In which states did Circle K sign franchise agreements for outlets that have not yet opened?
Circle_K Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Franchise Agreements | Projected New Franchised Outlets in the Next Fiscal Year | Projected New Company- |
|---|---|---|---|
| Signed But Outlets Not Opened | Owned Outlets in the Current Fiscal Year** | ||
| Alabama | 1 | 0 | 0 |
| Arkansas | 3 | 0 | 0 |
| California | 20 | 11 | 5 |
| Connecticut | 1 | 0 | 0 |
| Florida | 10 | 8 | 13 |
| Georgia | 7 | 3 | 8 |
| Indiana | 2 | 1 | 0 |
| Michigan | 0 | 0 | 1 |
| Minnesota | 0 | 0 | 7 |
| North Carolina | 1 | 1 | 0 |
| North Dakota | 0 | 0 | 4 |
| South Dakota | 0 | 0 | 4 |
| Texas | 2 | 2 | 6 |
| Virginia | 3 | 3 | 0 |
| Washington | 1 | 0 | 5 |
| Wisconsin | 0 | 0 | 5 |
| TOTAL | 51 | 29 | 59 |
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, as of April 27, 2025, Circle K had signed franchise agreements for stores that were not yet open in several states. Specifically, Alabama had 1 such agreement, Arkansas had 3, California had 20, Connecticut had 1, and Florida had 10. Georgia had 7, Indiana had 2, North Carolina had 1, Texas had 2, Virginia had 3, and Washington had 1. In total, there were 51 franchise agreements signed for outlets that had not yet opened across these states.
For a prospective franchisee, this indicates the geographic areas where Circle K is actively expanding its franchise network but has not yet completed the store opening process. It could mean opportunities to enter markets with growing brand presence. However, it also suggests potential delays or challenges in opening new locations in those states.
It is important to note that these figures pertain to Circle K Stores that include a motor fuel business, which may be a Motor Fuel Business or a Branded Business. A separate table in the FDD lists states with company-owned stores, and a different table lists states with franchise agreements signed for stores that may or may not include a Motor Fuel Business and/or Branded Business. Therefore, the figures quoted here are a subset of Circle K's overall franchising activities.
A prospective franchisee should investigate the reasons why these stores are not yet open. This could include factors such as permitting delays, construction issues, or difficulties in securing suitable locations. Understanding these challenges can help a franchisee better prepare for the store opening process and assess the potential risks and opportunities in each state.