The company also plans to acquire 151 dealer supply agreements in Texas, Mississippi and Louisiana.
Couche-Tard (TSX:ATD.B) will make the acquisitions through its subsidiary Circle K Stores Inc.
The convenience stores Couche-Tard plans to acquire operate under the brands The Tote and Tiger Tote.
Following the acquisition, the stores will operate under the Circle K brand.
The deal is expected to close by the end of the company's first quarter, which ends July 19, subject to regulatory approvals.