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Home >> Fast Food Restaurants >> Hamburgers/Double Drive-Thru
 Krystal Company, The 1 Union Square, Fl. 9 Chattanooga, TN 37402-2505 |
Submit an online form to receive information from Krystal Company, The.
|
Business Description
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: 1990
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: Florida, Virginia
Financial Requirements
Average Number of Employees: 12-15 Full-time, 15 Part-time
Space Needs (in square footage): 1,300-2,200
Preferred Sites: Free-standing Building, Strip Center
Other Sites: C-Store
Encourage Conversions? Yes
Earnings Claims Provided?: No
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: 1990
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 188 | 43.4% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 245 | 56.6% | |||||||||||||||||||||||||||||
Total Operating Units: | 433 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Tennessee | 105 |
| 2. Georgia | 104 |
| 3. Alabama | 53 |
Registered in Following Registration States: Florida, Virginia
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $1.2MM |
| Cash Investment: | $200-300K/Rest |
| Total Investment: | $900K-1.3MM |
| Average Total Investment: | $1100K |
| Fees: | |
| Initial Franchise Fee: | $32.5K |
| Average Franchise Fee: | $32K |
| On-Going Royalty: | 4.5% |
| Average Royalty: | 4% |
| Advertising Fee: | 4% |
Space Needs (in square footage): 1,300-2,200
Preferred Sites: Free-standing Building, Strip Center
Other Sites: C-Store
Encourage Conversions? Yes
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 5 | ||||||||
| General Business Experience: | 4 | ||||||||
| Specific Industry Experience: | 5 | ||||||||
| Formal Education: | 2 | ||||||||
| Psychological Profile: | 2 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 20 Year(s) | ||||||||
| Term of Renewal Period: | 20 Year(s) | ||||||||
| Passive Ownership: | Allowed | ||||||||
| Area Development Agreements? | No | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | Yes | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | Yes, 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 | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Included in Fees | ||||||||
| Central Purchasing: | Included in Fees | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Included in Fees | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | Included in Fees | ||||||||
| 800 Telephone Hotline: | Included in Fees | ||||||||
| Training: | |||||||||
| 1. Company Store | 4 Weeks | ||||||||
| 2. Corporate Computer Center | 1 Week | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Krystal Company, The.
|
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