Krystal Restaurants
At a Glance
Products & Services: Hamburgers
Number of Locations:
Total Investment: $900K - 1.3M
Founded: 1932
Began Franchising: 1990
Startup Costs, Ongoing Fees and Financing
Total Investment: $900,000 - $1,300,000
Franchise Fee: $32,500
Ongoing Royalty Fee: 4.5%
Term of Franchise Agreement: 20 years, renewable
Franchise Fee: $32,500
Ongoing Royalty Fee: 4.5%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $1,200,000
Liquid Cash Available: $600,000
Operations
94% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 30. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 5 weeks. At franchisee's location: 5 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,