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Laura Blackmore
Winter Park, FL
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Krystal
Initial Investment
$450,000 – $1,400,000
Liquid Capital Required
$500,000
Franchise Fee
$32,500
Royalty
7%
Gallery
About Krystal
Krystal, the oldest fast-food restaurant chain in the American South (and second-oldest in the United States), is based in Chattanooga, Tennessee. The company has more than 450 restaurants, most franchise-owned, in Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas and Virginia. The restaurants have become known for their sparkling clean surroundings, friendly service and fresh, delicious food. It’s difficult to find someone who lives in the South who has not enjoyed a delicious Krystal meal.
Krystal Franchise Opportunities – History
Krystal was opened amid hard financial times, in the beginning of the Great Depression, 1932, at the corner of Seventh and Cherry Streets in Chattanooga, Tennessee. Founders Rody Davenport, Jr., and J. Glenn Sherrill believed that despite economic upheaval, people would frequent a restaurant that was spotlessly clean, provided courteous service and offered a good meal and a good price. The restaurant became an overnight success, known for its Krystal square burgers and yummy French fries. Among the first restaurants to serve food ‘to go,’ Krystal opened its first drive-through window in the 1950s and the restaurants retain that feature today.
Key Details
Initial Investment
$450,000 – $1,400,000
Liquid Capital Required
$500,000
Franchise Fee
$32,500
Royalty
7%
Total Units
84
Founded
1948
Began Franchising
1960
Status
Active
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