TL;DR
Krystal Restaurants has signed a refranchising deal with WAC Enterprises, transferring four stores and expanding the brand's presence in the southeastern United States. This deal marks the continuation of Krystal's refranchising efforts, which began in March 2023 with the transfer of 10 locations to WAC Enterprises.
Krystal Restaurants LLC recently signed a deal to transfer four stores to their largest operator. Krystal is refranchising four restaurants to WAC Enterprises, a subsidiary of The Hale Group. The four restaurants are located throughout the southeastern United States.
In March 2023, Krystal completed a transfer of 10 locations to WAC Enterprises in the Tennessee and Georgia markets. This deal marked the launch of Krystal’s major refranchising efforts and the brand’s continued commitment to growth through existing and new franchise partners.
“WAC Enterprises has been an integral partner for more than 30 years and their recent acquisitions speak to their continued confidence in our brand,” said Casey Terrell, Chief Marketing Officer for Krystal Restaurants LLC. “We are honored to have their decades-long support and are thrilled to grow and evolve with them. They are a testament to how our legacy brand has been able to remain a leading franchisor especially with multi-unit owners.”
WAC Enterprises is headquartered in Chattanooga, TN. They are one of the longest standing franchise partners for Krystal. They have locations in key markets including Georgia and Tennessee.
In this story
This story was originally published in Franchising.com on April 24, 2023. Burnaze summarizes and links to the original reporting.
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