Circle K franchise's initial investment is between the range of $185,000 and $1,600,000. New franchisees will also need a net worth of about $500,000 and a liquid cash requirement that are non-borrowed of about $100,000. The Circle K franchise fee is a new franchisee's payment to get a license to operate.
How much is the owner of Circle K Worth?
Chairman and retired CEO Alain Bouchard (net worth: $3.8 billion) has been on Forbes' list of the World's Billionaires since 2013, and fellow cofounder and board member Jacques D'Amours ($1.9 billion) joined the ranks in 2015.
What country is Circle K?
History of Circle K Stores Circle K's success in the convenience retailing industry spans more than 60 years. Back in 1951 when Fred Hervey purchased three Kay's Food Stores in El Paso, Texas, little did anyone know these stores would serve as the beginning of Circle K, now, a proudly Canadian company.