7-Eleven vs Circle K Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of 7-Eleven vs Circle K including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
7-Eleven Franchise
Circle K Franchise
Investment $69,650 - $1,185,400$189,250 - $1,927,640
Franchise Fee $10,000 - $1,000,000$25,000
Royalty Fee Varies2.5%-5.5%
Advertising Fee 1%1.5%
Year Founded 19271951
Year Franchised 19641995
Term Of Agreement 15 years10 years
Term Of Agreement 15 years10 years
Renewal Fee --


Business Experience Requirements

 
7-Eleven Franchise
Circle K Franchise
Experience

7-Eleven is seeking franchise candidates that are looking for an exciting business opportunity that's full of growth potential. 7-Eleven asks that candidates meet the following criteria before being considered to franchise a 7-Eleven: *Be 21 years of age or older *Prove permanent residency in the United States *We prefer you have retail, management and/or customer service - related business experience within the United States *Not have filed for bankruptcy within the last seven years *Have excellent credit

These basic qualifications are only half the story. When considering if 7-Eleven is the right choice, candidates should consider if they possess the traits most common to successful 7-Eleven franchisees: *Can you manage multiple tasks simultaneously and adapt to market and company changes? *Can you hire, train and supervise employees? Are you willing to empower them and delegate responsibilities to them? *Are you dedicated to operations excellence? Do you focus on the details? *Are you committed to creating and managing an organization that effectively recruits, trains, retains and motivates people? *Do you have a strong desire to build incremental income through execution and the ability to implement company programs and strategies? *Do you have food service management or retail experience? *Can you deliver an exceptional customer experience while maintaining a commitment to the core values of 7-Eleven? *Do you support and understand your local community? Do you have strong ties to your community?

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Financing Options

 
7-Eleven Franchise
Circle K Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment -/--/Yes
Inventory No/Yes-/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
7-Eleven Franchise
Circle K Franchise
Training -On-The-Job Training: 24 hours Classroom Training: 56 hours
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesOngoing Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Field Operations Franchisee Intranet Platform
Marketing National media, Regional advertising Ad Templates Regional Advertising Social media Website development Email marketing Loyalty program/app
Operations

Number of employees needed to run franchised unit: 7 - 10

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Number of employees required to run: 10

Expansion Plans

 
7-Eleven Franchise
Circle K Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion YesYes

Company Overviews

About 7-Eleven



"7-Eleven

A new word for us.
A new career for you!

Franchising with the world’s #1 convenience store is easier than you think, for all kinds of reasons. With the support of a global brand and a business model built for your success, a new word was definitely in order.

Oh, Thank Heaven for 7-Eleven!

Veteran Incentives
10-20% off franchise fee, up to $50,000; preferred interest rates and special financing

""     "Entrepreneur


"franchiserankingscom"
#33 on Franchise Rankings.com
#11 in Franchise 500 for 2020.
#9 in Franchise 500 for 2021.





About Circle K

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 GoingThirstBuster® fountain drinks, beer, snacks, candy, ATMs, Talk And Go® Mobile prepaid wireless phones, Gift Cards, money orders, and general merchandise.

Many Circle K locations also sell quality branded fuels including Shell, BP, Marathon, 76®, Citgo, and Chevron.

The total investment necessary to begin operations of a Circle K convenience store franchise is from $614,250 to $1,927,640 for a newly constructed Circle K Store and $189,250 to $1,020,640 if you are converting an existing convenience store to a Circle K Store. This includes $26,000 to $27,750 that must be paid to the franchisor or their affiliates whether you open a newly constructed Circle K Store or if you convert an existing convenience store to a Circle K Store.
If you purchase an existing company-operated Circle K Store from us, the amount you will pay to the franchisor is difficult to estimate based on real estate costs as well as the ancillary businesses usually associated with a convenience store and varies depending on the purchase price the franchisor negotiates.
The total investment necessary to begin operations of a Branded Business is from $8,390 to $67,390. Of this amount, there are not any fees paid to the franchisor or an affiliate.
The total investment increases to $553,390 to $1,902,390 for a newly constructed or rebuilt Motor Fuel Business and $133,390 to $1,337,390 if you are converting an existing forecourt to a Motor Fuel Business. This includes $20,000 to $50,000 that must be paid to the franchisor or their affiliates. The total investment noted in this paragraph for a Branded Business or a Motor Fuel Business is in addition to the total investment necessary to begin operations of the Circle K convenience store franchise.
Veteran Incentives  10% off franchise fee
"Top    ""   "Entrepreneur
#4 in Canada's top franchises.

"franchiserankingscom"
#88 on Franchise Rankings.com
#174 in Franchise 500 for 2020.
#88 in Franchise 500 for 2021.