Golden Corral Corp.
5151 Glenwood Avenue Raleigh, North Carolina 27612
Golden Corral Franchising Systems, Inc. was incorporated in Delaware on December 6, 1985. Their principal place of business is 5151 Glenwood Avenue, Raleigh, North Carolina. They do business under the names “Golden Corral,” “Golden Corral Buffet & Grill,” “Golden Corral Family Steakhouse Restaurant,” and “Golden Corral Steaks, Buffet & Bakery.” Golden Corral has offered franchises similar to those offered in this disclosure document since April, 1986.
Golden Corral offers franchises to an individual, group of individuals, corporation, limited liability company, or partnership (“you”) for a family-oriented buffet/grill style restaurant which features a wide variety of beef, pork, seafood, chicken, cold salads, vegetables, desserts at our in-store display bakery, and other food and beverage items for lunch, dinner, weekend breakfast (daily breakfast offered in some restaurants), and snacks. These restaurants must be operated in strict conformance with Golden Corral’s standards and operations procedures (“System”) and be identified by those trade names, service marks, trademarks, logos, emblems, and indicia of origin (collectively, “Proprietary Marks”) licensed by us to you. Restaurants operated under the System and Proprietary Marks are referred to as “Restaurants.” To obtain a franchise, you must sign the franchise agreement in the form attached in Exhibit D to this disclosure document (“Franchise Agreement”).
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Franchimp Summary Rating
5/10
Earning Transparency
10/10
Franchise Attrition
4/10
Investment Accessibility
1/10
$3,377,231 / unit
Average Revenue During 2022Restaurants (Sit-Down)
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Upfront Franchise Fees
Minimum: $51,400 Maximum: $828,000
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $3,541,104 Maximum: $5,854,116
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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