Type of Business
Krystal franchisees operate quick service restaurants featuring specialty hamburgers and hotdogs, chicken sandwiches, french fries, shakes, ice cream and breakfast items from traditional and non-traditional restaurant locations. The franchisor offers franchises for single Krystal Businesses and for area development for the right to open multiple Krystal Businesses. They also offer conversion opportunities to existing independent businesses that provide services and products similar to those offered by Krystal businesses to qualified candidates.
Corporate Information
Krystal Restaurants LLC is a Delaware limited liability company formed on April 2, 2020. Their principal business address is 1455 Lincoln Parkway E., Suite 600, Dunwoody, Georgia 30346. They have offered franchises since September 2020.
Investment
The total investment necessary to begin operation of a standard traditional or non-traditional franchised Krystal Business is between $1,380,500 and $2,160,000. This includes $46,000 to $46,400 that must be paid to the franchisor or its affiliates. The total investment necessary to begin operation of a conversion Krystal franchised business is between $787,000 and $1,520,000. This includes $46,000 to $46,400 that must be paid to the franchisor or its affiliates.
If you sign an Area Development Agreement for the opportunity to develop multiple Krystal Businesses (the franchisor does not specify a minimum number to be eligible for an Area Development Agreement), you will pay a development fee for the rights to those development opportunities. The development fee will vary depending on the number of Krystal Businesses you are committed to develop, and is calculated as the total of the $35,000
for your first franchise and $17,500 for each additional franchise to be developed (the development fee is separate from the initial franchise fee). The total investment necessary under an Area Development Agreement (based on a commitment of two to ten Krystal Businesses) ranges from $58,500 to $202,500. This includes $52,500 to $192,500 that must be paid to the franchisor.
