FDD ITEM 20 · FISCAL 2024–2026
CIRCLE K Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2026), CIRCLE K reported 515 franchised outlets at year end. 61 of 569 franchised outlets open at the start of the year left the system — an annualized exit rate of 10.7%— while 7 new outlets opened. Systemwide units moved +0.1% over 2024–2026.
| Status (FTC) | 2024 | 2025 | 2026 |
|---|---|---|---|
| Outlets at start | 5,928 | 6,063 | 6,125 |
| Opened | 22 | 18 | 7 |
| Transfers | 26 | 32 | 20 |
| Terminations | 32 | 25 | 35 |
| Non-renewals | 23 | 10 | 26 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 20 | 0 | 0 |
| Outlets at end | 6,063 | 6,125 | 6,071 |
| Net change | +135 | +62 | -54 |
35 terminations + 26 non-renewals + 0 ceased (other) = 61 exits ÷ 569 at start = 10.7%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (20) 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 |
|---|---|---|
| CA | 195 | 175 |
| FL | 94 | 734 |
| GA | 75 | 305 |
| TX | 35 | 705 |
| VA | 18 | 20 |
| NJ | 15 | — |
| AL | 14 | 202 |
| MA | 12 | 14 |
| OR | 10 | 19 |
| WA | 7 | 47 |
| MD | 6 | 2 |
| IL | 5 | 305 |
| HI | 4 | — |
| CT | 3 | — |
| MS | 3 | 89 |
| NY | 3 | 24 |
| PA | 3 | 9 |
| RI | 3 | — |
| DE | 2 | — |
| MI | 2 | 46 |
| WV | 2 | 15 |
| IN | 1 | 160 |
| MN | 1 | 34 |
| NH | 1 | 61 |
| OH | 1 | 263 |
| AK | 0 | 21 |
| AR | 0 | 56 |
| AZ | 0 | 586 |
| CO | 0 | 191 |
| IA | 0 | 5 |
| ID | 0 | 4 |
| KY | 0 | 91 |
| LA | 0 | 193 |
| ME | 0 | 87 |
| MO | 0 | 63 |
| MT | 0 | 21 |
| NC | 0 | 348 |
| ND | 0 | 14 |
| NM | 0 | 92 |
| NV | 0 | 44 |
| OK | 0 | 20 |
| SC | 0 | 251 |
| SD | 0 | 29 |
| TN | 0 | 171 |
| VT | 0 | 6 |
| WI | 0 | 32 |
| WY | 0 | 2 |
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