How many Circle K outlets were at the start of 2024 in Maryland?
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 2 Circle K outlets in Maryland at the start of 2024. This information is based on the table that provides details on the number of outlets at the start and end of each year, as well as the number of outlets opened, reacquired, and closed during the year. This data is broken down by state for the years 2023, 2024, and 2025.
For a prospective franchisee, this information is useful for understanding the existing market presence of Circle K in Maryland. Knowing the number of outlets at the start of 2024 provides a baseline for evaluating the growth and changes in the number of Circle K locations in the state over time. It can also help in assessing the level of competition and market saturation in the area.
It's important to note that while the FDD provides historical data on outlet numbers, it does not guarantee future performance or growth. Factors such as market conditions, local competition, and the franchisee's own management skills can all impact the success of a Circle K franchise. Therefore, prospective franchisees should conduct their own due diligence and market research to assess the potential opportunities and risks associated with opening a Circle K franchise in Maryland.