https://EzineArticles.com/expert/Thomas_E_White/509756, Business: Franchising We take reviews that are attached to a LinkedIn account much more seriously and consider them as legitimate user reviews. As a franchisee, your store will feature their award-winning brand of the Premium Circle K Coffee, Thirst Buster fountain drinks, beer, snacks, candy, ATMs, Talk And Go Mobile prepaid wireless phones, Gift Cards, money orders, and other general merchandise. The Circle K at 7th street and the 101 as gon... A core component of our evaluation process involves the identification of a franchise’s overall opportunity and likeliness for future growth and expansion when compared to industry averages. The Franchise Chatter Blog examines the profit potential of Circle K stores, based on Item 19 of the company's 2014 FDD. Unauthorized entry, use, disclosure, copying, or distribution of any content within this website is prohibited. 1 was here. When looking to start any business it is important, particularly considering today's market, that you look for specific ways to cut minimize or reduce overhead and risk. Circle K Business Opportunities: Other … Reviews. Being a Circle K franchise is a good choice to expand food store business. The company began franchising in 1999. This includes a Proven Retail Model, World Class Retail, Leaders In Food, Coffee and Expertise In Fuel & Forecourt. Expanding franchise business by Circle K In the year 1995 the Circle K started franchising to expand its business. Today, there are more than 3,300 Circle K stores all over the USA and over 4,000 sites overseas. Third, you have to be prepared to complete a review of the franchise opportunity within 60-90 days. Evaluation Criteria: Best Convenience Store Franchises. Most people are not aware that 80% of ALL franchise endeavors fail in the first two to five years leaving large debts looming for years thereafter. franchiserankings.com. The information contained in the website is intended for use exclusively by authorized users only. The management thinks that the convenience store industry, which is already massive in size, is on the brink for future growth. Royalty Fee Rate: 3.7-5.5%. Provide us with additional information to improve your chances of ranking. Being a member provides you with unique benefits for your company profile. Circle K - Franchise Review. There is an initial franchise fee of $25,000 which grants you the license to run a business under the Circle K … Forgot account? Just as with most franchises, Circle K Stores are characterized by a unique system. Download the winner's seal to showcase your achievement to the world. Their motive is to be the best place to shop, and work. 0 Reviews Write A Review. CIRCLE K Franchise Fee, Revenue, And Profit Margin Circle K is considered to be one of the biggest store chains across the United States, with numerous locations all over the world. All these work to display a cohesive appearance common among all stores under the brand. Find out more here. Opportunities have emerged in the online market that are creating millionaires every single day. Circle K reviews first appeared on Complaints Board on Oct 17, 2008. Circle K Franchise. Reach us from wherever you are. Discover the benefits Get answers to common questions. Franchise Units: 8,277. We recognize that each franchisee is unique with their own concerns about their location. This includes a distinctive interior and exterior look, as well as color schemes, decor, and staff uniform. Ratings and reviews have changed. Expanding franchise business by Circle K. In the year 1995 the Circle K started franchising to expand its business. Now owned by parent company Alimentation Couche-Tard, Circle K franchises can be found in more than 20 states, as well as more than 10 other countries. There are basic criteria to qualify for a Circle K Franchise License Agreement. Who we are. Additional Rankings Curious to know where Circle K ranked on other franchise lists? Damian has over 20 years' experience working in the retail sector for a number of organizations including Vodafone UK, Vodafone Ireland and globally as the Head of Retail for Digicel Asia-Pacific. How Much Money Do You Need to Start a Medical Staffing Agency? A Circle K store that is franchised to operate as a “Circle K” shall be a full-service convenience store with sufficient floor space, vehicle parking, and inventory levels to offer all of the merchandise and services of a traditional convenience store and that complies with the specifications of a Circle K store as described in the franchisor’s manuals. If you're competing against a large, nationally recognized convenience store chain, you need to have a powerful brand like Circle K to help you retain your existing customers and attract new ones. Get the latest updates fast. This collection of links contains important information about your listing. The amount of total investments to start a franchise business in this case varies from $161,000 to $1,353,000. Improve Your Rankings | Total Investments: $211,450 - $1,602,450. We've done our best to address those concerns below. Franchise Units: 8,277. See Circle K Stores, Inc.'s revenue, employees, and funding info on Owler, the world’s largest community-based business insights platform. Platinum Author Circle K was established in 1951 when Fred Hervey purchased three Kay's Food Stores in El Paso, TX and renamed them Circle K. After a few more years, Hervey expanded the Circle K brand into neighboring New Mexico and Arizona, which has been the company's home base since 1957. Fill out the credentials below or retrieve your password to update.. The store chain provides people on the move with a wide range of products. Even before Circle K became a franchise and international institution, customers have identified the brand with convenience. The estimated investment required to open a Circle K Franchise is between $189,250-$1,927,640. Evaluation Criteria, Fast Food Franchises,Convenience Store Franchises, Overall Franchises,Convenience Store Franchises,Hospitality - Hotel Franchises,Business Consulting Franchises, Fast Food Franchises,Retail Franchises,Overall Franchises, Retail Franchises,Convenience Store Franchises, Phone: 800-874-2458 Article Source: Major Clients: Confidential. Those looking for a well-established franchise for long-term growth look for franchises which invest in their franchisees through advertising and marketing campaigns which aim to obtain new clients in relevant markets. It is important for employees to have the right knowledge to handle specific types of events or to properly stock and overlook the products being offered. Circle K continues to extend its retail network through numerous acquisitions during the next decades and now there are over 3,300 Circle K Store across the United States. The Franchise Extranet is a controlled access website. https://EzineArticles.com/expert/Thomas_E_White/509756, http://ezinearticles.com/?Circle-K---Franchise-Review&id=6040032. For the benefit of long term growth and success we find it important for franchises to continue to communicate with and support their franchised businesses. The Circle K convenience store chain got its start in 1951, when Fred Hervey bought three Kay's Food Stores in El Paso, Texas. Appleton, Wisconsin. Buy a popular Circle K convenience store franchise. The latest complaint Customer service was resolved on Aug 25, 2019. Circle K Franchise: Investment: $69,650 - $1,185,400: $189,250 - $1,927,640: Franchise Fee: $10,000 - $1,000,000: $25,000: Royalty Fee: Varies: 2.5%-5.5%: Advertising Fee: 1%: 1.5%: Year Founded: 1927: 1951: Year Franchised: 1964: 1995: Term Of Agreement: 15 years: 10 years: Term Of Agreement: 15 years: 10 years: Renewal Fee--Business Experience Requirements : 7-Eleven Franchise: Circle K Franchise To see his methods of creating an automated and thriving online business or how you can leverage the internet to send your existing business through the roof visit: [http://whatsbetterthanafranchise.com]. Thus today it became one of the renowned food store corporate house in the world. Today at 6:45-7pm I went to get gas at the gas station by my house. So many advantages, so little time. After that, Circle K International has built a global retailing system, drawing from trend-setting convenience store ideas and advances, resulting in over 3,700 franchised Circle K stores in six countries and the U.S. territory of Guam. In addition to offering quality products and great customer service, many locations also offer fuel, which franchisees can either purchase via their existing fuel agreement or with the assistance of Circle K's parent company. Legal Disclosure. Royalty Fee: 7.5%. In 1979, they penetrated the international market when the signed a Franchise agreement with Uny Corp. in Japan. And finally, you must have an existing site that can be converted to a Circle K or real-estate that a Circle K can be built upon. Franchising.com franchise profile for Circle K. Find detailed business information such as news, financials, franchise history and other corporate data on Circle K. The brand and name of a convenience store is important to ensure people will stop in to purchase goods of consistent quality on a daily recurring basis. For more than 50 years, Circle K has been one of North America's most well-liked and booming operators of convenience stores. 262 … Financing Available: Yes. Circle K has a franchise fee of up to $25,000, with a total initial investment range of $614,250 to $1,927,640. Franchising Since: 1951. If you want to know if you meet the qualifications complete and submit our online information request form. Thomas E White | | You may be asking yourself a number of questions right now, starting with: Is Circle K the right fit for me? We offer a business model that makes franchising convenient. Any business is going to have risk, but it is important to have a full understanding of the amount of investment, startup cost and "ROI" (Return on Investment). Cash Investment: $100,000 Why become a Circle K franchisee? For more than 50 years, Circle K has been one of North America's most well-liked and booming operators of convenience stores. To view this video please enable JavaScript, and consider upgrading to a web browser that or. Remain connected withus on urgent updates, Access our companyprofile page on LinkedIn, Copyright 2021 © The term of agreement will be 10 consecutive years, … The fee will be $15,000. Circle K Stores, Inc.'s top competitors are ampm, 7-Eleven and Stewart's Shops. © 2021 EzineArticlesAll Rights Reserved Worldwide, Understanding the Franchise Rule Study the FTC Requirements, The Benefits of Buying A Nursing Staffing Franchise. 1.0 out of 5. As a franchisee, you get business assistance that other independent operators cannot provide. Reviews, 42 Based on the opinion of 1 person. 184 Articles, By Primary Services: Fast Food Franchises, Retail Franchises, Overall Franchises. Create New Account. We believe that the amount of effort and finances a franchise places into supporting and maintaining long-term growth for their franchises is a crucial component of great benefit to our visitors. Learn more about the exciting opportunities tied to a business model that begins profitable by visiting: http://whatsbetterthanafranchise.com. supports HTML5 video, To view this video please enable JavaScript, and consider upgrading to a web browser that, Apply For Rankings | Circle K at 4903 Old National Hwy, College Park, GA is a convenience store and gas station offering a wide variety of products for people on the go. If you're interested in applying for rankings, provide us with more information. Ensure your potential customers see the most recent and accurate data about your company. Log In. Couche-Tard, one of the world’s leading convenience retailers, acquired the brand in 2003, and announced in September 2015 the creation of a new global convenience brand, “Circle K.” This new Circle K brand will replace Couche-Tard’s existing Circle K… Submitted On March 05, 2011. Franchising with Circle K can be a win-win decision for you. If you are interested in having your company included on our rankings, click here. Franchise Website Development Services (1). Cash Investment: $100,000. Privacy Policy | 11 were here. Compare where Circle K landed on this year’s Franchise 500 Ranking versus previous years. Year Founded: 1951. The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees. Reviews, 16 Tracy Williams. Be a part of our list and close more business. As a Circle K franchisee, you receive business assistance that independent operators cannot leverage. 8/10 buyers choose a recommended vendor. Not only in the southern, western and southwestern U.S., but also in other six different countries the stores of Circle K can be found. The latest review I'm complaining about your employee Jay was posted on Apr 25, 2021. You get national brand recognition, consistent messaging across all Circle K's to extend your reach and advertising buck, centralized purchasing power, and established vendor relationships. It is important for the franchise to have historical growth and a long-term growth prospect for franchisee benefit. One way and in my opinion the best way to cut overhead, startup and investment cost is to take advantage of the new age of entrepreneurship and start a business from the comfort of your home. Circle K Franchise Benefits. Circle K at 100 Sandstone Dr, Walkersville, MD, US is a convenience store and gas station offering a wide variety of products for people on the go. Circle K at 489 E Keene Rd, Apopka, FL is a convenience store and gas station offering a wide variety of products for people on the go. Their stores are recognized around the world for offering on-the-go consumers a wide range of quality products and services in a fast, pleasant manner, and clean locations. Second, you must make the decision to become self-employed. The total investment to open and operate a Circle K franchise ranges from $171,000 to $1.9 million. A royalty fee of 4.5% of gross sales is paid to the company (franchisees who forgo funding from the company will pay a royalty fee of 3.7% of gross sales. Any franchisee looking to start a business is looking for a long-term investment which will ultimately pay off. Contact Us. Learn more about your presence on franchiserankings.com. We rely on user reviews and ratings in order to help our buyers. Not Now. Circle K Franchise Cost / Initial Investment / Circle K Franchise Income. Why Circle K. From the moment you contact a Franchise Development Manager, to the day your site opens for business, the knowledgeable and committed Circle K Franchise team is dedicated to supporting you. You get national brand recognition plus you'll be gaining the chance to help customers that you may feel are in the rush. We will never sell or rent your email address. Damian joined Circle K in December 2015 as the Head of Retail Operations managing 84 of our company owned sites before being appointed to Head of Retail Operations for the franchise channel. … Revenue: Unknown. Thus today it became one of the renowned food store corporate house in the world. During our investigation of the best convenience store franchises we often look to those which continue to provide their franchisees with promotional materials, new products, and other benefits to maintain their existing clients while expanding. Get detailed information on the Circle K franchise for sale: cost, fees, investments, and requirements. Express Convenience Centers. See more of Circle K Franchise on Facebook. Use of this website constitutes acceptance of Terms & Conditions | Thomas E White. If you are already a store owner with little or no local competition, they can give you operational opportunities. 5 were here. We take a unique approach to defining the value of a franchise by comparing the relative financial performance of the franchise, the established identity and familiarity of the brand within the industry, and the operational organization within the franchise. 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