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Below is an in-depth analysis and side-by-side comparison of Krystal Restaurants vs Flamer's Grill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $900,000 - $1,300,000 | $171,500 - $345,500 |
Franchise Fee | $32,500 | $30,000 |
Royalty Fee | 4.5% | 5% |
Advertising Fee | - | 2% |
Year Founded | 1932 | 1986 |
Year Franchised | 1990 | 1986 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | $8.1K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
Franchisees required to buy multiple units/master licenses; 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) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
The Krystal Company is the oldest quick service restaurant chain in the South and the second oldest in the United States. The Chattanooga-based company currently has more than 450 restaurants in Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas and Virginia. Founded in 1932, Krystal restaurants have become more than sparkling-clean eateries where friendly employees serve up fresh, delicious food. Krystal has become a cultural icon and an experience that virtually every man, woman and child in the South has shared. Nearly everyone in the region has a Krystal memory. The Krystal brand, and the great food, service, value and setting which it represents, has taken a prominent place in the South's cultural landscape.
Flamers story begins in 1987 with a single outlet in Jacksonville, Florida. Like most great success stories, we saw a consumer need and capitalized on it. That need was for high-quality, popular foods prepared fresh and fast in areas of high consumer traffic.
Research and a trip out to eat proves that the hamburger is one of the most popular food items in the entire world and has been for the last 75 years. However, most burgers offered in fast-food environments lack that signature charbroiled taste you can only get from an open flame. That taste, that quality, is the cornerstone of the Flamers offering and what sets us apart.
The next step was simple. We knew that there was a well-established marketing niche in which nothing of this kind was offered - the high-traffic shopping malls, airports, train stations, hospitals and downtown office complexes. So we combined a quality product with this ready-and-waiting market. The result is Flamers Charbroiled Hamburgers and Chicken.
Flamers' recipe for its tremendous success has been combining great food with an easy to use system and high-traffic customer locations. The final ingredient for continued success is YOU!