What is the payment schedule for EPOS and Computer Systems for a Circle K branded business?
Circle_K Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Made |
|---|---|---|---|---|
| Real Estate (Note 1) | (Note 1) | (Note 1) | (Note 1) | (Note 1) |
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Made |
| Branding Costs / Signs | $5,000 - | As Billed | As Incurred | Contractors, Suppliers |
| (Note 2) | $85,000 | or Other Third Parties | ||
| EPOS and Computer | $0 - $22,000 | As Incurred | As Incurred | Suppliers |
| Systems | per register | |||
| Network Fee (Note 3) | $150 | EFT Draft | Monthly | TMC |
| Security Deposits and | (Note 4) | (Note 4) | (Note 4) | (Note 4) |
| Licenses and Permits | ||||
| (Note 4) | ||||
| Utility Deposits | (Note 5) | (Note 5) | (Note 5) | (Note 5) |
| (Note 5) | ||||
| Insurance (Note 6) | $3,000 - $12,000 | As Billed | As required by Insurance Carrier or Provider | Insurance Carrier |
| TOTAL | $8,150 - | |||
| (Note 7) | $119,150 |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 36–45)
What This Means (2025 FDD)
According to Circle K's 2025 Franchise Disclosure Document, the payment schedule for EPOS (Electronic Point of Sale) and computer systems for a branded business is "As Incurred." This means that franchisees are expected to pay for these systems as the costs arise. The estimated cost for EPOS and computer systems ranges from $0 to $22,000 per register, payable to the suppliers.
This payment schedule implies that franchisees should be prepared to handle these expenses throughout the setup phase of their Circle K franchise. The "as incurred" method means there is no set payment plan, and costs could fluctuate based on the specific systems chosen and the supplier's billing practices. It is important to note that the wide range in cost ($0 - $22,000 per register) suggests variability depending on the specific needs and configurations of the store.
Prospective Circle K franchisees should clarify with Circle K regarding the factors that influence the cost of EPOS and computer systems. Understanding these variables will allow for more accurate budgeting and financial planning. Franchisees should also inquire about approved suppliers and whether Circle K has any negotiated rates or preferred vendors for these systems. This information can help in managing costs and ensuring compliance with Circle K's technology standards.