Circle K – Franchise Review

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For more than 50 years, Circle K has been one of North America’s most well-liked and booming operators of convenience stores. Today, there are more than 3,300 Circle K stores all over the USA and over 4,000 sites overseas.

Their motive is to be the best place to shop, and work. 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.

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 management thinks that the convenience store industry, which is already massive in size, is on the brink for future growth.

Franchising with Circle K can be a win-win decision for you. If you are already a store owner with little or no local competition, they can give you operational opportunities. 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.

As a franchisee, you get business assistance that other independent operators cannot provide. You get national brand recognition plus you’ll be gaining the chance to help customers that you may feel are in the rush.

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. 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.

In 1979, they penetrated the international market when the signed a Franchise agreement with Uny Corp. in Japan. 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.

There are basic criteria to qualify for a Circle K Franchise License Agreement. First, you must have $100,000 in liquid assets and have a net worth of $300,000 and pay a Franchise Fee of $15,000.00. Second, you must make the decision to become self-employed. Third, you have to be prepared to complete a review of the franchise opportunity within 60-90 days. 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.

If you want to know if you meet the qualifications complete and submit our online information request form.

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. 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).

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.

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. Opportunities have emerged in the online market that are creating millionaires every single day. Learn more about the exciting opportunities tied to a business model that begins profitable by visiting: http://whatsbetterthanafranchise.com.

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Source by Thomas E White