Circle K vs NightOwl Convenience Store Franchise Comparison

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

Start-Up Costs and Fees

 
Circle K Franchise
NightOwl Convenience Store Franchise
Investment $189,250 - $1,927,640$315,000 - $395,000
Franchise Fee $25,000N/A
Royalty Fee 2.5%-5.5%-
Advertising Fee 1.5%-
Year Founded 1951-
Year Franchised 1995-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Circle K Franchise
NightOwl Convenience Store Franchise
Experience --

Financing Options

 
Circle K Franchise
NightOwl Convenience Store Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/Yes-/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Circle K Franchise
NightOwl Convenience Store Franchise
Training On-The-Job Training: 24 hours Classroom Training: 56 hoursYour training never really stops. From the day you decide to become a NightOwl franchisee for as long as you are with us, we are always looking for opportunities to improve your training, your staff training and the efficient way your business operates. The NightOwl training system is comprehensive and will ensure you are well equipped to profi tably run your NightOwl franchise.
Support Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Field Operations Franchisee Intranet Platform The NightOwl philosophy is one of complete support. You will be assisted in every aspect of your new career as a NightOwl Franchisee. From site selection, staff recruitment and training to landlord relations and store layouts and ranging, we are with you every day and every step of the way.
Marketing Ad Templates Regional Advertising Social media Website development Email marketing Loyalty program/app -
Operations Number of employees required to run: 10-

Expansion Plans

 
Circle K Franchise
NightOwl Convenience Store Franchise
US Expansion Yes-
Canada Expansion --
International Expansion Yes-

Company Overviews

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.






About NightOwl Convenience Store

NightOwl's Franchise division was established in 1987. This exciting and dynamic system operates in both Queensland and New South Wales and currently has 44 outlets. New sites are continuously available for energetic and enthusiastic people to share in our company's success. Become your own boss and discover the self satisfaction of operating your own business. Excellent opportunities exist in both inner-city and suburban locations for our very popular NightOwl Convenience store. Qualified retail managers, sales people, marketing, merchandising and promotions staff form the NightOwl Franchise Support Centre team with a combined total of over 100 years retailing experience to support the NightOwl Group of stores. Benefits to you When you become a NightOwl Franchisee, you will have access to: * NightOwl''s established name, trademark, brands, Corporate identity, and reputation * Our proven business formula (over 70 years of retail experience in the Group Office team) * A professionally designed & fully fitted store * Professional marketing, merchandising and advertising support * Increased buying power * Comprehensive franchisee training * Ongoing Employee training * Continuous Management support * Individual Business (Territory) Managers are appointed to all stores