What was the net change in the number of company-owned Circle K outlets during the year 2023?

According to Circle K's 2025 Franchise Disclosure Document, the net change in the number of company-owned outlets during 2023 was an increase of 28 locations. The number of company-owned Circle K stores went from 5,261 at the start of the year to 5,289 by the end of 2023.

This information is relevant for prospective franchisees as it provides insight into the growth and expansion strategy of Circle K. An increase in company-owned stores could indicate a healthy and expanding business model, which might be seen as a positive sign for potential franchisees. It demonstrates Circle K's investment in its own brand and its confidence in the market.

However, it's important to note that these figures represent the overall net change and do not detail the specific reasons for the changes, such as new store openings, acquisitions, or closures. A prospective franchisee should consider this data in conjunction with other information provided in the FDD, such as the performance of existing stores and the company's plans for future growth, to gain a comprehensive understanding of the franchise opportunity.

Additionally, the FDD indicates that outlets in Tables No. 1 through No. 5 refer to Circle K Stores that may or may not include a Motor Fuel Business and/or Branded Business. This distinction is important because the performance and operational characteristics of stores with motor fuel businesses may differ from those without, which could impact a franchisee's potential profitability and operational requirements.