Golden Corral Restaurants

Family steakhouses, buffets, and bakeries

Previous | Next

About

Founded

1973

Franchising Since

1987 (32 Years)

Corporate Address

5151 Glenwood Ave.
Raleigh, NC 27612

CEO

Lance Trenary

Parent Company

Golden Corral Corp.

Financial Requirements

Initial Investment ⓘ

$2,168,419 - $6,602,513

Net-worth Requirement ⓘ

$2,500,000

Liquid Cash Requirement ⓘ

$500,000

Ongoing Fees

Initial Franchise Fee ⓘ

$50,000 - $50,000

Ongoing Royalty Fee

Ad Royalty Fee

2.4%

Financing Options

Golden Corral Restaurants has relationships with third-party sources which offer financing to cover the following:  startup costs, equipment

Support Options

Ongoing Support

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

Email marketing

Loyalty program/app

On-The-Job Training:

565 hours

Classroom Training:

8.5 hours

Additional Training:

At company training location

Number of Employees Required to Run:

100

Golden Corral Restaurants is ranked #34 in the Franchise 500!

Bio

Golden Corral restaurants began as budget steakhouses located principally in small cities from Virginia to Texas. In the mid-1980s, guest requests prompted Golden Corral to reinvent itself by introducing the Buffet & Grill Metro unit that features hundreds of hot and cold items, a carving station, and the Brass Bell Bakery, which offers rolls, muffins, cookies, pies and pizza made from scratch. The buffet was expanded in 2001 to include cooked-to-order sirloin steaks. Smaller restaurant designs are available for smaller markets.

Cost

Initial Investment: Low - $2,168,419 High - $6,602,513

Units

+0.8%+4 UNITS (1 Year) +0.2%+1 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.

Franchise Financing

Using 401(K)/IRA Funds

Tax Penalty-Free
Debt Free
Expert Guidance

Learn More

Franchise Articles

				
What You Need to Know Before Investing in a Chick-fil-A Franchise (60-Second Video)Three things to know about one of the world's most successful franchises.

				Diana Falzone
			
					|			1 min read
			
Start a Franchise for Less Than $10,000 (60-Second Video)Get started without breaking the bank.

				Diana Falzone
			
					|			1 min read
			
Natural Disasters Are On The Rise. That's a Big Business Opportunity.The increase of hurricanes, floods and fires worldwide has created increased demand and opportunity for brands and franchises in the restoration space.

				Jon Marcus
			
					|			12 min read
			
The Best Franchise Brands Of 2019, By CategoryWe ranked the top categories to highlight the best 104 franchise brands.

				Tracy Stapp Herold
			
					|			9 min read
			
Digital Marketing Strategies for Existing and Aspiring Franchise OwnersBusiness owners these days have started to opt for digital marketing, realizing the benefits it can bring to their ventures

				Franchise India Staff
			
					|			3 min read

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 2nd, 2018

Reprints & Licensing Update Your Listing Submit New Listing

My Queue

Golden Corral Restaurants Family steakhouses, buffets, and bakeries Previous | Next