The Krystal Company
The Krystal Building, 1 Union Sq., 9th Fl.
Chattanooga, TN 37402
-
(800) 458-5841
/
(423) 757-5645
- (423) 757-5610 (Fax)
The KRYSTAL COMPANY, a 'cultural icon' in the Southeast, is a unique brand with 72 years of success as a niche franchisor, we provide quality service and thoughtful leadership to our franchise partners. We are an innovative, forward-looking franchisor who is looking for highly motivated operators. We offer a protected development territory, requiring a minimum 3-restaurant development agreement, minimum liquidity of $650K and a net worth of $1.2 million. KRYSTAL, fresh, hot, small and square.
Franchisor Background
Year Established: 1932
Franchising Since: 1991
Operating Units
| Franchised Units |
145 |
38.4% |
| Company-Owned Units |
233 |
61.6% |
| Total Operating Units |
378 |
100% |
Geographic Distribution
| USA |
380 |
100.0% |
In 15 States
|
| Canada |
0 |
0.0% |
In 0 Provinces
|
| International |
0 |
0.0% |
In 0 Foreign Countries
|
| Total |
380 |
100% |
|
Multi-Unit Operators
| Multi-Unit Operators |
N/A |
| Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
| Density |
Units |
| Tennessee |
105 |
| Georgia |
104 |
| Alabama |
53 |
Registered in the following Registration States
Florida, Virginia
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Support and Training
General Information
| IFA Member |
Yes |
| CFA Member |
No |
| Franchisee Association? |
Yes, is a member |
| Size of Corporate Staff |
100 |
Site Selection
Assistance |
Yes |
| Lease Negotiation Assistance |
No |
| Financial Assistance |
No |
Marketing Support
| Co-Op Advertising |
No |
| National Advertising |
No |
| Regional Advertising |
No |
| Local Advertising |
No |
Ongoing Support
| Central Data Processing |
Included |
| Central Purchasing |
Included |
| Field Operation Evaluation |
Included |
| Field Training |
Included |
| Initial Store Opening |
Included |
| Inventory Control |
Included |
| Franchisee Newsletter |
Included |
| Regional or National Meetings |
Included |
| 800 Telephone Hotline |
Included |
Training
| Company Store |
4 Weeks |
| Corporate Computer Center |
1 Week |
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Financial Requirements
Investment
| Minimum Net Worth |
$1.2MM |
| Cash Investment |
$250K-300K |
| Total Investment |
$900K-1MM |
| Average Total Investment |
$950K |
Fees
| Initial Franchise Fee |
$32.5K |
| Average Franchise Fee |
$32K |
| On-Going Royalty |
4.50% |
| Average Royalty |
4% |
| Advertising Fee |
4% |
Site Information and Requirements
| Average Number of Full-Time Employees |
12-15 |
| Average Number of Part-Time Employees |
15 |
| Space Needs (in square feet) |
1,300-2,200
|
| Preferred Site Types |
Free Standing Building, Strip Center
|
| Other Site Types Allowed |
C-Store |
| Encourages Conversions |
Yes |
| Item 19 (Earnings Claim) Provided? |
No |
| Listed in the SBA Registry? |
No |
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Franchisee Qualifications
| Financial Net Worth |
5 |
| General Business Experience |
4 |
| Specific Industry Experience |
5 |
| Formal Education |
2 |
| Psychological Profile |
2 |
| Personal Interviews |
5 |
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Terms of Contract
| Term of Initial Contract |
20 |
| Term of Renewal Period |
20 |
| Passive Ownership? |
Allowed, but discouraged |
Area Development
Agreements? |
No
|
Sub-Franchisor
Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? |
Yes |
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Expansion Plans
| Projected New Units Over Next 12 Months |
25 |
| USA |
Yes, SE, TX, OK, VA, NC, SC, WV, FL |
| Canada |
No |
| Overseas |
No |
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