Golden Corral Franchising Systems, Inc.
5400 Trinity Road, Suite 309
Raleigh, NC 27607
Lance Trenary, President and CEO
David Conklin, Senior Vice President of Development
Golden Corral’s first 175-seat, 4,800-square-foot family steakhouse opened in Fayetteville, NC, in 1973. The chain grew steadily during the next decade, principally in small cities from Virginia to Texas. In the mid-1980s, guests’ requests for additional entrees and an expanded salad bar prompted Golden Corral to “reinvent” itself by introducing a 400+ seat, 11,518-square-foot “Buffet & Grill” building design, with food preparation performed in full view of the dining area to emphasize product freshness and quality. The focal point was the Golden Choice Buffet®, which featured 160 hot and cold items; a carving station for roast beef, roast pork, ham, sausage and turkey; plus The Brass Bell Bakery® and Dessert Café along with its smorgasbord of homemade yeast rolls, muffins, cookies, pies, and cakes.
The Endless Buffet Concept:
Golden Corral offers a legendary, endless buffet at breakfast, lunch and dinner. From our home-style menu favorites to signature sirloin steaks to seasonal promotion specials, there are always new menu items to explore.
Lunch and dinner includes our all-you-can-eat soup and salad bar, signature yeast rolls, and homemade desserts, along with soft-serve ice cream and our famous carrot cake. Our great value for a good price makes Golden Corral a favorite family restaurant among adults and kids alike.
2020 Initial Investment:
$2,700,795–$7,037,915 estimated (depending on restaurant size; 11S for smaller markets and 11M for larger markets)*
$2,500,000 net worth for individual or investment group
$500,000 liquid (as part of the $2,500,000 net worth)
Initial franchise fee: $50,000 per restaurant
Royalty: 4% of gross sales
Advertising: 2.4% of gross sales minimum
Franchise Agreement Term:
15 years (plus two, 5-year renewal options)
Site Selection Assistance:
Yes. In-house franchise real estate analysis and support are available
A 13-week training program covering all aspects of restaurant management and operations. The program consists of 13 weeks in certified training restaurants.
• Privately-owned with active founder and stable corporate senior management
• Franchise Advisory Council—Composed of a representative group of owners of fourteen (14) Golden Corral Franchisees who meet up to three (3) times a year with Golden Corral Corporation management, including the CEO.
• Combined purchasing power of nationwide system with leading specialty distribution company, and equipment supplier with advantageous pricing
©2021 Golden Corral Franchising Systems, Inc.