Krystal Restaurants vs Fat Patty's Franchise Comparison

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

Start-Up Costs and Fees
 
Krystal Restaurants Franchise
Fat Patty's Franchise
Investment $900,000 - $1,300,000$627,533 - $1,048,500
Franchise Fee $32,500$40,000
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
Fat Patty's Franchise
Experience
  • Industry experience
  • General business experience
    		• -Working capital of $750,000 with good credit -Solid business experience sales and business experience required -Knowledge of the trade area where the store will be located -Passion for service

    Financing Options
     
    Krystal Restaurants Franchise
    Fat Patty's 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
    Fat Patty's 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)

    		-

    Expansion Plans
     
    Krystal Restaurants Franchise
    Fat Patty's Franchise
    US Expansion Yes-
    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 Fat Patty's

    Fat Patty’s opened its doors in 2007 beside the campus of Marshall University in Huntington, West Virginia. We now have 4 locations in West Virginia and Kentucky. The casual dining experience, along with our full bar and numerous large, flat-screen televisions, makes Fat Patty’s the best family friendly restaurant around. Our focus is on team growth, training and development, investing in our facilities, remodeling and involvement in our communities.