The Chattanooga company known for its small, steamed burgers is exploring a sale, the company announced today.
The Krystal Co., which owns or franchises 364 stores in 11 states, said it has retained a investment firm to find a buyer for the Chattanooga-based restaurant chain.
Krystal CEO Fred Exum said the company is seeking a new investor to take the company forward.
“The target is to deliver an attractive exit for current shareholders who have been tremendously supportive over the past 14 years, while also establishing a solid platform for our employees to further expand the brand by continuing to serve our loyal customers,” he said.