Earnings Claims of Top Franchises Revealed

Earnings Claims of Top Franchises Revealed

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FDD Talk: Our Latest Views on Circle K’s Average Gross Sales for Company-Operated and Franchised Stores (2014 FDD)

by Franchise Chatter on January 7, 2015

in Franchise Earnings, Retail Franchise



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Circle K Convenience Store

Highlights of Circle K’s Item 19 Financial Performance Representations (2014 FDD) – Part I

Explanatory Notes for Section I – Company-Operated Stores Average Gross Sales

  • The information provided in this Section I represents the unaudited average Gross Sales for the 3,108 company-operated Circle K Stores that were open and operating the entire 52-week period ending April 27, 2014.
  • Circle K has separated the company-operated stores data by region (West Coast, Arizona, Southwest, Southeast, Florida, Gulf Coast, Midwest, Great Lakes) and then by quartile.
  • The company-operated Circle K Stores contained in this Section I have been open on average for approximately 20 years.

Explanatory Notes for Section II – Franchised Stores Average Gross Sales

  • The information provided in this Section II represents the unaudited average Gross Sales for the 257 franchised Circle K Stores that were open and operating the entire 12-month period ending April 30, 2014 and for which Circle K received complete monthly Gross Sales information for the entire 12-month period.
  • On average, the franchised Circle K Stores included in this Section have been open and operating as Circle K Stores for an average of 5 years.

Explanatory Notes for Section III – Average Gross Sales by Store Size

  • As store size is critical to maximizing merchandise sales, the tables below illustrate the annual merchandise sales for both company-operated Circle K Stores and its franchised Circle K Stores based upon square footage.
  • The information contained in this Section III for company-operated Circle K Stores includes the unaudited average Gross Sales for 3,108 company-operated Circle K Stores that were open and operating the entire 52-week period ending April 27, 2014.
  • The information contained in this Section III for franchised Circle K Stores includes the unaudited average Gross Sales for the 257 franchised Circle K Stores that were open and operating the entire 12-month period ending April 30, 2014.

Section I – Company-Operated Stores Average Gross Sales (for 52-week period ending April 27, 2014)

West Coast (CA. OR, WA)

Top Quartile



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