Golden Corral Franchise Cost & Fees
Golden Corral Franchise: The company was started in 1973, and its headquarters are in Raleigh, North Carolina.
In the United States, the company runs restaurants. Golden Corral also lets people start their own franchises.
Its restaurants serve steaks, pork, seafood, shrimp, chicken, sirloin, omelettes, pancakes, sausages and bacon, fruits, French toasts, pastries, breads, yeast rolls, cakes and pies, cookies, brownies, ice cream, and chocolate fountains for breakfast, lunch, and dinner.
Golden Corral Company Overview
| Industry | Food |
| Founded | 1973 |
| Franchising Since: | 1986 |
| Parent Company | Golden Corral Corp. |
| Leadership | Lance Trenary, CEO |
| Golden Corral Corporate Address |
|
| Golden Corral Official Website |
https://www.goldencorral.com |
| Golden Corral Social Media |
How Much Does Golden Corral Franchise Cost?
The Fee To acquire a Golden Corral franchise is up To $50,000 and the initial investment is between $2,168,419 And $6,602,5130.
- Initial investments: $2,168,419 – $6,602,5130
- Net-worth Requirement: $2,500,000
- Liquid Cash Requirement: $500,000
Ongoing Fees
- Initial Franchise Fee: $50,000
- Ongoing Royalty Fee: 4%
- Ad Royalty Fee: 2.4%
Support Options
- On-The-Job Training: 565 hours
- Classroom Training: 8.5 hours
- Number of Employees Required to Run: 100
- Additional Training: At company training location
Why Invest in a Golden Corral Franchise?
Golden Corral is a Well-funded, Privately owned business with a Founder who is still involved and One of the longest-serving senior management teams in the industry.
The Golden Corral has a concept that has worked in the past and a complete, well-defined support program at every point:
- Choosing a site
- Management recruiting
- Construction
- Management training
- Help with opening the unit
- Ongoing help with operations and marketing
- Best-in-class systems for training coworkers and running the business that have been tested and improved.
- The franchise network has a real competitive edge because it is part of a nationwide system that works with a leading distribution company and equipment supplier.
Golden Corral continues to open and run company stores to improve its management skills and make sure it has a strong relationship with customers who eat there often.
Golden Corral Contact Information
Below is the Golden Corral contact information in case if you want to contact the restaurant or visit there.
- 👉 Golden Corral Office Address – 5151 Glenwood Ave, Raleigh, North Carolina 27612
- 👉 Golden Corral Phone Number – (919) 881-4465
- 👉 Contact Form – Visit Now
- 👉 Golden Corral Franchise – goldencorral.com
About Golden Corral Buffet and Grill
A chain of family restaurants called Golden Corral is set up like a buffet. The Restaurants try To offer a wide range of Affordable Options made with high-quality, fresh ingredients And top-of-the-line cooking methods.
There are traditional dishes like meatloaf and lasagna on the hot buffet, as well as more modern fusion dishes like honey teriyaki sirloin.
There is Also a Bakery and dessert buffet with a Variety of breads, cakes, pies, cookies, And ice cream. The salad buffet has a lot of fresh ingredients.
On the weekends, guests can enjoy the famous breakfast buffet, which has cooked-to-order egg dishes, sausage, a variety of rolls and waffles, juices, and bacon.
The company keeps doing research and coming up with new recipes and better ways to make old favourites.
The Golden Corral buffet tries to find a good balance between serving traditional food and giving customers options that are new or better for them.
Golden Corral also focuses on being involved in the community. In the past, initiatives have included giving money to groups that help veterans and giving active duty military and veterans free meals.
FAQs About Golden Corral Franchise
How much does a Golden Corral franchise cost?
Including the $50,000 franchise fee, it costs between $2.2 million and $6.6 million To Open a Golden corral franchise.
This is Not a first Time investment in a Franchise. To Own a franchise You Must have at Least $500,000 in Cash And a net worth Of at least $2.5 million.
How much does a Golden Corral franchise owner make?
The Base pay is estimated to be $74,121 per year. The extra pay is expected to be $39,192 Per Year. Extra money could come in the form of a bonus, stock, commission, share of profits, or tips.
Do Golden Corral servers make money?
The Average hourly pay for a server at Golden Corral Corporation in the United States is about $15.84, Which is 16% more than the Average Pay across the Country.
Who is the largest Golden Corral franchisee?
Operator 1069 Restaurant Group