• Investment Required
• Investment Level: $ 125 K
• Training and Support: Yes

The total investment required to open a Golden Corral buffet business franchise is between $1,700,000 dollars and $4,000,000 dollars, with an initial franchising fee of $40,000. The Royalty fee that Golden Corral franchisees are required to pay is 4% based on gross sales on a monthly basis. The term of agreement for an individual franchise is fifteen years, with an option to renew every five years for an additional $13,300 franchising fee.

The Golden Corral Company first opened its doors in 1973, but did not begin offering franchise opportunities until 1987. In 200 there were 316 franchise locations, 134 corporate owned locations and 2 international locations. In 2004 the numbers had changed significantly, as there were 350 franchise locations in the United States, no international locations, and only 119 corporate owned locations, a step down from the 134 locations only four years earlier.

The Golden Corral Company has a number of expansion plans in the works, offering numerous business franchise opportunities as a result. The Golden Corral restaurant is only currently planning to expand within the United States, and is offering franchise business opportunities in Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island South Carolina, South Dakota Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin and Wyoming. The Golden Corral Company is not currently looking to expand into any international markets, although the idea is still worth considering in the near future.

The Golden Corral buffet company does not offer in-house financing of any kind, but third party financing is available and the Golden Corral may be willing to work with you on finding the right financial help if you qualify otherwise. The Golden Corral Company offers a number of avenues for support and training services for franchisees pursuing Golden Corral franchise opportunities, including meetings, toll free phone lines, security and safety procedures, field operations and evaluations, purchasing cooperatives, newsletters and more.

Business Franchise World is not actively submitting franchise applications to this company at this time. Please browse our other top franchises, which are currently accepting new franchising opportunity applications.