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Circle K franchise financing options

Compare costs, fees and where to get financing for a Circle K.

Overall costs for Circle K run anywhere from $613,250 to $1,926,250. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

Estimated initial costs

Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Circle K franchise may result in higher or lower fees.

Franchise fees

Circle K franchise fees total around $20,000, which beats out the $37,000 average for the 200 largest franchises nationwide.
Franchise Cost
Initial franchise fee $0 to $25,000
Grand opening costs $5,000 to $10,000
Estimated total $5,000 to $35,000

Equipment fees

Equipment fees total $342,500 for Circle K. This costs more than the $180,023 average for the top 200 franchises.
Equipment Cost
Fixtures, furniture and equipment $175,000 to $325,000
EPOS and computer systems $39,000 to $46,000
Signs $15,000 to $85,000
Estimated total $229,000 to $456,000

Real estate fees

Real estate will set you back $776,500 for Circle K, thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
Real estate Varies to
Construction, remodeling, and leasehold improvements $175,000 to $950,000
Other site development costs, including site development fee $120,750 to $300,750
Utility deposits $1,500 to $5,000
Estimated total $297,250 to $1,255,750

Training fees

Circle K initial training costs total $10,500 — more than the nationwide average of $9,788.
Training Cost
Back-office system training fee $1,000 to $1,000
Travel and living expenses while training $3,500 to $15,500
Estimated total $4,500 to $16,500

Inventory costs

Initial inventory for Circle K shakes out to $80,000. This is more expensive than the nationwide average of $53,119.
Inventory Cost
Merchandise inventory $60,000 to $100,000
Estimated total $60,000 to $100,000

Licenses and permits costs

Circle K initial licenses and permits will set you back $6,000. This comes out to less than $18,770 — the overall nationwide average.
Licenses and permits Cost
Security deposits and licenses and permits $2,000 to $10,000
Estimated total $2,000 to $10,000

Insurance costs

Initial insurance costs for Circle K run $8,250. This means you'll be paying more than the overall nationwide average of $6,311.
Insurance Cost
Insurance $4,500 to $12,000
Estimated total $4,500 to $12,000

Administrative fees

Circle K administrative fees total up to $8,000 — which comes in over the overall nationwide average of $6,761.
Admin Cost
Vendor deposits $0 to $16,000
Network fee The then-current fee; currently $50 per month.
Communications fee The then-current fee; currently $80 per month.
Estimated total $0 to $16,000

Other expenses

Miscellaneous expenses for Circle K total $18,000 — less than the nationwide average of $69,970.
Other Cost
Professional fees $1,000 to $5,000
Three months' additional funds $10,000 to $20,000
Estimated total $11,000 to $25,000
All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2021.

How to finance

Since the estimated total for Circle K is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the Circle K franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to Circle K about in-house financing for franchisees.
  3. If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $1,269,750 estimated opening costs.
  4. Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
  5. Once you settle on a lender, gather all required documents, including account statements and assets.
  6. Apply for financing online or in person as required by the lender.

What types of financing is available?

You have several options when it comes to financing a Circle K — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.
  • Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
  • Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of Circle K opening costs.
  • SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.
Also check if Circle K franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.

Compare small business lenders

You may not need financing to cover the estimated $613,250. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
Name Product Filter Values Min. Amount Max. Amount Requirements
Fora Financial business loans
$5,000
$500,000
6+ months in business, $12,000+ monthly revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.
Lendio business loans
$500
$5,000,000
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
National Funding business loans
$5,000
$500,000
Be in business at least one year and make at least $150,000 in annual sales. Other loan types have additional requirements.
Working capital loans and equipment financing, some high-risk industries may be eligible.
Fundbox lines of credit
$1,000
$150,000
6 + months in business, $100,000+ in annual revenue, 600+ credit score
Get flat rate, short-term financing based on the financial health of your business, not your credit score.
Bitty Advance business cash advances
$2,000
$25,000
$5,000 monthly bank revenue, 6+ months in business, business bank account open 3+ months, 450+ credit score
With APRs in the triple digits, this is best saved as a last resort.
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How Circle K stacks up

Compare how Circle K holds up against two similarly sized franchises.
Century 21 Circle K BNI Global
Average Franchise fees $12,500 $20,000 $45,000
Average Equipment fees $21,400 $342,500 $7,500
Average Real estate fees NA $776,500 $750
Average Training fees NA $10,500 $5,200
Average Inventory fees NA $80,000 NA
Average Marketing fees $5,000 NA $750
Average Licenses and permits fees NA $6,000 NA
Average Insurance fees $1,500 $8,250 $2,250
Average Admin fees $23,150 $8,000 NA
Average Personnel fees $450 NA NA
Average Other fees $375 $18,000 $9,000

Bottom line

Circle K franchise costs run a total of $1,269,750. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.

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