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Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)

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Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)
« on: January 21, 2020, 12:21:02 PM »
https://www.al.com/news/2020/01/krystal-files-for-bankruptcy.html


Quote
The Krystal Company, parent company of restaurant chain Krystal, has filed for Chapter 11 bankruptcy protection.

The Georgia-based chain cited debts of between $50 million and $100 million, according to National Restaurant News. The filing was made in the Northern District of Georgia.

The chain listed 30 creditors, including The Tombras Group media agency of Knoxville, Tennessee for $4.2 million, U.S. Foods Inc. of Rosemont, Ill. at $2.9 million and Radiant Systems of Atlanta for $560,053.

In a statement, Krystal Company said its actions were “intended to enable Krystal to establish a stronger business for the future and to achieve a restructuring in a fast and efficient manner.

"We are pleased to be ready to move toward a brighter future for the brand and have the support of our stakeholders."

As of late last year, Krystal had 318 restaurants, including 202 company-owned stores and 166 franchise locations. Its restaurants are located in nine states: Alabama, Georgia, Tennessee, Georgia, Florida, Kentucky, Mississippi, North Carolina, South Carolina, and Arkansas.

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Re: Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)
« Reply #1 on: January 21, 2020, 12:59:56 PM »
It's no Hooters
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Buzz Killington

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Re: Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)
« Reply #2 on: January 21, 2020, 02:14:56 PM »
It's no Hooters
Not according to the Yelp reviews
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Now I may be an idiot, but there is one thing I am not, sir, and that, sir, is an idiot.

CCTAU

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Re: Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)
« Reply #3 on: January 21, 2020, 02:34:01 PM »
I have to stop myself from getting their breakfast all the time.
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Five statements of WISDOM
1. You cannot legislate the poor into prosperity, by legislating the wealth out of prosperity.
2. What one person receives without working for, another person must work for without receiving.
3. The government cannot give to anybody anything that the government does not first take from somebody else.
4. You cannot multiply wealth by dividing it.
5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friends, is the beginning of the end of any nation.

Buzz Killington

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Re: Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)
« Reply #4 on: January 21, 2020, 02:42:42 PM »
I have to stop myself from getting their breakfast all the time.
I knew this was coming the day they started screwing with my breakfast.  For 5 years or more, at least twice a week I would stop and get the low carb scrambler bowl combo.  About a year ago, they started forcing hash browns on you and charging a dollar more.  They lost my business and I'm fairly certain that's why the Chapter 11 now.
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CCTAU

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Re: Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)
« Reply #5 on: January 21, 2020, 02:44:17 PM »
I knew this was coming the day they started screwing with my breakfast.  For 5 years or more, at least twice a week I would stop and get the low carb scrambler bowl combo.  About a year ago, they started forcing hash browns on you and charging a dollar more.  They lost my business and I'm fairly certain that's why the Chapter 11 now.
Yep. Don't mess with perfection!
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Five statements of WISDOM
1. You cannot legislate the poor into prosperity, by legislating the wealth out of prosperity.
2. What one person receives without working for, another person must work for without receiving.
3. The government cannot give to anybody anything that the government does not first take from somebody else.
4. You cannot multiply wealth by dividing it.
5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friends, is the beginning of the end of any nation.

Buzz Killington

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Re: Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)
« Reply #6 on: January 21, 2020, 02:46:53 PM »
Yep. Don't mess with perfection!
I mean, how are hash browns low carb?  They are lucky I didn't send them a tersely worded letter from my attorney.
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Now I may be an idiot, but there is one thing I am not, sir, and that, sir, is an idiot.

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Re: Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)
« Reply #7 on: January 21, 2020, 02:47:29 PM »
I knew this was coming the day they started screwing with my breakfast.  For 5 years or more, at least twice a week I would stop and get the low carb scrambler bowl combo.  About a year ago, they started forcing hash browns on you and charging a dollar more.  They lost my business and I'm fairly certain that's why the Chapter 11 now.
low carb and Krystal should never be in the same sentence. 
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CCTAU

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Re: Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)
« Reply #8 on: January 21, 2020, 02:50:49 PM »
low carb and Krystal should never be in the same sentence.
Breakfast is a totally different animal.

The Krystal in AU lost a lot of money when they shut down the one right on campus.
Hell they made their weekly numbers just on Friday and Saturday night alone!
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Five statements of WISDOM
1. You cannot legislate the poor into prosperity, by legislating the wealth out of prosperity.
2. What one person receives without working for, another person must work for without receiving.
3. The government cannot give to anybody anything that the government does not first take from somebody else.
4. You cannot multiply wealth by dividing it.
5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friends, is the beginning of the end of any nation.

Snaggletiger

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Re: Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)
« Reply #9 on: January 21, 2020, 03:01:47 PM »
I know I'm definitely in the minority here, but I'm just not a fan of the tiny, square burgers.  So many other burger options that I prefer over teh Christals.  Can't say I've ever tried their breakfast, though.  Sounds like I might be missing out.
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Buzz Killington

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Re: Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)
« Reply #10 on: January 21, 2020, 03:27:45 PM »
I know I'm definitely in the minority here, but I'm just not a fan of the tiny, square burgers.  So many other burger options that I prefer over teh Christals.  Can't say I've ever tried their breakfast, though.  Sounds like I might be missing out.
I cannot stand their "burgers", but their egg, sausage and cheese bowl was the bomb...until they forced the hash browns into it.
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Now I may be an idiot, but there is one thing I am not, sir, and that, sir, is an idiot.

Snaggletiger

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Re: Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)
« Reply #11 on: January 21, 2020, 03:34:57 PM »
I cannot stand their "burgers", but their egg, sausage and cheese bowl was the bomb...until they forced the hash browns into it.
So they mixed the browns into the bowl?  Not just an order on the side? 

I think your tersely worded letter idea has legs.
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Buzz Killington

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Re: Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)
« Reply #12 on: January 21, 2020, 03:46:09 PM »
So they mixed the browns into the bowl?  Not just an order on the side? 

I think your tersely worded letter idea has legs.
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AUTiger1

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Re: Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)
« Reply #13 on: January 21, 2020, 03:52:07 PM »
low carb and Krystal should never be in the same sentence.
Truth!  What kind of people did you allow on the X?  My gosh!

I know I'm definitely in the minority here, but I'm just not a fan of the tiny, square burgers.  So many other burger options that I prefer over teh Christals.  Can't say I've ever tried their breakfast, though.  Sounds like I might be missing out.
:facepalm::facepalm::facepalm:

First you smack Jesus in the face by going and eating the devil's chicken sandwich and bragging about it to this place!  What's wrong with you?!!  Quick, someone get this man to a confessional!
« Last Edit: January 21, 2020, 04:06:48 PM by AUTiger1 »
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Re: Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)
« Reply #14 on: January 21, 2020, 04:04:08 PM »
Krystal.  Gut bombs.

When I first moved out on my own I holed up in some rat hole apartments.  Literally.  Rats. Wallpaper peeling off the wall.  Carpet perma-stained with who knows what.  But it was cheap and that was my primary criteria. 

This was in my "spend money on MD 20/20 because it would get you drunk and dig cigarette butts out of the ashtray for the re-smoke when the pack got low" phase. 

There was a Krystal to which I could stagger at 2 or 3 in the morning.  Pay for my bag full of gut bombs with whatever change I could find in my apartment or along the way. Get there and drunkenly disrupt people having pre or post sex quick bites while huddled up in the greasy booths.  Get told multiple times to get out and not come back.  Bring it back to whatever soused whore was lying on the couch at the time. 

It never failed.  No matter what shape I was in (drunk or sober) or what time I ate them the gut bombs would begin exploding about two hours after ingestion.  Some of the most nuclear, flaming explosions I've ever produced were propelled by those square doses of hell. 

There's an entire whore-involved post-Krystal 'we should try that' disaster that I don't think I'll ever tell.  Not even in my book of stories.

As far as I can remember, I haven't had a Krystal burger in about 30 years.
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AUTiger1

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Re: Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)
« Reply #15 on: January 21, 2020, 04:08:06 PM »
Krystal.  Gut bombs.

When I first moved out on my own I holed up in some rat hole apartments.  Literally.  Rats. Wallpaper peeling off the wall.  Carpet perma-stained with who knows what.  But it was cheap and that was my primary criteria. 

This was in my "spend money on MD 20/20 because it would get you drunk and dig cigarette butts out of the ashtray for the re-smoke when the pack got low" phase. 

There was a Krystal to which I could stagger at 2 or 3 in the morning.  Pay for my bag full of gut bombs with whatever change I could find in my apartment or along the way. Get there and drunkenly disrupt people having pre or post sex quick bites while huddled up in the greasy booths.  Get told multiple times to get out and not come back.  Bring it back to whatever soused whore was lying on the couch at the time.

It never failed.  No matter what shape I was in (drunk or sober) or what time I ate them the gut bombs would begin exploding about two hours after ingestion.  Some of the most nuclear, flaming explosions I've ever produced were propelled by those square doses of hell. 

There's an entire whore-involved post-Krystal 'we should try that' disaster that I don't think I'll ever tell.  Not even in my book of stories.

As far as I can remember, I haven't had a Krystal burger in about 30 years.
I thought you were supposed to get back on a horse and try again if it throws you off?  Get back on the horse! 
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Re: Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)
« Reply #16 on: January 21, 2020, 04:10:54 PM »
I thought you were supposed to get back on a horse and try again if it throws you off?  Get back on the horse!
One of the horses I got back on.   

But when I got to the point that I could splurge on food that cost more than $1.75?  I put Krystal and Church's in the rear view mirror. 
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Re: Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)
« Reply #17 on: January 21, 2020, 04:40:38 PM »
I thought you were supposed to get back on a horse and try again if it throws you off?  Get back on the horse!
Really all I read is a quitter attitude.  


https://youtu.be/B05BrLhYoU8?t=35
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AUTiger1

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Re: Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)
« Reply #18 on: January 21, 2020, 05:28:03 PM »
Really all I read is a quitter attitude. 


https://youtu.be/B05BrLhYoU8?t=35
Pretty much.


One of the horses I got back on. 

But when I got to the point that I could splurge on food that cost more than $1.75?  I put Krystal and Church's in the rear view mirror.
I'm not saying you have to ride that bitch in the Kentucky Derby or the Preakness.  May just take it a quick lap around the pasture for old times sake.  I do Krystal 3 times a year.  Even with all my drinking, getting high and fucked up, something always told me anything more than that and I would die.  

Oh, I thought that hurricane up north several years ago took out all those churches?
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There are gonna be days when you lay your guts on the line and you come away empty handed, there ain't a damn thing you can do about it but go back out there and lay em on the line again...and again, and again! -- Coach Pat Dye

It isn't that liberals are ignorant. It's just they know so much that isn't so. --Ronald Reagan

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Re: Krystal files Chapter 11 (a.k.a. Sackful of Bankruptcy)
« Reply #19 on: January 21, 2020, 11:36:12 PM »
Krystal.  Gut bombs.

When I first moved out on my own I holed up in some rat hole apartments.  Literally.  Rats. Wallpaper peeling off the wall.  Carpet perma-stained with who knows what.  But it was cheap and that was my primary criteria. 

This was in my "spend money on MD 20/20 because it would get you drunk and dig cigarette butts out of the ashtray for the re-smoke when the pack got low" phase. 

There was a Krystal to which I could stagger at 2 or 3 in the morning.  Pay for my bag full of gut bombs with whatever change I could find in my apartment or along the way. Get there and drunkenly disrupt people having pre or post sex quick bites while huddled up in the greasy booths.  Get told multiple times to get out and not come back.  Bring it back to whatever soused whore was lying on the couch at the time.

It never failed.  No matter what shape I was in (drunk or sober) or what time I ate them the gut bombs would begin exploding about two hours after ingestion.  Some of the most nuclear, flaming explosions I've ever produced were propelled by those square doses of hell. 

There's an entire whore-involved post-Krystal 'we should try that' disaster that I don't think I'll ever tell.  Not even in my book of stories.

As far as I can remember, I haven't had a Krystal burger in about 30 years.
Farts like nothing else. I think it’s the steamed onions. 
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