FOOD
Opportunity Description
With more than 40 years of success and nearly 500 locations , Golden Corral is recognized by Nation ’ s Restaurant News as “ America ’ s # 1 buffet and grill .”
This concept is a proven winner — a high-value , familyoriented lunch and dinner buffet served daily and breakfast every weekend . Golden Corral is the first-choice franchise brand for savvy restaurant operators looking to expand their local dining market share or successful franchisees seeking to diversify their portfolio with a proven high revenue restaurant brand . The longevity and strength of the Golden Corral brand can be attributed to strict adherence to the restaurant ’ s founding mission : “ Making Pleasurable Dining Affordable .” ®
With national brand recognition , best-in-class food offerings and value pricing , there is still plenty of growth potential .
Golden Corral can help you take advantage of long-standing relationships with more than 40 of the nation ’ s leading lenders who provide financing options directly to qualified franchisees . Golden Corral does not provide or administer loans or investment capital , but we can help you identify sources of financing .
Golden Corral ’ s directors , management team , and franchisees , have set a course of development that will allow Golden Corral to continue to be the leader in the family restaurant segment in communities throughout the United States .
FAST FRANCHISE FACTS
Franchising Since : 1986 , founded 1973 Total Franchise Operating Units : 392 Company Operating Units : 102
Capital Investment : $ 1,969,000 –$ 5,539,000 estimated Franchise Fee ( per unit ): - $ 50,000 per unit ( 15-year term with 25-year option potential ) Royalty Fee ( per unit ): 4 % of sales Advertising Fee ( per unit ): 2.4 % Earnings Claims : Yes Build-Out Options : Freestanding units , Conversions , End Caps , In-Lines Available Territories : Continental United States
CONTACT
Annette Bagwell | Franchise Sales & Legal Assistant ( 800 ) 284-5673 x4479 abagwell @ goldencorral . net goldencorralfranchise . com
Demographics
Two Golden Corral building design options are available — the GC- 11S and GC-11M — to match the building size and land needed to meet market potential . Both designs require free-standing sites with sufficient parking , a minimum traffic count fronting the site , a strong daytime population , and total populations of over 50,000 in the immediate area .
Site Location Assistance
Golden Corral uses analytical tools and demographic databases to identify markets and approve sites . Full-time Directors of Real Estate guide franchisees in site selection , real estate negotiations and development .
Ranking & Awards
• # 1 in the Buffet Restaurant Category 2011-2016 Entrepreneur Magazine .
• # 1 Grill-Buffet Segment for 14 years Nation ’ s Restaurant News
MULTI-UNIT BUYER ’ S GUIDE 2016 45