Golden Corral Buffet and Grill Franchise
Golden Corral is an established buffet restaurant franchise offering a wide, affordable customizable selection of 150 hot and cold dishes.
$500,000
$50,000
351
1986
Raleigh,NC
Lance Trenary
About Golden Corral Buffet and Grill
Golden Corral is a chain of family restaurants operating on a buffet model. The restaurants focus on providing an affordable and extensive array of choices while using high-quality, fresh ingredients and top-of-the-line preparation techniques. The hot buffet features a selection of traditional favorites such as meatloaf and lasagna along with updated fusion dishes like honey teriyaki sirloin.
There is also a salad buffet with a variety of fresh ingredients, as well as a bakery and dessert buffet with an assortment of breads, cakes, pies, cookies and ice cream. On weekend mornings, guests can enjoy the famous breakfast buffet consisting of cooked-to-order egg dishes, sausage, several types of rolls and waffles, juices and bacon.
The company continues to research and develop new recipes as well as improved techniques for current favorites. Golden Corral buffet selections aim to strike a balance between offering traditional items and appealing to customers looking for updated or healthier options.
Golden Corral also emphasizes community involvement. Previous initiatives have included contributions to veterans' organization and free meals for active duty personnel and veterans.
Franchise Unit Trends & Revenue
351
5
$4,276,445
* in 2024
Franchise Fees
$50,000
Veteran's Fee: $25,000
4.0%
Gross Sales
2.4%
Gross Sales
Why Choose Golden Corral Buffet and Grill?
Golden Corral is an established, successful franchisor with over 45 years of industry experience. It is a highly recognizable and popular brand with a presence throughout the United States. Franchisees benefit from a high level of resources, strong marketing and operational experience, proven recipes and restaurant designs. There are currently available markets in most states.
Starting Costs & Investment Requirements
$2,286,545 - $6,732,000
$2,500,000
$500,000
History
The first Golden Corral restaurant opened in 1973, in Fayetteville, NC. It operated as a family steakhouse that seated 175 guests. Over the ensuing decade, additional locations opened. The company focused on serving well-cooked favorite menu items in a welcoming setting designed to appeal to families.
In the 1980s, the company made some changes in response to popular demand. These changes including a larger building design that could accommodate 400+ guests. The new design also featured a food preparation area fully visible to guests. An expanded menu featured added salad bar items as well as additional entrees. It also introduced the Golden Choice buffet, which offered over 160 hot and cold foods.
Today, Golden Corral continues to improve and update its selection. It has been widely recognized in the industry as a leading restaurant chain and franchisor.
Ideal Candidate
There are currently two incentive programs where eligible franchisees can receive a reduction of the initial franchise fee. A franchisee who has an approved plan for opening a Golden Corral at a site formerly occupied by an Ovation Brands location may pay an initial franchise fee of either $10,000 or $30,000. Additionally, a current franchisee who signs an area development agreement to open additional locations may qualify for a reduced initial franchise fee of $15,000 for the new unit.
Restaurant and Food Franchises
Franchises up to $5,000,000
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