Krystal Gone Bankrupt?

By Madison Clabough


Everyone knows that Krystal has been going downhill because of their food and sometimes their customer service. Luckily for their doubters, they are now going bankrupt. As of late last year, Krystal had 318 restaurants that spanned throughout nine states: Alabama, Georgia, Tennessee, Georgia, Florida, Kentucky, Mississippi, North Carolina, South Carolina and Arkansas. The chain that started in Chattanooga and has been around for almost 7 decades since 1932, is now filing for Chapter 11 bankruptcy protection. The debt is reported to be about $50-$100 million, but their restaurants will still remain open.