FDD ITEM 20 · FISCAL 2024–2026
CIRCLE K (STANDARD) Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2026), CIRCLE K (STANDARD) reported 72 franchised outlets at year end. 0 of 54 franchised outlets open at the start of the year left the system — an annualized exit rate of 0.0%— while 18 new outlets opened. Systemwide units moved +5.2% over 2024–2026.
| Status (FTC) | 2024 | 2025 | 2026 |
|---|---|---|---|
| Outlets at start | 4,138 | 4,444 | 4,631 |
| Opened | 30 | 13 | 18 |
| Transfers | 0 | 0 | 0 |
| Terminations | 0 | 0 | 0 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 0 | 0 |
| Outlets at end | 4,444 | 4,631 | 4,673 |
| Net change | +306 | +187 | +42 |
0 terminations + 0 non-renewals + 0 ceased (other) = 0 exits ÷ 54 at start = 0.0%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (0) are resales, not exits; reacquisitions by the franchisor (0) are tracked separately. There is no official “failure rate” — this annualized exit rate is the disclosed, measurable floor.
| State | Franchised | Company-owned |
|---|---|---|
| AR | 26 | 56 |
| TX | 14 | 372 |
| CA | 7 | 96 |
| NV | 4 | 47 |
| FL | 3 | 710 |
| NC | 3 | 345 |
| VA | 3 | 20 |
| AZ | 2 | 565 |
| MS | 2 | 87 |
| NM | 2 | 75 |
| SC | 2 | 255 |
| TN | 2 | 169 |
| IL | 1 | 179 |
| KY | 1 | 88 |
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing CIRCLE K (STANDARD)'s numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →