Franchising

Circle K – Franchise Review

Circle K is a well-known and successful operator of convenience shops in North America. It has been around for over 50 years. Circle K has over 3,300 stores in the USA today, with over 4,000 locations overseas.

Their aim is to be the best shop, work and place to buy. They are known for providing quality products and services to customers on the go in convenient, clean and fast locations.

You will be a franchisee and your store will sell their award-winning brand of Premium Circle K Coffee. Thirst Buster fountain drinks, beer. Candy, ATMs, Talk And Go Mobile prepaid phones, Gift Cards, money orders and other general merchandise.

According to management, the future growth of the already huge convenience store sector is possible.

Circle K Franchising can be a win-win situation for you. Circle K can help you with operational opportunities if your store is already owned by a local competitor. Circle K is a strong brand that can help you attract new customers or retain existing customers if you are competing with a nationally recognized convenience store chain.

You get support for your business that is unavailable to independent franchisees. You will be recognized as a national brand and you can help customers in need.

Circle K was formed in 1951, when Fred Hervey bought three Kay’s Food Stores, El Paso, TX, and renamed them Circle K. Since 1957, Circle K has been its home base in Arizona and New Mexico. Circle K continued to expand its retail network with numerous acquisitions over the next decade. There are now more than 3,300 Circle K stores across the United States.

They entered the international market in 1979 when they signed a Franchise agreement to Uny Corp., Japan. Circle K International was established in 1979. It has since grown to include over 3,700 Circle K franchises in six countries, as well as the U.S. territory Guam.

You must meet the following basic criteria in order to be eligible for a Circle K Franchise License Agreement. First, you must possess $100,000 liquid assets. Second, you must also have a net value of $300,000. Third, you will have to pay a $15,000.00 Franchise Fee. You must also make the decision that you want to be self-employed. You must be prepared to review the franchise opportunity within 60 to 90 days. Finally, you need to have a site that is easily converted into a Circle K.

To find out if you are qualified, please complete our online information request form.

In today’s competitive market, it is vital that you find ways to minimize overhead and reduce risk when opening a new business. Every business has risk. But it is essential to fully understand your investment, startup cost, and ROI (Return On Investment).

Many people don’t know that 80 percent of all franchise ventures fail within the first two to five year, leaving large debts for many years.

My opinion is that the best way to reduce overhead, startup, and investment costs is to use the new age in entrepreneurship to start a business right from your own home. Online markets are offering millionaire opportunities every day. Learn more about the exciting opportunities tied to a business model that begins profitable by visiting: http://whatsbetterthanafranchise.com.

molw.net

We are a team of professionals with each having two decades of experience in start-ups, sales, marketing, finance, HR, large scale project and profit centre management and running mature cross functional operations. At Molw.net we are big believers that knowledge transfer is critical to our industry’s evolution. We love to share our experiences and learnings through our online resources.

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