A&W Restaurants, Inc. vs Krystal

Compare franchise fees, investment range, royalties, SBA lending performance, unit growth, and Item 19 transparency with a permanent shareable URL.

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A&W Restaurants, Inc.
Casual Dining
Investment
$299K to $1.6M
Franchise fee
$30,000
Item 19 status
Revenue Only
Units
212
Krystal
Casual Dining
Investment
$470K to $2.2M
Franchise fee
$35,000
Item 19 status
Revenue Only
Units
143
Lower entry cost
Leans left
Based on minimum initial investment.
Better disclosed economics
Even
Uses Item 19 availability and transparency status.
Lower SBA default risk
Even
Treat low-loan brands carefully, sample size matters.
MetricA&W Restaurants, Inc.Krystal
Franchise Fee
$30,000$35,000
Min Investment
$299K$470K
Max Investment
$1.6M$2.2M
Royalty Rate
5.0%5.0%
Ad Fund Rate
5.0%4.5%
Total Ongoing Burden
Royalty plus ad fund when available.
10.0%9.5%
Median Revenue (Item 19)
$1.3M$961K
Cash-on-Cash Return
Estimated when revenue and margin assumptions are available.
0.0%0.4%
Payback Period
N/A273.6 yrs
Revenue per Dollar Invested
1.29x0.73x
Franchised Units
212143
1-Year Net Unit Change
113
Net Unit Growth Rate
0.5%10.2%
Net Closure Rate
Net closure proxy based on disclosed unit change.
N/AN/A
SBA Default Rate
0.0%0.0%
SBA Loan Count
Use this to judge whether SBA default data is statistically meaningful.
21
Average SBA Loan Size
$223K$322K
Item 19 Status
Revenue OnlyRevenue Only
Has Item 19
✓ Yes✓ Yes
Data Quality Score
100100

What stands out

  • A&W Restaurants, Inc. opens at $299K to $1.6M, while Krystal ranges from $470K to $2.2M.
  • A&W Restaurants, Inc. shows an Item 19 disclosure; Krystal shows an Item 19 disclosure.
  • A&W Restaurants, Inc. has 212 franchised units versus 143 for Krystal.

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Last updated: April 2026