Golden Corral Franchise

Family-style restaurant featuring steaks, buffet and bakery items

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 150 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.

Please Note: The operators of Golden Corral, may not have verified the accuracy of the franchise information contained within this website. For accurate up-to-date information, customers are strongly recommended to visit the official Golden Corral website.

Start-up Costs & Franchise Fees

How much does it cost to open a Golden Corral franchise?

Total Investment: $1,700,000-$4,000,000
Initial Franchise Fee: $40,000
Royalty Fee: 4%
Advertising Fee:
Term of Agreement: 15 years
Renewal Fee: $13.3K/5 years

How to contact Golden Corral

Golden Corral News

Golden Corral Buffet-style Restaurant To Build Franchise In Surprise
A Golden Corral restaurant will soon go up at Grand Avenue and Sun Village Parkway. The national chain of buffet-style diners is expanding its presence in Arizona, according to the company. Construction of the 10,330-square-foot building is slated to start at the end of February. The restaura... more

‘GOLDEN CORRAL IN RACE TO WIN MORE MARKET SHARE,
The headline in Nation’s Restaurant News, the “bible” of the foodservice industry, said it all: “Golden Corral In Race To Win More Market Share, Plans Increased Advertising, New Look”. Financial Editor Susan Spielberg’s report on the annual Franchise Con... more

Golden Corral Franchisee Ratna Yalamanchili Featured In Business Publication Directed Toward Indian-american Entrepreneurs
Golden Corral franchisee Ratna Yalamanchili, whose three restaurants in Illinois and Wisconsin are among the top performers in the family buffet and grill system, is featured in a national business publication directed toward Indian-American entrepreneurs. Mrs. Yalamanchili's successes in Jol... more

Frisch's Adds 21 Golden Corral Restaurants To Development Plans, Will Enter W. Pennsylvania., S. Michigan, Columbus, Ohio
Frisch's Restaurants, Inc. of Cincinnati and Golden Corral of Raleigh, N.C. have signed an area development agreement under which Frisch's will open and operate 21 Golden Corral restaurants in the western Pennsylvania, southern Michigan and Columbus, Ohio, markets by 2011. This brings to 62 ... more

Orlando Restaurateur Eric Holm Selected Golden Corral "Franchisee Of The Year" For Fourth Time Based On Results Of His Vineland Avenue Restaurant
Orlando restaurateur Eric Holm yesterday (October 6) was selected 2004 "Franchisee of the Year" by Golden Corral Corporation, the fourth time he has been named the #1 franchisee in the 470-unit segment leading national buffet and grill chain. Mr. Holm had two of the four top-ranked Golde... more

View all Golden Corral Press Releases

Franchise History

When did the first Golden Corral open? 1973
When did Golden Corral start franchising? 1987

Year	U.S.A.	Canada	International	Corporate
2004	350	0	0	119
2003	348	0	0	122
2002	350	0	0	122
2001	344	0	0	120
2000	316	0	2	134

Expansion Plans

United States: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,

International:

Financing Options

Expense	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	Yes
Payroll	No	Yes

Training & Support

Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

Marketing
Co-op advertising, Ad slicks, Regional advertising

Business Operations

International franchisees required to buy multiple units/master licenses; 80% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 100

Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators)

Qualifications & Business Experience

Business Experience:

Industry experience

(or must have partner with industry experience.)

• Full Service Restaurant Franchise Opportunities
• Franchises Over $1 Million

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