CIRCLE K

FRANCHISE
DINUKASACHINGAMELIYANAGE 183AIB004
KASUN INDRAJITH BANDARA LABUTHALE WALAWWE 183AIB006
CIRCLE K HISTORY
Circle K Stores, Inc. is an international chain of
convenience stores.
Owned by the Canadian multinational
Alimentation Couche-Tard.

Founded in 1951 in El Paso Texas.

There were 1,000 circle k stores across the U.S.
In 1979.
In 1999, a franchise program was introduced.
Brand represented in over 20 countries.

Estimated Number of Units: 11,150

 FRANCHISE DESCRIPTION

TMC Franchise Corporation is the franchisor. Circle K Stores Inc. is the

franchisor’s parent company. 

The franchisor offers to certain qualified franchisees a franchise

arrangement for Circle K stores which consists of a franchise agreement for
the right to use the

mark and other distinctive marks, and the business system in connection

with the operation of a single Circle K convenience store business.
 TRAINING OVERVIEW

 Franchisees or their operations manager and their store manager must

successfully complete the training program to the franchisor’s satisfaction.

 Franchisees will receive two weeks of classroom training and up to two weeks
of in-store training, which may overlap with the two weeks of classroom
training.

 The franchisor may hold additional or refresher training courses from time to
time, and may require that franchisees and their store managers
 TERRITORY GRANTED

 franchisees the right to operate one convenience

store only at the location specified.

 Franchisees will not receive an exclusive territory.

 Franchisees may face competition from other

franchisees, from outlets that owned
by the franchisor,
 Term of Agreement and Renewal

 The length of the initial franchise term is for 10 years from the date
the store is deemed by the franchisor to be open for business.

 If franchisees are in good standing, they can renew for one renewal
term.

 Franchisees must execute the then-current form of Franchise

Agreement at renewal.
 Financial Assistance

 The franchisor offers an equipment/construction funding program

for the convenience store offering.

 If franchisees accept funding for the store, the franchisor will use
these funds to off-set the cost of equipment and construction at the
store, and pay invoices on the franchisee’s behalf

 The amount of funding offered will depend on Circle K store is a

newly constructed store or conversion Circle K store.
 TYPES OF FEES

Single Site Operator: 3.0% to 7.5% of total gross sales, with a minimum of $1,000 per
month;
ROYALTY FEES (SINGLE SITE) Multi-Site Operator: 2.5% to 7.5% of total gross sales, with a minimum of $1,000 per
month.

ROYALTY FOR ADDITIONAL Currently, 1% of total gross sales of an additional business that is a coffee/pastry offering.
BUSINESS PRODUCT OR
SERVICE OFFERING
Varies depending on the program but currently ranges from 5% to 75% of optional
OPTIONAL PROGRAM FEES program revenue.
General Promotional Fee: 0.25% of gross sales (on gross sales of up to $125,000) for
general promotional costs;
Local and Regional Promotional Fee: Up to 1.25% of gross sales (on gross sales of up to
$125,000) for local and regional promotional costs;
PROMOTIONAL FEES
National Promotional Fee: Up to 0.25% of gross sales (on gross sales of up to $125,000).
 THANK
CIRCLE K
YOU
FRANCHISE
DINUKASACHINGAMELIYANAGE 183AIB004
KASUN INDRAJITH BANDARA LABUTHALE WALAWWE 183AIB006