Does TMC provide any warranties regarding the Equipment's merchantability or fitness for use for a Circle K franchise?

According to Circle K's 2025 Franchise Disclosure Document, TMC does not provide any express or implied warranties regarding the equipment's merchantability or fitness for a particular use. The franchisee acknowledges and agrees to this disclaimer. This means that Circle K franchisees are purchasing or leasing equipment without any guarantee from TMC that it will function as expected or be suitable for their specific needs.

This lack of warranty places the burden of risk on the franchisee. Should the equipment malfunction or not meet the franchisee's requirements, the franchisee will be responsible for all associated costs, including repairs and replacements. This is a significant consideration for prospective franchisees, as equipment failure can lead to disruptions in business operations and unexpected expenses.

While TMC disclaims warranties on the equipment itself, franchisees should investigate whether the designated third-party suppliers offer their own warranties or service agreements. It is also important to clarify with TMC what recourse, if any, a franchisee has if the equipment is incompatible with Circle K's systems despite being purchased from an approved supplier. Understanding these details is crucial for making an informed investment decision.