How many Circle K outlets were terminated in North Carolina during 2024?
Circle_K Franchise · 2025 FDDAnswer from 2025 FDD Document
| Year | Outlets at | Ceased | Outlets at | |||||
|---|---|---|---|---|---|---|---|---|
| Outlets | Non- | Reacquired by | ||||||
| State | Start of Year | Opened | Terminations | Renewals | Franchisor | Operations Other Reasons | End of the Year | |
| 2023 | 13 | 2 | 0 | 0 | 0 | 0 | 15 | |
| Alabama | 2024 | 15 | 1 | 3 | 0 | 0 | 0 | 13 |
| 2025 | 13 | 1 | 0 | 0 | 0 | 0 | 14 | |
| 2023 | 14 | 7 | 0 | 0 | 0 | 0 | 21 | |
| Arkansas | 2024 | 21 | 1 | 2 | 1 | 0 | 18 | 1 |
| 2025 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | |
| 2023 | 236 | 16 | 8 | 4 | 0 | 0 | 240 | |
| California | 2024 | 240 | 11 | 10 | 16 | 0 | 0 | 225 |
| 2025 | 225 | 5 | 7 | 6 | 0 | 0 | 217 | |
| 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| Connecticut | 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| 2025 | 3 Outlets at | 0 Outlets | 0 | 0 Non- | 0 Reacquired by | 0 Ceased | 3 Outlets at | |
| State | Year | Start of Year | Opened | Terminations | Renewals | Franchisor | Operations Other Reasons | End of the Year |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Delaware | 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2025 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2023 | 107 | 4 | 3 | 1 | 0 | 2 | 105 | |
| Florida | 2024 | 105 | 3 | 2 | 0 | 0 | 2 | 104 |
| 2025 | 104 | 4 | 9 | 1 | 0 | 0 | 98 | |
| 2023 | 80 | 6 | 0 | 0 | 0 | 0 | 86 | |
| Georgia | 2024 | 86 | 2 | 7 | 3 | 0 | 0 | 78 |
| 2025 | 78 | 6 | 3 | 0 | 0 | 0 | 81 | |
| 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | |
| Hawaii | 2024 | 4 | 0 | 0 | 0 | 0 | 0 | 4 |
| 2025 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | |
| 2023 | 10 | 0 | 1 | 0 | 0 | 0 | 9 | |
| Illinois | 2024 | 9 | 0 | 1 | 0 | 0 | 0 | 8 |
| 2025 | 8 | 0 | 0 | 1 | 0 | 0 | 7 | |
| 2023 | 9 | 0 | 1 | 0 | 0 | 0 | 8 | |
| Indiana | 2024 | 8 | 0 | 0 | 0 | 0 | 0 | 8 |
| 2025 | 8 | 0 | 0 | 0 | 0 | 0 | 8 | |
| 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | |
| Iowa | 2024 | 4 | 0 | 0 | 0 | 0 | 0 | 4 |
| 2025 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Kentucky | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2025 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | |
| 2023 | 9 | 0 | 0 | 0 | 0 | 0 | 9 | |
| Maryland | 2024 | 9 | 0 | 2 | 0 | 0 | 0 | 7 |
| 2025 | 7 | 0 | 0 | 0 | 0 | 0 | 7 | |
| 2023 | 17 | 0 | 0 | 2 | 0 | 0 | 15 | |
| Massachuset | ||||||||
| 2024 | 15 | 0 | 0 | 1 | 0 | 0 | 14 | |
| ts | ||||||||
| 2025 | 14 | 0 | 0 | 0 | 0 | 0 | 14 | |
| Michigan | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| 2025 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2023 | 3 | 0 | 0 | 1 | 0 | 0 | 2 | |
| Minnesota | 2024 | 2 | 0 | 1 | 0 | 0 | 0 | 1 |
| 2025 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| Mississippi | 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| 2025 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Nevada | 2024 | 1 | 0 | 0 | 1 | 0 | 0 | 0 |
| 2025 | 0 Outlets at | 0 Outlets | 0 | 0 Non- | 0 Reacquired by | 0 Ceased | 0 Outlets at | |
| State | Year | Start of Year | Opened | Terminations | Renewals | Franchisor | Operations Other Reasons | End of the Year |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| New | ||||||||
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Hampshire | ||||||||
| 2025 | 2 | 0 | 1 | 0 | 0 | 0 | 1 | |
| 2023 | 28 | 0 | 8 | 0 | 0 | 0 | 20 | |
| New Jersey | 2024 | 20 | 0 | 2 | 0 | 0 | 0 | 18 |
| 2025 | 18 | 0 | 0 | 0 | 0 | 0 | 18 | |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| New York | 2024 | 2 | 2 | 0 | 0 | 0 | 0 | 4 |
| 2025 | 4 | 0 | 1 | 0 | 0 | 0 | 3 | |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| North | ||||||||
| 2024 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | |
| Carolina | ||||||||
| 2025 | 0 | 0 | 0 | 0 | 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 was one termination of a Circle K outlet in North Carolina during 2024. The provided table outlines the changes in the number of franchised outlets for each state over the past three years. This includes the number of outlets at the start of the year, the number opened, terminations, renewals, those reacquired by the franchisor, those that ceased operations for other reasons, and the number of outlets at the end of the year.
For a prospective franchisee, this information is crucial in assessing the stability and performance of Circle K franchises in specific regions. A high number of terminations could indicate underlying issues with the franchise model or market conditions in that area. Conversely, a low number of terminations suggests a more stable and successful franchise network.
It's important to note that the table provides a high-level overview and does not delve into the reasons behind the terminations. A prospective franchisee should investigate further to understand the specific circumstances leading to these terminations. This could involve speaking with current and former franchisees, as well as conducting thorough market research to assess the viability of a Circle K franchise in their desired location.
While the FDD provides data on terminations, it does not offer detailed explanations for each instance. Therefore, prospective franchisees should engage in direct conversations with Circle K to gain deeper insights into the factors influencing franchise performance and termination rates in different states. Understanding these factors is essential for making an informed investment decision.