Circle K Franchise Review 2026: Ratings & Verdict

Product details

Contents

Key facts


The Verdict

Quick Verdict · who it fits

Circle K fits first-time franchise buyers looking for a mature retail concept.

✓ Strengths

⚠ Risks to review

Key FDD Facts

The numbers a buyer needs first — straight from the filing.

Initial investment (Item 7)

$328K - $2.9M

Franchise fee (Item 5)

$25K

Royalty (Item 6)

3.5–6% + 0.25–1.5% ad

System size (Item 20)

515 +7

Years in business

31+ yrs

Company-owned units

5,556

Item 3 litigation

6 suits

Model Circle K's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.

Buyer qualifications

✓Financing available•No exclusive territory✓Semi-absentee eligible✓No bankruptcy disclosed•6 Item 3 cases

Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.

What you'd pay the franchisor

Drag to your projected annual sales. Royalty 3.5–6% + ad fund 0.25–1.5% on gross sales.

PROJECTED ANNUAL SALES$500,000

$100k$2M

Royalty (3.5–6%)

Ad fund (0.25–1.5%)

Total / year

▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration

Executive Summary

Free AI summary — the first read on the filing.

Key Numbers

6,125

Total units open

569 franchised + 5,556 company-owned, including Motor Fuel locations

18 franchised locations

Units opened last year

25 franchised locations ceased operations

Units closed last year

-17 franchised units

Net unit growth

2025

AI Due Diligence Findings PREMIUM

What our analysis flagged across the 2026 filing.

5

Risks to review

4

Strengths identified

5

Questions to ask

Industry Benchmarks

How Circle K ranks against 119 Retail peers we've analyzed.

Initial investment

81st pct · of 119 peers

Franchise fee

25th pct · of 119 peers

System size

90th pct · of 119 peers

Retail industry averages

Avg investment

$246K - $701K

Avg franchise fee

$37K

Avg system size

238

Franchises analyzed

119

How Circle K stacks up

Closest concepts by category and investment.

Brand Item 19 Fee Investment Royalty Units
Circle K None $25K $328K - $2.9M 3.5–6% 515
Cleaners DepotSimilar price Disclosed $30K $263K - $3.0M 3.5–6.5% 52
7-ElevenBiggest system Disclosed $163K - $1.7M 45–56% 7,274
Byrider Franchising PartnersTop-rated in category Disclosed $60K $947K - $1.6M 1–2.5% 81

Compare side-by-side ↗

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Frequently Asked Questions

How much does a Circle K franchise cost?

Circle K requires a $25,000 initial franchise fee and a total initial investment range of $327,500–$2,874,650, per the most recent FDD on file.

Who owns Circle K?

Circle K is franchised by TMC FRANCHISE CORP, the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the franchisor's corporate history, parents, and predecessors.

Does Circle K disclose financial performance (Item 19)?

No. Circle K does not include a financial performance representation in its FDD. Prospective buyers should rely on validation calls with existing franchisees and benchmark against industry medians.

What ongoing fees does Circle K charge?

Franchisees pay a royalty of 3.5% to 6.0% of Gross Sales, with a minimum of $1,000 per month and an advertising fund contribution of 0.25% to 1.5% of Gross Sales on gross sales as defined in Item 6 of the FDD.

How many Circle K locations are there?

As of their 2026 FDD, Circle K has 515 total locations, with 7 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.

Does Circle K grant exclusive territory?

No. Circle K does not grant exclusive territory rights under Item 12. The franchisor retains the right to operate or grant additional units inside or adjacent to your trade area.

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