Circle K Stores For Sale
Circle K NNN Properties
With the first three stores opened in 1957, Circle K is one of the most popular and fast-growing convenience stores and gas stations in the United States and Canada, well-known far beyond North America alone with branches across Southeast Asia, Japan, and Northern Europe.
The global convenience store brand has experienced steady growth and continued to expand its reach throughout the 1990s and 2000s, achieving a stellar three-year run from 2017 to 2019, peaking with a whopping $59,117 million in revenue. While the 2020 pandemic has undoubtedly put a dent in Circle K’s sales growth, revenue has remained high throughout the year, culminating in a healthy end of the year performance: same-store merchandise sales increased 7.7% in the United States, 19.9% in Canada, and 3.4% in Europe. In terms of consumer behavior, grocery items have been at the very top of the list, along with more substantial (and not necessarily more frequent) shopping trips, signaling that the Covid-19 pandemic has changed the way consumers shop for goods at convenience stores.
In 2021, Circle K boasts over 12,000 locations all over the world and over 6,300 branches in the United States alone, with Florida being the state with the most number of locations. One year after the start of the pandemic, the convenience store chain is seeing a solid sales performance, with adjusted net earnings for the third quarter of 2021 totaling approximately $622.0 million compared to $581.0 million for the third quarter of 2020.
The success that Circle K has seen throughout 2020 is a testament to the recession-resistant nature of supermarkets, convenience stores, and gas stations, making for some of the very few real essential businesses you can invest in for sustainable profit.
Zero Landlord Obligations. Scheduled Increases in Rent. Located […]
The Property is leased by a Circle K […]
North Augusta, SC$2,725,000
Corporate Circle K Gas and Convenience Store w/Two […]
Hard corner location at a traffic signal. Multiple […]
100% Leased/guaranteed by Circle K’s Largest Franchisee. The […]
Corporate Circle-K Gas and Convenience Store w/Over 5 […]
Upcoming Scheduled Rental Increase on 9/22/2022. High Traffic […]
Cave Creek, AZ$2,100,000
Rare 2% annual increases in current term and […]
Zero Landlord Responsibilities. Corporate Guarantee. Situated 30 Minutes […]
North Lauderdale, FL$3,889,000
2017 construction. Rare 5% rental increases in Year […]
North Lauderdale, FL$3,899,000
Rare 5% Rental Increases in Year 11 and […]
Fee Simple ownership will allow an investor to […]