MULTI-UNIT
Buyer’s Guide
FOOD
Qualifications
Verifiable net worth of
$2,500,000 in investment
group with $500,000 liquid or
cash equivalents. (Third-party
financial assistance is available
in pools of funds from over 40
of the nation’s leading lenders.)
Restaurant experience required
within group. Applicant(s) must
demonstrate necessary energy
and successful experience to
develop single- and multi-unit
restaurants. Must recognize and
reward employees/co-workers
as valuable human resources.
OPPORTUNITY
Description
Golden Corral is a grill-buffet,
family-style restaurant featuring
display cooking, charbroil ed
USDA steaks, a 160-item
buffet/salad bar with a meat
carving station, seafood station, Italian foods, Asian foods,
in-house bakery that offers
fresh breads, muffins, cookies,
pies, cakes, and The Chocolate
Wonderfall fondue dipping
fountain—where guests may
dip strawberries and other
sweet treats. The 120-item,
weekend-only breakfast buffet
features eggs and omelets
cooked to order, bacon,
sausage, pancakes, waffles,
and fresh cinnamon rolls.
Operational Support:
Golden Corral uses an
integrated system of ongoing
support. East and West regions
each have a vice-president
of operations that provides
ongoing marketing, training,
and operational support.
Contact is weekly with a Franchise Service Consultant (FSC),
with quarterly visits by FSC
and quality assurances
inspectors. There is an annual
national convention, semiannual regional meetings and
quarterly training meetings
Fast Franchise Facts
Franchising Since: 1986, founded 1973
Total Franchise Operating Operating Units: 388
Company Operating Units: 97
Capital Investment: $1,953,900–$6,756,500 (estimated)
Franchise Fee (per unit): $50,000 (15-year term)
Royalty Fee (per unit): 4% of sales
Advertising fee (per unit): 2% – 6% of sales
Earnings Claims: Yes
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.
Available Territories: Continental United States
Rankings
& Awards
Demographics
Contact
In 2012, ranked #1 franchise
in the buffet restaurant category
by Entrepreneur Magazine.
Golden Corral has broad
social and economic support
with an offering and service
style that appeals to a large
segment of the population.
Golden Corral’s direct appeal
is to value conscious singles,
families and seniors of all
ethnic backgrounds.
Annette Bagwell
Franchise Sales &
Legal Assistant
(800) 284-5673 X 4479
[email protected]
Build-Out Options: Conversions, End Caps, In Lines (after first
free standing unit)
Training: A 10-week
training program for general
and associate managers covers
all aspects of restaurant management and operations.
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SITE LOCATION
MULTI-UNIT BUYER’S GUIDE 2012
www.goldencorralfranchise.com
In 2011, ranked #1 in the grillbuffet segment for 14 years by
Nation’s Restaurant News.
In 2009, Restaurants & Institutions ranked Golden Corral
#1 in Consumer’s Choice in
cafeteria/buffet chains.