table_specific

What was the total number of Circle K outlets that ceased operations for other reasons in 2024?

Circle_K Franchise · 2025 FDD

Answer from 2025 FDD Document

e K Stores that may or may not include a Motor Fuel Business and/or Branded Business.

Table No. 3

Status of Franchised Outlets* For Years 2023 to 2025

Year Outlets at Ceased Outlets at
Outlets Non- Reacquired by
State Start of Year Opened Terminations Renewals Franchisor Operations Other Reasons End of the Year
2023 13 2 0 0 0

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, there were 20 Circle K outlets that ceased operations for 'other reasons' during 2024. This data is derived from a table summarizing systemwide outlet activity from 2023 to 2025. The table provides a breakdown of outlet changes, including openings, terminations, non-renewals, re acquisitions by the franchisor, and closures for reasons other than those specifically listed.

For a prospective franchisee, this figure indicates the number of Circle K locations that closed for reasons outside of the typical categories like terminations or non-renewals. 'Other reasons' could encompass a variety of factors, such as underperformance, relocation, or strategic decisions by the company. It is important to note that this number reflects closures across the entire Circle K system, not just franchised locations.

It is important for potential franchisees to understand the reasons behind these closures. While 20 closures out of a system of hundreds may seem relatively small, understanding the 'other reasons' can provide valuable insight into potential risks or challenges. Further investigation into these specific circumstances may be warranted during the due diligence process to assess the stability and performance of Circle K franchises.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.