiring, selling their businesses for personal reasons, or other factors. A prospective franchisee should investigate the reasons behind such transfers to assess the health and stability of the franchise network in their target area. Understanding these trends can help in making informed decisions about investing in a Circle K franchise.

Furthermore, the table also provides insights into outlet openings and closures, which can indicate the growth and contraction of the Circle K brand in different regions. Analyzing these figures alongside the 'Outlets Sold to Franchisees' data can offer a comprehensive view of the franchise's overall performance and potential for success in a particular market.