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 160 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.

The total investment necessary to begin operation of a restaurant
ranges from $2,700,795 to $5,340,215 for the less expensive restaurant
design, and from $3,453,379 to $7,037,915 for the more expensive
restaurant design. This amount includes $51,400 to $4,482,285 that must
or may be paid to the franchisor or its affiliates.

#90 in Franchise 500 for 2020.

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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, investors are strongly recommended to visit the official Golden Corral website.

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

The investment required to open a Golden Corral Franchise is between $2,700,795-$7,037,915. There is an initial franchise fee of $50,000 which grants you the license to run a business under the Golden Corral name.

Individual Unit Costs

  • Initial Investment:
  • Initial Franchise Fee:
  • Royalty Fee:
  • Advertising Fee:
  • Term of Agreement:
    15 years
  • Renewal Fee:
    15 years (plus two, 5-year renewal options)

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Golden Corral Launches the Ultimate 7-Day Brunch
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If you've caught those Golden Corral commercials on TV, and you've been hankering for the "Seafood Spectacular," or the "Biggest Buffet in the USA," or the "Chocolate Wonderfall," tell your stomach it's on the way. Golden Corral, which operates 488 all-you-can-eat buffet locations in 43 state...

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Bob McDevitt, Senior Vice President of Franchise Development for Golden Corral, recently discussed ways in which small business owners can maximize their relationship and leverage the value of their franchise partnership. The speech was given to an audience of potential franchisees at the Tampa Fran...

Golden Corral Evolved From Struggling Steakhouse To Successful Franchise
Golden Corral hasn't always been the master of the plentiful and affordable buffet. The company started out 41 years ago as a family-friendly, entree-driven steak restaurant in Fayetteville. By the 1980s, Golden Corral had opened about 500 restaurants similar to that one when competitors start...

Golden Corral News & Press Releases

When did the first Golden Corral open? 1973
When did Golden Corral start Franchising? 1986

United States: Nationwide


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

Other Financing Source(s): Third-party financing may be provided from over 40 of the nation’s leading lenders

On-The-Job Training: 665 hours
Classroom Training: 8.5 hours
Additional Training: At company training location

Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

National Media
Regional Advertising
Social media
Website development
Email marketing
Loyalty program/app

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)

Business Experience:

  • Industry experience
  • (or must have partner with industry experience.)

  • Your income potential as a Golden Corral Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.

    Listing Tags

    Buffet, dining, family restaurant
    Golden Corral Franchise Opportunity viewed 60263 times by investors.

    Legal Disclaimer: This information is not a franchise offering for Golden Corral and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Golden Corral franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

    Golden Corral

    Golden Corral

    Golden Corral Franchising Systems Inc.
    5151 Glenwood Ave.
    Raleigh, NC


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    (Min $50k Investment)
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