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Traditional buffet brand ranked as the only casual dining concept in its category
January 26, 2023 // Franchising.com // Raleigh, NC – Golden Corral, the nation’s largest all-you-can-eat buffet chain, today named Entrepreneur Magazine’s Franchise 500® list the best and most comprehensive announced that World franchise ranking.
Ranking among the top three franchises in the buffet category, the recognition represents a renewed focus on accelerating the brand’s growth and is also reflected in new initiatives such as the limited-time Franchise Development Incentive Program. You can
“We pride ourselves on providing the best value not only for our guests, but also for our franchise owners. This ranking only further validates the benefits Golden Corral can offer to our portfolio of new and existing franchisees. CEO of Golden Corral Corporation: “For 2022, we have focused on innovations such as new mobile ordering and loyalty program platforms, as well as expanding off-site dining options for our guests. Stronger and more vibrant than ever, we are inviting other restaurant industry entrepreneurs as we celebrate our 50th anniversary in 2023.
In an ongoing effort for entrepreneurs to best understand and value the ever-changing franchise market, this publication’s 44-year-old ranking system continues to evolve as well. Our editorial team researches and evaluates several factors used in our ratings, including cost and fees, size and growth, support, brand strength, financial strength and stability. Each Franchise is given a cumulative score based on the analysis of over 150 data points, and the 500 franchises with the highest cumulative score are the Franchise 500® in ranking order.
“The past year has highlighted the extraordinary opportunities the franchise industry offers entrepreneurs at all levels,” said Jason Feifer, Editor-in-Chief of Entrepreneur. “The brands selected for the 44th Annual Franchise 500 List are some of the most innovative, creative and trusted brands in many industries, and what they do to build the momentum that drives their long-term success. emphasizes the need for
Experienced entrepreneurs interested in becoming part of the Golden Corral system must have at least $2.5 million in assets and $500,000 in liquidity. The ideal franchisee should also have operating or owning experience in the full-service restaurant industry.
For 44 years, the Franchise 500® has been the dominant competitive index for franchisors and the primary research tool for potential franchisees. Golden Coral’s position in the ranking is a testament to its strength as a franchise opportunity.
To view Golden Corrals across the leaderboards, visit www.entrepreneur.com/franchise500. The results are also published in his January/February 2023 issue of Entrepreneur and will be available on newsstands on January 17th.
For more information on Golden Corral, please visit www.goldencorral.com.
For more information on the Golden Corral franchise, please visit www.goldencorral.com/franchise.
SOURCE Golden Corral
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Media contact:
Emily Kashen
All point PR
Cell: 847-971-2350
ecashen@allpointspr.com
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