What was the total revenue for Circle K in the most recent year reported?
Circle_K Franchise · 2025 FDDAnswer from 2025 FDD Document
| Revenues: | |||
|---|---|---|---|
| Initial franchise sales | $ 1,036,157 | $ 1,030,058 | $ 1,076,538 |
| Royalty and promotional fees | 59,421,781 | 60,722,633 | 63,929,364 |
| Fuel sales, net | 4,205,466 | 2,723,519 | 2,044,397 |
| Interest and other income | 6,503,683 | 5,867,604 | 4,357,577 |
| Total Revenues | 71,167,087 | 70,343,814 | 71,407,876 |
| Expenses: | |||
| Selling, general, and administrative expenses | 37,295,957 | 36,565,205 | 33,600,199 |
| Trademark expense | 391,871 | 408,796 | 447,750 |
| Depreciation and amortization expense | 7,776,052 | 8,959,374 | 8,449,524 |
| Total Expenses | 45,463,880 | 45,933,375 | 42,497,473 |
| (Loss) Gain on Disposals and Terminations | (7,610) | (1,541,825) | 38,139 |
| Income before income taxes | 25,695,597 | 22,868,614 | 28,948,542 |
| Provision for income taxes | 6,607,382 | 7,582,373 | 7,547,431 |
| Net Income and Comprehensive Income | $ 19,088,215 | $ 15,286,241 | $ 21,401,111 |
Source: Item 23 — RECEIPTS (FDD pages 100–359)
What This Means (2025 FDD)
According to Circle K's 2025 Franchise Disclosure Document, the total revenue for the most recent year reported is $71,407,876. This figure represents the combined revenue from initial franchise sales, royalty and promotional fees, fuel sales (net), and interest and other income. The data also includes revenue figures for the two prior years, which were $71,167,087 and $70,343,814, respectively.
For a prospective franchisee, understanding Circle K's revenue streams can provide insight into the overall financial health and stability of the franchise system. The consistent revenue over the three years suggests a stable business model. However, it is important to note that this is system-wide revenue and does not reflect the revenue of an individual Circle K franchise.
It is also important for potential franchisees to consider the expenses associated with generating this revenue. The FDD lists total expenses for the most recent year as $42,497,473, resulting in an income before income taxes of $28,948,542. Reviewing these figures in detail can help a franchisee understand the profitability of the Circle K system and assess their own potential for financial success. Franchisees should compare these figures with industry benchmarks and consider their own local market conditions to estimate their potential revenue and expenses.