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KRYSTAL ACQUIRES FOUR RESTAURANTS

 CHATTANOOGA, Tenn., Nov. 24 ~PRNewswire~ -- The Krystal Company (NASDAQ: KRYS) announced today that it has acquired three Krystal Kwik restaurants in the Charleston, S.C., area from a franchisee.
 It is the intention of Krystal to develop or co-develop fully the Charleston, S.C. market. Separately, Krystal has also acquired a Krystal Kwik restaurant located in Manchester, Tenn., from a franchisee and is operating the restaurant. Terms of the transactions were not disclosed.
 The Krystal Company operates and franchises full-size Krystal and small "double drive-thru" Krystal Kwik quick-service hamburger restaurants. The Krystal Company currently operates 218 Krystal restaurants and 15 Krystal Kwik restaurants, while franchisees currently operate six Krystal restaurants and 18 Krystal Kwik restaurants.
 -0- 11~24~92
 ~CONTACT: Claudia D'Avanzo or Katie deNourie of Fleishman-Hillard, 404-659-4446, for Krystal; or Cam Scearce of The Krystal Company, 615-757-1510~
 (KRYS)


CO: The Krystal Company ST: Tennessee, South Carolina IN: LEI SU: TNM

BR-BN -- AT015 -- 1260 11~24~92 16:46 EST
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Publication:PR Newswire
Date:Nov 24, 1992
Words:160
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