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Golden Corral is one of America's most popular family restaurant chains that operate a network of 500+ restaurants across different states of the USA. The headquarters of Golden Corral is located in Raleigh, North California. Out of 500 restaurants, some are company-operated, while others are managed via a franchise system. 

Golden Corral started with a single steak house but gradually has carved out a place for itself and is well-known in their niche. By coping with the ever-changing demands of its clients, there have been many changes over time in Golden Corral compared to when it was started.

Golden Corral serves an array of wholesome foods such as chicken and beef steaks, pork dishes, and a premium buffet that offers many gourmet food items, both hot and cold. Golden Corral generates $402.88 million annually.

History of Golden Corral:

The Golden Corral came into existence in 1972 when William F. Carl and James Maynard failed to acquire a franchise of any other company even after trying diligently. The very first steakhouse was established in Fayetteville, North Carolina.  

By 1977 the company had expanded to 500+ restaurants and decided to start franchising because sales were going down due to health concerns around red meat, market trend changes, and other reasons.

In 1991 the Golden Corral upgraded the size of their outlets under the Metro Market concept. The Brass Bakeries were introduced in Golden Corral outlets, which rang a bell after a few minutes, indicating that fresh bakery products came out of the oven.

In 2020 the company had to close many of their locations due to COVID-19. In October 2020, Golden Corral filed for Chapter 11 bankruptcy.

Business Direction of Golden Corral:   

Initially, the Golden Corral was a simple steak house, and its focus was on meat and potatoes, but with time to meet people's cravings and compete with other companies, the Golden Corral has gone through continuous evolution of its menu. The family restaurants of Golden Corral provide salad bars and different entrees of chicken, meat, and pork.

There are multiple choices for juicy and steamy steaks for people with different preferences. For those with huge appetites, there is an expensive but delicious buffet that includes numerous food choices. The restaurants also have a bakery and dessert café.

Investors Management Corp owns the Golden Corral restaurant chain.

Key Facts:

  • The Golden Corral has been serving the people for almost 50 years.
  • The Golden Corral has meals for breakfast, lunch, and dinner.
  • Golden Corral loves veterans, provides free meals to active duty army officers and has donated a hefty sum of 12.9 million dollars to disabled army veterans.
  • The general operating hours of Golden Corral from Monday to Sunday are 7:30 am to 10 pm.

Conclusion:

The Golden Corral is a family restaurant chain affordable for everyone and provides them precious memories of spending time together. Golden Corral cares for the people and supports various charities.

FAQ:

Who is the parent company of Golden Corral?

The holding company of Golden Corral is Investors Management Corporation.

What is the name of Golden Corral's CEO?

Lance Trenary has been the CEO of Golden Corral Corporation since 2015.

Typical Hours of Operation

Mo 10:30 - 20:30
Tu 11:00 - 19:00
We 11:00 - 19:00
Th 11:00 - 19:00
Fr 11:00 - 19:00
Sa 11:00 - 19:00
Su 11:00 - 19:00

Locations: 449 locations in 44 states and 387 cities.

Categories

  • Restaurants
  • Buffet
  • American
  • Family Style

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