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Updated RecentlyKrystal Restaurants vs The WORKS Gourmet Burger Bistro Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Krystal Restaurants vs The WORKS Gourmet Burger Bistro 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 | $650,000 - $850,000 |
| Franchise Fee | $32,500 | $45,000 |
| Royalty Fee | 4.5% | 6% |
| Advertising Fee | - | 2%-2.5% |
| Year Founded | 1932 | 2001 |
| Year Franchised | 1990 | 2010 |
| 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 | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | 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 | Yes |
| International Expansion | No | - |
Company Overviews
About Krystal Restaurants
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.
About The WORKS Gourmet Burger Bistro
Successful, profitable franchisees are the key to a winning system. The WORKS approach has been designed to build a network of strong and profitable franchisees. Our team is committed to working with you from Day One to develop your business and help you grow with us. When you become a WORKS Franchisee you become many things; a business owner, an employer, a community leader, a brand Ambassador, and most importantly you become part of a team. A team with a wealth of knowledge and expertise to help you succeed. We offer continuous support and professional guidance throughout the franchise process, from the development of your restaurant to opening day and beyond. We believe in the power of a great Brand. We believe in delivering a unique and consistent guest experience... one Burgerhead at a time. We believe in creating a fun, rewarding work environment for our team. We believe in supporting the communities where we are located. We believe that our success is dependent on making all of our partners successful. The WORKS Gourmet Burger Bistro is a very unique concept and we are very committed to finding the RIGHT franchisee for the brand. Not just anyone can purchase a WORKS but let's see if you are one of the lucky people who just may! To Download application go to http://www.worksburger.com/Franchising/FranchiseeApplication/tabid/106911/Default.aspx