Who owns all of the common stock and Circle K trademarks?

According to Circle K's 2025 Franchise Disclosure Document, TMC Franchise Corporation is the franchisor, but Circle K Stores Inc. owns all of TMC's common stock and the Circle K trademarks. Circle K Stores Inc. licenses TMC the right to use the trademarks in its franchise program. Circle K Stores Inc. was incorporated in Texas on June 8, 1951. The principal business address and telephone number for Circle K Stores Inc. is 1130 West Warner Road, Tempe, Arizona 85284, (602) 728-8000. Circle K Stores Inc. has never offered franchises in any other line of business.

Circle K Stores Inc. is a wholly-owned subsidiary of Circle K Delaware Inc., which is a Delaware corporation wholly-owned by 2701439 Alberta ULC, an Alberta unlimited liability company. 2701439 Alberta ULC is majority-owned and controlled by Mac's Convenience Stores Inc., which is an Ontario, Canada corporation. Mac's Convenience Stores Inc. is, through other subsidiaries, wholly-owned by the ultimate parent, Alimentation Couche-Tard Inc. ("ACT"), a Canadian public company traded on the Toronto Stock Exchange.

For a prospective franchisee, this ownership structure means that while they will be dealing directly with TMC Franchise Corporation for the franchise agreement, the ultimate control and ownership of the Circle K brand and business system resides with Circle K Stores Inc. and its parent companies. This complex corporate structure is typical of large franchise systems and provides a framework for managing risk and brand assets across different entities and regions. Franchisees should be aware of the various entities involved and how they relate to each other, as this can impact decision-making and support provided to franchisees.