Golden Corral

Golden Corral Franchise FDD, Costs & Fees (2025)

Golden Corral is a buffet-style restaurant franchise that offers a wide variety of all-you-can-eat dishes, including grilled meats, seafood, salads, and desserts, providing a diverse dining experience with something for everyone.

Golden Corral is a renowned entity in the American dining landscape, famed for its extensive buffet that caters to a diverse range of tastes and preferences. Established in 1973, the franchise set out to offer a multitude of dining choices under one roof, making it a popular spot for families and food enthusiasts.

The franchise model was introduced in 1987, enabling entrepreneurs to join the Golden Corral family and expand its unique dining experience to numerous locations.

Based in Raleigh, North Carolina, Golden Corral has grown to be the nation's largest all-you-can-eat buffet chain. This accomplishment highlights its dedication to quality, variety, and value, providing guests with an exceptional dining experience.

The franchise stands out with its culture of hospitality and community, emphasizing diversity and creating an inclusive environment for employees, guests, and franchisees. This approach is central to Golden Corral's operational philosophy and is reflected in the high satisfaction levels among its franchisees.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Golden Corral offers 2 types of franchises:

Restaurant Design Initial Investment Range
Golden Corral (smaller GC 11-S restaurant design) $3,557,604 to $6,090,626
Golden Corral (larger GC 11-M restaurant design) $4,866,667 to $8,738,837

We are summarizing below the main costs associated with opening a Golden Corral franchised restaurant (larger GC 11-M restaurant design). For more information on costs required to start a Golden Corral franchise, refer to the Franchise Disclosure Document (Item 7).

Type of Expenditure Amount
Initial Franchise Fee $50,000
Purchase of Land $800,000 to $2,400,000
Construction, Contractor Site Preparation, Leasehold Improvements $2,600,000 to $4,182,000
Signage $70,000 to $92,800
Furniture and Equipment $1,030,000 to $1,335,180
POS Activation Fee and Hardware $3,116.90 to $11,227
Hardware Installation $4,500 to $6,000
Opening Advertising $10,000 to $15,000
Initial Training $75,050 to $176,630
On-Site Assistance Costs $125,000 to $195,000
Inventory $50,000 to $85,000
Insurance $30,000 to $65,000
Additional Funds (first 3 months) $19,000 to $125,000
TOTAL $4,866,667 to $8,738,837

Franchise Disclosure Document

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Competitors

Below are some of

Golden Corral

key competitors in the

Other Food

sector.

Started franchising
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Franchise fee

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Royalty fee

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Gross Profit

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EBITDA

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Home-based

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Passive investment

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FDD
Golden Corral
1987
348
+
-3%
-3%
$50,000
4.00%

$3,558,000

-

$8,739,000

n.a.

$4,110,000

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61.8%

n.a.

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n.a.

n.a.

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No
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No
No
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No
1993
27
+
4%
4%
$30,000
7.00%

$242,000

-

$829,000

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n.a.

$0

n.a.

n.a.

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n.a.

n.a.

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2022
18
+
n.a.
n.a.
$50,000
5% - 6%

$1,539,000

-

$4,819,000

Upgrade

n.a.

$2,889,000

n.a.

n.a.

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n.a.

n.a.

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2020
44
+
159%
159%
$30,000
5.00%

$197,000

-

$405,000

Upgrade

n.a.

$0

n.a.

n.a.

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n.a.

n.a.

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2011
276
+
n.a.
n.a.
$50,000
30% - 40%

$62,000

-

$327,000

Upgrade

n.a.

$0

n.a.

n.a.

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n.a.

n.a.

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2019
16
+
700%
700%
$35,000
6.00%

$258,000

-

$516,000

Upgrade

n.a.

$558,000

n.a.

n.a.

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n.a.

n.a.

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No
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No
No
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No
2020
6
+
200%
200%
$59,500
4% - 6%

$429,000

-

$723,000

Upgrade

n.a.

$1,591,000

45.7%

n.a.

Upgrade

8.9%

n.a.

Upgrade
No
Upgrade
No
Yes
Upgrade
Yes

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Total investment

?

Revenue (AUV)

?

Revenue growth (last 3 years)

?

Profit margin

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Franchise Disclosure Documents
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Watchlist

?

Priority support

?

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Training 

Golden Corral offers a thorough training program designed to equip franchisees and their managers with the skills needed for effective restaurant operations. The program encompasses both classroom instruction and practical on-the-job training, conducted at certified training restaurants. Key topics covered include restaurant operations, management, food preparation, and customer service.

Practice Management Training

New franchisees are required to undergo an additional six-week initial training program called Practice Management. This program provides an in-depth understanding of managing restaurant operations and may include a week of classroom training in Raleigh, North Carolina, focusing on leadership, coaching, and advanced management skills.

On-the-Job Training for Hourly Employees

Prior to opening, 8 to 16 hourly-wage employees, such as meat cutters, bakers, cooks, and servers, must complete 20 to 60 hours of on-the-job training at an existing Golden Corral restaurant. This training involves working alongside experienced staff to learn job-specific skills.

A-Team Support

For the launch of the first and second restaurants, Golden Corral provides an "A-Team" composed of personnel from Golden Corral and/or authorized franchisees. This team assists in training and preparing non-managerial employees, ensuring a smooth start tailored to the needs of each new restaurant.

Territory Protection

Golden Corral provides franchisees with a designated area known as the "Protected Territory," though this area is not exclusive. The Protected Territory is typically defined by a radius from the front door of the restaurant, which can vary based on demographic factors, business concentrations, competition, growth projections, and economic conditions.

The size of this territory can range from 1/20th of a mile to 5 miles in large metropolitan areas and from 1 to 5 miles in other localities.

Despite the provision of a Protected Territory, franchisees should be aware that Golden Corral retains certain rights within this area, including:

  • Operating, acquiring, establishing, and franchising others to establish and operate Golden Corral restaurants at Non-Traditional Sites.
  • Selling and distributing products under proprietary marks within the Protected Territory through various channels such as the Internet, retail, or wholesale.

Number of units

2025
Franchised units

358

352

348

Company-owned units

4

3

3

Total units

362

355

351

Competitors

Potato Corner

Franchisees

?

27
+
4%
4%
Investment

?

$242,000 - $829,000

Hawaiian Bros Island Grill

Franchisees

?

18
+
n.a.
n.a.
Investment

?

$1,539,000 - $4,819,000

Shah's Halal

Franchisees

?

44
+
159%
159%
Investment

?

$197,000 - $405,000

Yummi Go Gourmet

Franchisees

?

276
+
n.a.
n.a.
Investment

?

$62,000 - $327,000

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