FDD-based startup cost, franchise fee, revenue, profit, SBA default rate, and investment risk signals for Circle K.
Based on 2024 FDD · 1 filing in corpus
Cost and profit at a glance
Based on FDDIQ's FDD corpus, a Circle K franchise shows an estimated initial investment of $309K – $5.4M. Reported owner economics show $115K. Use the links below to compare the cost, revenue, SBA loan history, and ROI against other franchises before you request the full FDD.
Quick fee read: $25K franchise fee · 3.3% royalty/ad burden. These figures are directional screening data, not a substitute for reading the current FDD and speaking with existing operators.
Circle K requires a total initial investment of $309K to $5.4M (midpoint approximately $2.8M), with an initial franchise fee of $25K. The ongoing fee burden is 3.3% . This is below the industry average of approximately 11.2%, leaving more margin for the operator.
According to Item 19 of the 2024 FDD, the median revenue for Circle K locations is $1.3M. The implied franchisee EBITDA is approximately $115K, based on the margin assumptions disclosed in the FDD. The estimated cash-on-cash return is 4.0% with a payback period of approximately 24.7 years.
Circle K operates approximately 639 franchised units. The brand is growing, with a 3.6% net unit increase year-over-year, indicating franchisee demand and system health. The SBA 7(a) loan default rate of 0.0% is well below the industry average of approximately 8.1%, indicating strong franchisee financial outcomes.
Prospective franchisees should verify all figures against the most recent FDD, conduct validation calls with multiple existing franchisees, and consult with a franchise attorney before signing any agreement.
Analysis based on 2024 FDD filing. FDDIQ Editorial Team · Methodology
Estimated using sector-average margins. Actual franchise economics vary by location, operator, and market conditions.
Industry averages based on FranchiseIQ corpus benchmarks. ▲ = better than avg, ▼ = worse.
Real lending data from SBA 7(a) loans (2020-2026). 13 loans across 4 states.
Source: SBA 7(a) loan data via FOIA. Default rate = charged-off loans / total originated. Industry avg default rate ~7.2%.
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