|
Below is an in-depth analysis and side-by-side comparison of Express Mart vs Circle K including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $86,200 - $361,000 | $189,250 - $1,927,640 |
Franchise Fee | $15,000 | $25,000 |
Royalty Fee | 4% | 2.5%-5.5% |
Advertising Fee | - | 1.5% |
Year Founded | 1975 | 1951 |
Year Franchised | 1990 | 1995 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | Available at headquarters | On-The-Job Training: 24 hours Classroom Training: 56 hours |
Support | Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Field Operations Franchisee Intranet Platform |
Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad Templates Regional Advertising Social media Website development Email marketing Loyalty program/app |
Operations |
Absentee ownership of franchise is allowed. (33% of current franchisees are owner/operators) | Number of employees required to run: 10 |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
Express Mart, founded in 1975 by Frank Borer, has locations in strip malls and gas stations across the northeastern United States. The company is involved in co-branding partnerships with McDonald's, Wendy's, Domino's Pizza, Subway and Dunkin' Donuts, as well as local partnerships with Jreck Subs and Mark's Pizza.
Why would you open a Circle K Franchise?
We may be biased, but we think the convenience store industry - already massive in size - is poised for growth in the future.
So why franchise with Circle K? Because it's a win-win proposition for you. If you are already an independent store owner with little or no local competition, Circle K can provide you operational advantages to keep you on top. If you're an independent store owner who competes against a large, nationally recognized convenience store chain, you need to have a powerful brand of your own - Circle K - to help you retain your existing customers and attract new ones.
At Circle K, our mission is to be the best and most convenient place
to shop, and work. Our stores are known around the world for offering
busy consumers a wide variety of quality products and services in a
fast, friendly, and clean environment.
Your neighborhood Circle K store features our award-winning brand of
the Freshest Coffee Going,® ThirstBuster® fountain drinks, beer, snacks,
candy, ATMs, Talk And Go® Mobile prepaid wireless phones, Gift Cards,
money orders, and general merchandise.