Q: What is the Krystal Franchise Program?
A: The Krystal Franchise Program offers
multi-unit franchise agreements to qualified candidates. The
"franchisee" typically then owns and operates 5 or more Krystal
restaurants.
Q: What are the qualifications
associated with the program?
- Financial qualifications: net worth of least
$1.2 million and liquid assets of at least $600,000. (Our minimum
development requirement is 3 restaurants).
- Operations experience: Experience in
foodservice operations, multi-unit management, franchising, and/or
business development.
Q: What are the franchise fees?
A: $32,500 per franchise.
Q: What is the term of the Franchise
Agreement?
A: A Franchise Agreement has a term of 20
years, with an option to renew for an additional 20-year
period.
Q: What are the estimated equipment and
building costs?
A: Estimated equipment and building costs are
approximately $492,500 - $666,000, exclusive of land for a full
size Krystal restaurant.
Q: What is the minimum size lot
requirement for a
free-standing Krystal KP-M
restaurant?
A: 30,000 sq. ft. with a minimum frontage of
135 ft. before setbacks and easements.
Q: What is the minimum size lot requirements
for a free-standing Krystal
SB restaurant?
A. 23,000 sq. ft. with a minimum
frontage of 110 ft. before setbacks and easements.
Q: What are the ongoing fees?
A: A 4.5% royalty fee and 4% advertising fee.
Q: How much money can I make with this
kind of investment?
A: Krystal does not make earnings claims.
Instead, we encourage you to contact our existing franchisees
regarding their experiences. We provide you with a list of names
and phone numbers during the initial interview.
Q: How does the franchise selection
process work?
A: After we review your confidential Franchise
Application we will follow up and arrange an initial interview.
The process typically takes 30 - 60 days.
Q: How do development territories work?
A: The Krystal Company offers exclusive
multi-unit development territories to qualified franchisees. Our
minimum requirement is 3 restaurants.
Q: What types of venues are available?
A: Free-standing units, full-service
convenience store units and non-traditional units such as travel
plazas and in-line units (i.e. malls).
Q: Where are opportunities currently
available?
A: See
map.
Still craving more? Take the next
step.
(The franchise information in this section of the Krystal
internet site is not an offer to sell a franchise. Such an offer can
be made only through the disclosure and receipt of a Uniform
Franchise Offering Circular.)
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