Mergers & Acquisitions

Alimentation Couche-Tard is looking to sell 36 Circle K stores

Convenience stores are located across 14 states
Alimentation Couche-Tard is looking to sell 36 Circle K locations
Alimentation Couche-Tard is looking to sell 36 Circle K locations. | Alimentation Couche-Tard

Alimentation Couche-Tard is looking to sell 36 Circle K locations across 14 states, NRC Realty & Capital Advisors LLC announced Friday. The real estate and financial advisory firm is working with the convenience retailer to manage the marketing and sale of the stores.  

The stores are up to 4,000 square feet in size and are on an average lot size of 25,000 square feet, NRC said. Twenty of the sites are fee-owned and 16 are leased. Twenty-three properties sell fuel and the rest are convenience only

  • Alimentation Couche-Tard is No. 2 on CSP’s 2025 Top 202 ranking of U.S. c-store chains by store count.

“We have some good sites in this offering which will be of interest to individual operators and smaller companies,” said Evan Gladstone, NRC’s executive managing director. “There are multiple stores in Arizona, Florida, Illinois, Indiana, Montana, North Carolina, Ohio, Pennsylvania and Texas with single stores in Alabama, California, Michigan, Tennessee and Virginia.”

The stores are offered without fuel supply and without the Circle K brand, Chicago-based NRC said. 

The bid deadline for these stores is set for Dec. 4, NRS said. For more information, visit the NRC website at www.nrc.com/2514

Laval, Quebec-based Couche-Tard operates in 29 countries and territories, with nearly 17,300 stores, of which approximately 13,200 offer road transportation fuel. Primarily under the Circle K banner, it is one of the largest convenience-store operators in the United States, as well as in Canada, Scandinavia, the Baltics, Belgium and Ireland. It also has a presence in Luxembourg, Germany, the Netherlands, Poland and Hong Kong.

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