Krystal Restaurants vs Bagger Daves Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Krystal Restaurants vs Bagger Daves including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Krystal Restaurants Franchise
Bagger Daves Franchise
Investment $900,000 - $1,300,000N/A
Franchise Fee $32,500N/A
Royalty Fee 4.5%-
Advertising Fee --
Year Founded 1932-
Year Franchised 1990-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee $8.1K-


Business Experience Requirements

 
Krystal Restaurants Franchise
Bagger Daves Franchise
Experience
  • Industry experience
  • General business experience
  • Although new to franchising, Bagger Dave's has seen a high level of interest in franchising the concept. To measure a candidate's qualifications, we have established both net worth and liquid asset are a minimum of $300,000 per store and a net worth per store of $1,200,000. We also require that no more than 80% of the start-up costs be leveraged; 20% of any single stores start-up costs must be in liquid assets.


    Financing Options

     
    Krystal Restaurants Franchise
    Bagger Daves Franchise
      In-House/3rd PartyIn-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

     
    Krystal Restaurants Franchise
    Bagger Daves Franchise
    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)

    Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management within the restaurant industry. Each franchise group must also have a person with multi-unit restaurant management experience. If you do not personally have this background and experience, you will be required to have what we call an "Operating Partner." Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required


    Expansion Plans

     
    Krystal Restaurants Franchise
    Bagger Daves Franchise
    US Expansion YesYes
    Canada Expansion No-
    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 Bagger Daves

    Bagger Dave's Franchising Corporation has: *More than 50 years combined experience in restaurant management and operations *Proven track record of aggressively developing multi-unit restaurant systems *Infrastructure in place for the development of the brand and to support the franchisee community *Commitment to guest service, food quality, communication, and support We're looking for experienced restaurant operators to grow the Bagger Dave's burger franchise concept.