Circle K Standard
Franchise research report · reviewed 2026 disclosure data
Researching Circle K Standard franchise opportunities? Every figure below is cited to the FDD.
Circle K franchise operates one of North America's largest convenience store chains, known for fresh food, beverages, and fuel services at thousands of location
Headline figures
Quick facts
- How much does it cost to open a Circle K Standard franchise?
- The Circle K Standard Franchise Disclosure Document reports separate estimated initial investments by format: $1,472,500–$2,874,650 for new/rebuilt store — total investment — excludes acquiring real estate (2026 FDD, Item 7, PDF p. 37); $327,500–$1,481,650 for conversion only (store conversion — total investment — excludes acquiring real estate) (2026 FDD, Item 7, PDF p. 38); $563,150–$2,172,150 for conversion only (motor fuel conversion — total investment excluding real estate — low initial investment estimate) (2026 FDD, Item 7, PDF p. 42); $18,150–$137,150 for branded business — total excluding real estate — low initial investment estimate (2026 FDD, Item 7, PDF p. 44); $2,588,150–$7,842,150 for new or rebuilt motor fuel business total investment excluding real estate — low estimate (2026 FDD, Item 7, PDF p. 41); $1,462,500 for cover new circle k store total investment — low estimate (2026 FDD, Item 7, PDF p. 1); $317,500 for conversion only (cover converted circle k store total investment — low estimate) (2026 FDD, Item 7, PDF p. 1). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
- What is the Circle K Standard initial franchise fee?
- The disclosed initial franchise fee for a standard single unit is $1,000 (2026 FDD, Item 5, PDF p. 21). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
- What ongoing fees does Circle K Standard charge?
- The disclosed ongoing royalty is $4 (2026 FDD, Item 6, PDF p. 23). Other recurring fees are listed in Item 6. Details
- Does Circle K Standard disclose financial performance (Item 19)?
- No. The reviewed Circle K Standard FDD states that it does not make a financial performance representation in Item 19. Details
- How many Circle K Standard locations are there?
- The FDD reports 6,071 outlets at the end of 2026 (2026 FDD, Item 20, PDF p. 86). Existing locations do not indicate territory availability. Details
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1The 2026 FDD (Item 7) estimates opening costs separately by format: $1,472,500 – $2,874,650 (New/rebuilt Store — Total investment — excludes acquiring real estate); $327,500 – $1,481,650 (Store conversion — Total investment — excludes acquiring real estate); $563,150 – $2,172,150 (Motor Fuel conversion — Total investment excluding real estate — low initial investment estimate); $18,150 – $137,150 (Branded Business — Total excluding real estate — low initial investment estimate); $2,588,150 – $7,842,150 (New or rebuilt motor fuel business total investment excluding real estate — low estimate); $1,462,500 (Cover new Circle K store total investment — low estimate); $317,500 (Cover converted Circle K store total investment — low estimate); several initial fee options apply.
- 2The franchisor makes no financial performance representation in Item 19.
- 3Outlets declined by 54 in 2026, to 6,071 (United States, as labeled in the FDD, Item 20).
From reviewed FDD figures only. Not a recommendation or projection.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Range across 7 single-unit formats
2026 FDD · Item 7
Formats disclosed in Item 7 (7)
Each format has its own total. The total depends on the format you choose.
- Branded Business — Total excluding real estate — low initial investment estimatePDF p. 44$18,150 – $137,150
- Cover converted Circle K store total investment — low estimatePDF p. 1$317,500
- Store conversion — Total investment — excludes acquiring real estatePDF p. 38$327,500 – $1,481,650
- Motor Fuel conversion — Total investment excluding real estate — low initial investment estimatePDF p. 42$563,150 – $2,172,150
- Cover new Circle K store total investment — low estimatePDF p. 1$1,462,500
- New/rebuilt Store — Total investment — excludes acquiring real estatePDF p. 37$1,472,500 – $2,874,650
- New or rebuilt motor fuel business total investment excluding real estate — low estimatePDF p. 41$2,588,150 – $7,842,150
Standard single-unit franchise fee
2026 FDD · Item 5 · PDF p. 21
Discounted and multi-unit options are separate; see all fees.
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
- Store royalty range; gross sales, monthly ACH 25thMain ongoing fee
84 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
No financial performance representation in Item 19
The reviewed 2026 FDD for Circle K Standard has no Item 19 figures on record. Franopolis does not estimate revenue or earnings in their place; ask the franchisor and current owners what unit-level information they can share.
Outlet Changes — Item 20
How has the outlet count changed?
United States, as labeled in the FDD · counts as of 2026 of each year.
2026 FDD · Item 20 · PDF p. 86
Net +8 outlets, 2024–2026
Year-end counts reported in Item 20. The scale starts at zero, so the line looks nearly flat; the labels between the dots show each year's change. Openings and closures for 2026 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2026 Item 7 estimate ($18,150 – $7,842,150) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Circle K Standard reports no financial performance figures in Item 19. What information can you share about unit-level results?
Reported units decreased from 6,125 to 6,071 in 2026. What drove the change?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2026 FDD)
- [1]Standard initial franchise fee — Item 5 · PDF p. 21
- [2]Outlet counts — Item 20, Table 1 · PDF p. 86
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD
Territory & operations
60 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| 2026 | royalty and other receivables | $18,961,769 |
| 2026 | current portion of notes receivable from franchisees | $1,921,592 |
| 2026 | total current assets | $20,883,361 |
| 2026 | long-term portion of notes receivable from franchisees | $8,392,294 |
| 2026 | other assets | $23,905,102 |
| 2026 | goodwill | $11,490,467 |
| 2026 | total assets | $87,024,454 |
| 2026 | deferred revenueMore than one value recorded for this year — open the FDD source before comparing | $1,215,896 |
| 2026 | total current liabilities | $29,772,422 |
| 2026 | interest and other revenue | $6,020,573 |
| 2026 | total shareholder's equity | $51,249,612 |
| 2026 | initial franchise sales | $1,065,745 |
| 2026 | total revenues | $73,350,063 |
| 2026 | trademark expense | $361,062 |
| 2026 | depreciation and amortization expenseMore than one value recorded for this year — open the FDD source before comparing | $6,930,927 |
| 2026 | total expenses | $42,516,812 |
| 2026 | loss) on disposals and terminations | -$262,096 |
| 2026 | income before income taxes | $30,571,155 |
| 2026 | provision for income taxes | $7,732,482 |
| 2026 | net income and comprehensive incomeMore than one value recorded for this year — open the FDD source before comparing | $22,838,673 |
| 2026 | net income and comprehensive incomeMore than one value recorded for this year — open the FDD source before comparing | $22,838,673 |
| 2026 | depreciation and amortization expenseMore than one value recorded for this year — open the FDD source before comparing | $6,930,927 |
| 2026 | amortization of notes receivable from franchisees and of other assets | $3,507,859 |
| 2026 | change in royalty and other receivables | -$7,777,756 |
| 2026 | change in current liabilities | -$1,536,022 |
| 2026 | change in deferred revenue | -$1,002,173 |
| 2026 | purchase of property and equipment and intangibles | -$410,688 |
| 2026 | intangible assets net | $7,775,292 |
| 2026 | net cash used for investing activities | -$7,485,537 |
| 2026 | net advances to parent | -$15,712,129 |
| 2026 | net cash used for financing activities | -$15,712,129 |
| 2026 | transfer of property, equipment, and other assets through payable to parent | $1,901,544 |
| 2026 | transfer of notes receivable from franchisee through payable to parent | $10,313,886 |
| 2026 | income taxes paid | $664,729 |
| 2026 | property and equipment net | $9,345,040 |
| 2026 | note receivable from parent | $5,000,000 |
| 2026 | purchase of other assets | -$8,001,921 |
| 2026 | deferred revenueMore than one value recorded for this year — open the FDD source before comparing | $6,002,420 |
| 2026 | total liabilities | $35,774,842 |
| 2026 | common stock | $10 |
| 2026 | additional paid-in capital | $88,201,000 |
| 2026 | retained earnings | $38,155,041 |
| 2026 | receivable from parent | -$75,106,439 |
| 2026 | payable to affiliate | $2,064,323 |
| 2026 | selling, general, and administrative expenses | $35,224,823 |
| 2026 | proceeds on disposal of property and equipment | $927,072 |
| 2026 | loss on disposals and terminations | $262,096 |
| 2026 | payment of dividends through reduction of receivable from parent | $20,000,000 |
| 2026 | change in deferred income taxes | -$25,938 |
| 2026 | net cash provided by operating activities | $23,197,666 |
| 2026 | deferred income taxes | $232,898 |
| 2026 | accounts payable and accrued liabilities | $26,492,203 |
| 2026 | royalty and promotional fees | $57,515,765 |
| 2026 | fuel sales, net | $8,747,980 |
| 2025 | total current assets | $11,184,013 |
| 2025 | goodwill | $11,490,467 |
| 2025 | total assets | $70,162,851 |
| 2025 | total current liabilities | $31,320,880 |
| 2025 | deferred revenueMore than one value recorded for this year — open the FDD source before comparing | $6,992,157 |
| 2025 | fuel sales, net | $4,205,466 |
| 2025 | interest and other revenue | $6,503,683 |
| 2025 | property and equipment net | $12,287,489 |
| 2025 | total shareholder's equity | $31,849,814 |
| 2025 | initial franchise sales | $1,036,157 |
| 2025 | total revenues | $71,167,087 |
| 2025 | selling, general, and administrative expenses | $37,295,957 |
| 2025 | trademark expense | $391,871 |
| 2025 | total expenses | $45,463,880 |
| 2025 | income before income taxes | $25,695,597 |
| 2025 | provision for income taxes | $6,607,382 |
| 2025 | net income and comprehensive incomeMore than one value recorded for this year — open the FDD source before comparing | $19,088,215 |
| 2025 | net income and comprehensive incomeMore than one value recorded for this year — open the FDD source before comparing | $19,088,215 |
| 2025 | depreciation and amortization expenseMore than one value recorded for this year — open the FDD source before comparing | $7,776,052 |
| 2025 | loss on disposals and terminations | $7,610 |
| 2025 | amortization of notes receivable from franchisees and of other assets | $3,054,368 |
| 2025 | change in deferred income taxes | -$604,274 |
| 2025 | change in deferred revenue | -$747,274 |
| 2025 | net cash provided by operating activities | $22,963,152 |
| 2025 | proceeds on disposal of property and equipment | $247,489 |
| 2025 | net advances to parent | -$17,106,379 |
| 2025 | net cash used for financing activities | -$17,106,379 |
| 2025 | transfer of property, equipment, and other assets through payable to parent | $577,510 |
| 2025 | payment of dividends through reduction of receivable from parent | $19,000,000 |
| 2025 | income taxes paid | $1,510,605 |
| 2025 | deferred income taxes | $206,960 |
| 2025 | note receivable from parent | $5,000,000 |
| 2025 | accounts payable and accrued liabilities | $27,642,008 |
| 2025 | purchase of other assets | -$4,584,922 |
| 2025 | other assets | $19,353,216 |
| 2025 | payable to affiliate | $2,450,540 |
| 2025 | deferred revenueMore than one value recorded for this year — open the FDD source before comparing | $1,228,332 |
| 2025 | additional paid-in capital | $88,201,000 |
| 2025 | receivable from parent | -$91,667,564 |
| 2025 | retained earnings | $35,316,368 |
| 2025 | royalty and other receivables | $11,184,013 |
| 2025 | total liabilities | $38,313,037 |
| 2025 | common stock | $10 |
| 2025 | depreciation and amortization expenseMore than one value recorded for this year — open the FDD source before comparing | $7,776,052 |
| 2025 | change in royalty and other receivables | -$2,551,932 |
| 2025 | change in current liabilities | -$3,059,613 |
| 2025 | intangible assets net | $10,640,706 |
| 2025 | loss) on disposals and terminations | -$7,610 |
| 2025 | net cash used for investing activities | -$5,856,773 |
| 2025 | purchase of property and equipment and intangibles | -$1,519,340 |
| 2025 | royalty and promotional fees | $59,421,781 |
| 2024 | fuel sales, net | $2,723,519 |
| 2024 | total revenues | $70,343,814 |
| 2024 | selling, general, and administrative expenses | $36,565,205 |
| 2024 | trademark expense | $408,796 |
| 2024 | depreciation and amortization expenseMore than one value recorded for this year — open the FDD source before comparing | $8,959,374 |
| 2024 | loss) on disposals and terminations | -$1,541,825 |
| 2024 | income before income taxes | $22,868,614 |
| 2024 | net income and comprehensive incomeMore than one value recorded for this year — open the FDD source before comparing | $15,286,241 |
| 2024 | depreciation and amortization expenseMore than one value recorded for this year — open the FDD source before comparing | $8,959,374 |
| 2024 | loss on disposals and terminations | $1,541,825 |
| 2024 | amortization of notes receivable from franchisees and of other assets | $2,115,617 |
| 2024 | change in royalty and other receivables | $1,512,943 |
| 2024 | change in current liabilities | $3,268,261 |
| 2024 | change in deferred income taxes | $648,289 |
| 2024 | change in deferred revenue | -$995,740 |
| 2024 | net cash provided by operating activities | $32,336,810 |
| 2024 | proceeds on disposal of property and equipment | $556,366 |
| 2024 | net cash used for investing activities | -$10,502,062 |
| 2024 | net advances to parent | -$21,834,748 |
| 2024 | payment of dividends through reduction of receivable from parent | $18,000,000 |
| 2024 | income taxes paid | $734,753 |
| 2024 | purchase of other assets | -$8,059,530 |
| 2024 | interest and other revenue | $5,867,604 |
| 2024 | purchase of property and equipment and intangibles | -$2,998,898 |
| 2024 | total expenses | $45,933,375 |
| 2024 | provision for income taxes | $7,582,373 |
| 2024 | net income and comprehensive incomeMore than one value recorded for this year — open the FDD source before comparing | $15,286,241 |
| 2024 | net cash used for financing activities | -$21,834,748 |
| 2024 | transfer of property, equipment, and other assets through payable to parent | $268,572 |
| 2024 | royalty and promotional fees | $60,722,633 |
| 2024 | initial franchise sales | $1,030,058 |
These figures describe the franchisor company, not individual franchise locations.
SBA-backed loans to franchisees
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Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Reader notes on wording
Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.
Item 20 · PDF p. 86 · 2026 FDD
Our summary: Table 1 Systemwide 2024 — End of year
“2024 5928 6063 +135”
Note: Item 20 claim is state/geography-specific or not a national/systemwide Total row; it cannot be verified under the required scope.
Item 20 · PDF p. 86 · 2026 FDD
Our summary: Table 1 Systemwide 2024 — Start of year
“2024 5928 6063 +135”
Note: Item 20 claim is state/geography-specific or not a national/systemwide Total row; it cannot be verified under the required scope.
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.



