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Krystal Company, The

Yes, we actively support the inclusion and development
of minority-owned franchises in the Krystal Company, The system.

Krystal Company, The
The Krystal Building, 1 Union Sq., 9th Fl.
Chattanooga, TN 37402


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:  1991

Operating Units:

Franchised Units:

147

38.7%
Company-Owned Units:23361.3%
 
Total Operating Units:
380
100.0%
 
Minority Representation
Units Owned by Minorities:
African-American:0
Asian-American:0
Hispanic:0
Native American:0
Other:0
Specific Minority
  Program(s) in place:
Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
 
Geographic Distribution:
U.S.:380100%In 15 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
380
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Alabama53
2. Georgia104
3. Tennessee105

Registered in Following Registration States: Florida, Virginia

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:4.5%
Average Royalty:4%
Advertising Fee:4%
 
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

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 Store4 Weeks
2. Corporate Computer Center1 Week
 
Expansion Plans
 
Projected New Units Over Next 12 months: 25

U.S.:

Yes, SE,TX,OK,VA,NC,SC,WV,FL
Canada: No
Overseas: No
Submit an online form to receive information from Krystal Company, The.