|
Below is an in-depth analysis and side-by-side comparison of Krystal Restaurants vs Bareburger including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $900,000 - $1,300,000 | $987,000 - And Up |
Franchise Fee | $32,500 | N/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 |
||
Experience | - | |
Financing Options |
||
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 |
||
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 |
||
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.
Bareburger restaurants offer mouth-watering organic burgers and sandwiches, fresh salads, delicious shakes and sharable snacks in environmentally sustainable, eco-friendly locations. Our belief is that organic food tastes better and is better for you, and that sourcing our ingredients locally benefits our communities. Our menu features a variety of meats, including traditional beef, chicken, turkey and lamb; exotic options such as elk, bison, ostrich and boar; and mushroom, veggie and black bean burgers for our vegetarian and vegan guests. Bareburger also offers a number of savory and sweet salads, organic beer and wine, and kid-friendly cubby meals for the littlest diners. Bareburger partners with local artisans and organic farmers to bring you the highest quality, most flavorful meat and produce available, and we build our restaurants with recycled, reclaimed and sustainable materials. Bareburger is a micro-chain of organic burger restaurants. As of today, we have twenty-two locations in Brooklyn, Manhattan, Queens, Long Island, New Jersey, Connecticut and Ontario, Canada (Bay & Dundas, Toronto).