|
Krystal Company, The
1 Union Square, Fl. 9
Chattanooga, TN 37402-2505
800#: (800) 458-5912
Tel:
Fax: (423) 757-1588
E-Mail: [email protected]
Web Site: www.krystal.com
Contact: Ms. Carolyn Stringer, Assistant to President
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
Established: 1932
First Franchise: 1990
Franchise Units: 188
Company-Owned Units: 248
Total Units: 436
Distribution:
U.S. -- 436;
Canada -- 0;
International -- 0
-North America -- Operations in 15 States
-States/Provinces with Greatest Density: 104 in GA, 105 in TN, 53 AL
Projected New Units Over Next 12 months: 25
Franchisee Qualifications: 5, 4, 5, 2, 2, 5
(Click here for an explanation)
Registered in Following Registration States: FL,VA (Click here for an explanation)
Average Number of Employees: 12-15 FT, 15 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,300-2,200 SF; FS,SC,C-Store
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $200-300K/Rest
Total Investment: $900K-1.3MM
Average Total Investment: $1,100.0K
Minimum Net Worth: $1.2MM
Fees:
-Franchise: $32.5K
-Average Franchise Fee: $32.5K
-Royalty: 4.5%
-Average Royalty: 4.5%
-Advertising: 4%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 20/20
Passive Ownership: Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Financial Assistance: No
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes/No
Size Of Corporate Staff: 100
On-Going Support: A,B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 4 Weeks Company Store; 1 Week Corporate Computer Center.
Franchisor's Specific Expansion Plans
U.S.: SE,TX,OK,VA,NC,SC,WV,FL
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
New
Search: Alphabetical
| Industry
Type |
Average
Total Investment | Average
Franchise Fee | Total
Units |
|