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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 |
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Investment | $189,250 - $1,927,640 | $315,000 - $395,000 |
Franchise Fee | $25,000 | N/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 |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/Yes | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | On-The-Job Training: 24 hours Classroom Training: 56 hours | Your 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 |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
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.
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