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Golden Corral Corp.

Golden Corral Corp. is a grill-buffet restaurant known for its steaks, pot roast and yeast rolls.

The Raleigh, N.C.-based concept was founded as the Golden Corral Family Steak House by James Maynard and William Carl in Fayetteville, N.C., in 1973.

Golden Corral’s buffet format was especially impacted by restrictions in the COVID-19 pandemic of 2020-2021. The company offered other service options at some locations.

The brand’s two largest franchise groups, 1069 Restaurant Group LLC of Winter Park, Fla., and Platinum Corral LLC of Jacksonville, N.C., filed for Chapter 11 bankruptcy protection and closed units because of the pandemic.

https://www.nrn.com/family-dining/golden-corral-franchise-group-1069-restaurant-group-llc-files-chapter-11-bankruptcy

https://www.nrn.com/family-dining/golden-corral-s-second-largest-franchisee-platinum-corral-files-chapter-11-bankruptcy

Before the pandemic, some locations began offering “Golden Corral to Go” and delivery. With COVID-19 restrictions, Golden Corral expanded services to include curbside pickup.

Each Golden Corral location offers a free private-party room for large groups and special occasions.

Headquarters: Raleigh, N.C.

Segment: Midscale Dining

Restaurant Segment: FSR Midscale

Number of Locations: 452

2020 Sales: $1.48 billion

Annual Growth

Source: Datassential Firefly 500

CEO: Lance Tenary

Parent/Group: Plaza Street Partners

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