Mac's Convenience Store, LLC (
Franchising since 1980 · 4 locations
Mac's Convenience Store, LLC ( currently operates 4 locations (4 franchised). The top SBA 7(a) lenders for Mac's Convenience Store, LLC ( are OakStar Bank, Readycap Lending, LLC and Merchants Bank of Indiana. PeerSense FPI health score: 56/100.
4
4 franchised
Proprietary PeerSense metric
ModerateActive capital sources verified for Mac's Convenience Store, LLC ( financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
Emerging (3-9 loans)
SBA Lending Performance
SBA Default Rate
0.0%
0 of 4 loans charged off
SBA Loans
4
Total Volume
$5.1M
Active Lenders
4
States
2
Top SBA Lenders for Mac's Convenience Store, LLC (
What is the Mac's Convenience Store, LLC ( franchise?
Should you invest in a convenience store franchise at a moment when the global convenience retail market is undergoing one of its most dramatic transformations in decades? That is the central question facing any investor evaluating the Mac's Convenience Store, LLC ( franchise opportunity in 2025. To answer it responsibly requires understanding both the remarkable history behind the Mac's brand and the precise structural realities of this four-unit franchised entity headquartered in Indianapolis, Indiana, whose franchise information directs prospective investors to franchise.circlek.com, signaling its operational and corporate alignment with one of the largest convenience retail networks on the planet. The Mac's name traces its origins to Mac's Milk Limited, incorporated in Ontario, Canada, on April 4, 1962, by brothers Kenneth and Carl McGowen, whose first store had opened in Richmond Hill, Ontario, in 1961 as a milk and dairy-focused retailer before expanding into full-service convenience operations. The company was formally renamed Mac's Convenience Stores Limited on May 7, 1975, and went through a series of ownership transitions, including acquisition by Silverwood Dairies Limited, which acquired 40% of shares on July 5, 1963, grew that stake to 80% by March 29, 1968, and reached 100% ownership by January 12, 1972. By the late 1980s, under Silcorp Limited's ownership, the Mac's chain had grown to over 700 locations, primarily in Ontario and Quebec, and by 1996, following the acquisition of rival Becker's chain, the network encompassed 1,004 stores across Canada. On April 14, 1999, Alimentation Couche-Tard Inc. purchased Silcorp outright, integrating the Mac's and Becker's chains into what would become Canada's largest convenience store operator. Couche-Tard, founded in 1980 and headquartered in Laval, Quebec, with Brian Hannasch serving as CEO, subsequently announced in September 2015 a global rebranding initiative to consolidate 28 different business units under the Circle K banner, largely retiring the Mac's name by 2017. The Indianapolis-based Mac's Convenience Store, LLC ( entity with four franchised units and zero company-owned locations represents the contemporary expression of this brand in the U.S. market, operating within a total addressable market of $522.3 billion for gasoline stations with convenience stores in the United States as of 2025.
The gasoline stations with convenience stores industry generated $522.3 billion in U.S. market revenue in 2025, a category that experienced a modest decline of 0.3% that year following a negative 0.3% compound annual growth rate between 2020 and 2025, yet the industry's forward trajectory projects a 0.6% CAGR between 2021 and 2026, with a projected market size of $520.3 billion in 2026. Zooming out to the global picture amplifies the investment thesis considerably: the global convenience stores market was estimated at USD 2.12 trillion in 2021 and is projected to reach USD 3.12 trillion by 2028, representing a compound annual growth rate of 5.6% from 2022 to 2028. The forces driving that global expansion are well-documented and structural in nature, including strong economic growth in emerging markets, increased population density in urban areas, expanding retail investment in developing nations, and the accelerating popularity of franchised convenience retail as a scalable model. Consumer behavior within the category has evolved sharply, with the foodservice segment inside convenience stores expected to witness the highest CAGR of 6.4% from 2022 to 2028 as customers increasingly treat convenience stores as quick-service food destinations rather than just snack-and-fuel stops. The COVID-19 pandemic reinforced this shift with measurable data: total in-store sales at convenience stores increased 1.5% during the pandemic period and the total basket size surged 18.5%, as consumers demonstrably preferred smaller-format stores over supermarkets for speed, proximity, and reduced crowding. Local corner stores have expanded their service radius further by partnering with delivery platforms like Uber Eats, extending the convenience store value proposition from foot traffic to home delivery. For the Mac's Convenience Store, LLC ( franchise investor, these macro trends represent a secular tailwind operating beneath what the headline U.S. market growth rate alone would suggest, particularly in categories like prepared food and beverage that increasingly define whether any given convenience store location outperforms the category median.
Understanding what it means to invest in a Mac's Convenience Store, LLC ( franchise opportunity in 2025 requires confronting an important transparency gap directly. The current Franchise Disclosure Document for Mac's Convenience Store, LLC ( does not publicly disclose the franchise fee, royalty rate, advertising fund contribution, initial investment range, or liquid capital and net worth requirements for prospective franchisees. The franchise profile website directs candidates to franchise.circlek.com, which reflects the parent company's Circle K franchise infrastructure and the brand's integration into Alimentation Couche-Tard's global operating system. For contextual benchmarking, the broader franchise industry in 2025 typically charges initial franchise fees ranging from $20,000 to $50,000 for most retail-oriented concepts, with ongoing royalty fees generally falling between 4% and 8% of gross sales, and advertising fund contributions that typically add another 1% to 4% on top of royalties. For retail-specific franchises, total investments frequently exceed $100,000, and often scale into the hundreds of thousands or millions of dollars depending on real estate, fuel infrastructure, canopy construction, and equipment. The Mac's Convenience Store, LLC ( model, with four total franchised units and no company-owned locations, is a lean and tightly operated network relative to the massive Circle K global system, which itself operates across 43 American states and the District of Columbia as part of Couche-Tard's North American portfolio of over 5,800 Canadian stores and a global licensee network of approximately 3,700 locations extending to China, Guam, Hong Kong, Indonesia, Japan, Macau, and Mexico, plus European markets in Norway, Sweden, Denmark, Latvia, Estonia, Lithuania, and Poland. Prospective investors should engage directly with the franchisor through the Circle K franchise portal to obtain current FDD disclosures, Item 23 exhibits, and audited financials before committing any capital, recognizing that the Mac's Convenience Store, LLC ( investment decision sits within this far larger corporate context and should be evaluated with the due diligence discipline appropriate for any capital deployment in the $100,000-to-multi-million-dollar range typical of gasoline-anchored convenience retail.
The daily operational reality of a Mac's Convenience Store, LLC ( franchise is shaped by the demands of a high-transaction-volume retail environment where the customer experience is built on speed, product availability, and location convenience. Convenience store operations typically require staffing across multiple daily shifts, often including overnight operations, given that consumer demand in high-traffic locations extends around the clock. Employee-level feedback from the broader Mac's operating history indicates that the format demands physical stamina, with duties including stocking coolers and dry storage, operating point-of-sale systems, managing fuel forecourt activity, and maintaining food safety compliance for prepared food sections. Management consistency has historically been cited as a challenge within the convenience store category broadly, with turnover among store-level employees representing a persistent labor cost and training burden for owner-operators. The transition of the Mac's brand into the Circle K ecosystem means that franchisees operating under the Mac's Convenience Store, LLC ( banner likely access the corporate support infrastructure of Alimentation Couche-Tard, one of the most operationally sophisticated convenience retail organizations in the world, which consolidated 28 separate business units into a single Circle K global umbrella precisely to capture scale efficiencies in training, supply chain, technology, and marketing. A 2013 Mac's Convenience Store in Thamesford, Ontario, was cited as a dollar-three-million investment that attracted customers from up to 50 kilometers away, illustrating the potential commercial reach of a well-executed, high-investment-format store that incorporated beer, wine, and spirits sales alongside traditional convenience merchandise. For an investor evaluating the Mac's Convenience Store, LLC ( franchise, understanding the specific territory structure, exclusivity provisions, and multi-unit development expectations requires direct FDD review, as these terms govern the geographic and operational framework within which the franchisee will build and operate their business.
Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for Mac's Convenience Store, LLC (. This is a material fact for any investor conducting quantitative due diligence, because without Item 19 disclosure, a prospective franchisee cannot access audited or franchisor-verified data on average unit revenue, median gross sales, top-quartile or bottom-quartile performance spreads, or net operating margins. The FDD Item 19 section is optional under Federal Trade Commission franchise disclosure rules, and franchisors who elect not to disclose financial performance representations must include a specific disclaimer to that effect. The absence of Item 19 disclosure does not necessarily indicate poor unit-level performance, but it does place the burden of financial discovery entirely on the prospective franchisee through validation calls, independent market research, and third-party financial modeling. Industry benchmarks provide a useful proxy framework. The U.S. gasoline stations with convenience stores category generated $522.3 billion in aggregate 2025 revenue across its operator base, suggesting meaningful per-unit revenue potential in high-traffic locations. The global convenience stores market's projected expansion from $2.12 trillion in 2021 to $3.12 trillion by 2028 at a 5.6% CAGR creates favorable top-line conditions for well-positioned operators. The Mac's Convenience Store, LLC ( network of four franchised units is a deliberately small system, which means each individual unit carries significant weight in the brand's overall performance narrative, and the economics of any single location will be driven heavily by factors including daily vehicle traffic counts, proximity to commuter corridors, fuel margin dynamics, and the strength of the in-store foodservice and prepared food offering, which the industry data identifies as the highest-growth segment within convenience retail at a projected 6.4% CAGR through 2028. Prospective investors should use these benchmarks as directional guidance while pursuing unit-level validation through direct franchisee interviews and independent CPA review of any financial representations made during the sales process.
The Mac's Convenience Store, LLC ( franchise exists within a growth trajectory that must be understood in the context of the broader Couche-Tard and Circle K corporate evolution. The most consequential strategic development in this brand's recent history was Alimentation Couche-Tard's September 2015 announcement that it would transition Mac's and its other North American banners to the Circle K brand, a consolidation that was substantially complete by 2017 and was explicitly designed to eliminate the operational fragmentation of running 28 distinct business units, enabling greater economies of scale in marketing, procurement, supply chain management, and technology investment. At the time of the rebranding announcement, approximately 800 Mac's stores in Canada employed roughly 8,000 workers, and the corporate commitment was that no job cuts were expected from the rebranding itself. The Mac's brand was retained in limited form due to residual brand equity, particularly in certain eastern and central Canadian markets where it continues to operate alongside Circle K and Couche-Tard sister banners as of 2025. The current Mac's Convenience Store, LLC ( entity with four franchised locations in the United States represents the brand's remaining American franchise footprint, operating with a Franchise Performance Index score of 56, which PeerSense classifies as Moderate, placing it in a middle tier of franchise investment risk-and-return profiles rather than at the extremes of either highly distressed or high-performance systems. Couche-Tard's global scale, which includes over 5,800 Canadian stores and Circle K operations across 43 U.S. states plus approximately 3,700 international licensees, provides the corporate infrastructure and purchasing power that a small four-unit American franchisee network can potentially leverage for competitive advantage in local markets, particularly in fuel pricing, supply chain access, and brand recognition among the tens of millions of Circle K and Mac's customers who interact with the Couche-Tard system annually.
The ideal candidate for a Mac's Convenience Store, LLC ( franchise opportunity is an investor with meaningful experience in multi-shift retail operations, fuel forecourt management, or food service environments who understands that the convenience store format demands operational discipline across a broad merchandise and service mix simultaneously. The Canadian franchise owner commentary from the Mac's operating history provides frank context: franchise owners in this category have described the work as demanding, encompassing long hours, holiday operations, and the challenge of managing a staff whose schedules span overnight shifts in a high-turnover labor environment. The Mac's Convenience Store, LLC ( system's four-unit scale means that new franchise development is likely occurring in a targeted, selectivity-driven manner, and prospective franchisees should expect rigorous qualification criteria given the capital intensity and operational complexity of gasoline-anchored convenience retail. Geographic territory selection is a foundational decision in this category, as convenience store unit economics are highly sensitive to daily traffic volumes, residential density, proximity to fuel competitors, and the composition of the local consumer base. The separate Vermont-based Mac's Market entity, a family-owned business founded by Sherman V. Allen Jr. approximately 40 years before its 2021 sale, chose to exit the convenience store business entirely in August of that year, selling its 13 stores across Vermont, New Hampshire, New York, and Massachusetts to Global Partners LP, an outcome that underscores the importance of exit strategy and long-term capital planning for any convenience store franchise investment. Investors should clarify the franchise agreement term length and renewal and transfer provisions directly with the franchisor before executing any agreement.
For an investor conducting serious franchise due diligence in the gasoline stations and convenience stores category, the Mac's Convenience Store, LLC ( franchise profile presents a distinctive combination of a historically significant brand with deep North American roots dating to 1961 Richmond Hill, Ontario, a corporate parent in Alimentation Couche-Tard that operates one of the largest convenience retail networks on earth, a small four-unit American franchised system with a Moderate FPI score of 56, and a market category positioned within a $522.3 billion U.S. industry and a globally expanding $2.12 trillion to $3.12 trillion convenience retail market growing at 5.6% annually through 2028. The absence of Item 19 financial performance disclosure and the limited publicly available fee and investment data make independent due diligence not just advisable but essential for any capital commitment. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools that allow investors to benchmark the Mac's Convenience Store, LLC ( franchise against competing concepts across the gasoline station and convenience store category and across the broader franchise universe. The Moderate FPI score of 56 signals that this is a franchise warranting careful, thorough analysis rather than either enthusiastic endorsement or reflexive dismissal, and the platform resources available through PeerSense are precisely engineered to support that level of analytical rigor. Explore the complete Mac's Convenience Store, LLC ( franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
FPI Score
56/100
SBA Default Rate
0.0%
Active Lenders
4
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Mac's Convenience Store, LLC ( based on SBA lending data
SBA Default Rate
0.0%
0 of 4 loans charged off
SBA Loan Volume
4 loans
Across 4 lenders
Lender Diversity
4 lenders
Avg 1.0 loans per lender
Mac's Convenience Store, LLC ( — Deep SBA Data
Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2022
3 approvals — best year on record for Mac's Convenience Store, LLC (.
Top SBA State
Indiana
3 SBA-financed Mac's Convenience Store, LLC ( locations — the densest operator footprint.
Average Loan Size
$1.3M
Median $1.3M — use as a sizing anchor when modeling your own $Mac's Convenience Store, LLC ( unit.
Lender Concentration
75%
Concentrated
Share of Mac's Convenience Store, LLC ( approvals captured by the top 3 SBA lenders.
Mac's Convenience Store, LLC ('s SBA lending pipeline peaked in 2022 (3 approvals). The last five fiscal years account for 75% of cumulative volume ($3.5M approved). Operator density is highest in Indiana with 3 SBA-financed locations. Average funded ticket sits at $1.3M, with the median at $1.3M. Lender mix is concentrated: the top three SBA lenders account for 75% of approvals — credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$5,176
Principal & Interest only
Locations
Mac's Convenience Store, LLC ( — unit breakdown
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