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Golden Corral Buffet & Grill

Buffet and Grill family style restaurant featuring display cooking charbroiled USDA steaks, a 160 item buffet/salad bar with a meat carving station, seafood station, Italian foods, oriental foods, the brass bell bakery with fresh breads, muffins, cookies, pies and cakes. The Chocolate Fixation Station with treats such as chocolate truffles and strawberries hand dipped in chocolate. The 120 item weekend-end only breakfast buffet features eggs and omelets cooked to order, eggs Benedict, pancakes, waffles, and fresh cinnamon rolls.

Franchisor Background

Year Established:

1973

Franchising Since:

1986

IFA Member

Operating Units:
Franchised Units:	387	80.3%
Company-Owned Units:	95	19.7%
	______	_____
Total Operating Units:	482	100%

Geographic Distribution:
U.S.:	479	100%	In 39 States
Canada:	0	0%	In 0 Canadian Provinces
International:	0	0%	In 0 Foreign Countries
	______	_____
Total:	479	100%

North America:
States/Provinces with the largest number of operating units:
Density	Units
1. Texas	69
2. North Carolina	53
3. Florida	50

Registered in Following Registration States:

California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, Wisconsin

Financial Requirements

Investment:
Minimum Net Worth:	$2.5MM
Cash Investment:	$500K
Total Investment:	$1,954-6,756K
Average Total Investment:	$4355K

Fees:
Initial Franchise Fee:	$50K
Average Franchise Fee:	$50K
On-Going Royalty:	4%
Average Royalty:	4%
Advertising Fee:	2.4%

Average Number of Employees:

80 Full-time, 40 Part-time

Space Needs (in square footage):

7,780-11,900

Preferred Sites:

Free-standing Building

Other Sites:

Encourage Conversions?

Earnings Claims Provided?

Yes

Listed in the SBA Registry?

Support and Training

International Franchise Association:	Yes
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	200
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	No
Financial Assistance?	No

Marketing Support:
Co-Op Advertising:	Yes
National Advertising:	Yes
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified

On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Not Applicable
800 Telephone Hotline:	Not Applicable

Training:
1. Headquarters and Field	10 Weeks

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):

Financial Net Worth:	N/A
General Business Experience:	N/A
Specific Industry Experience:	N/A
Formal Education:	N/A
Psychological Profile:	N/A
Personal Interview(s):	N/A

Minority Representation

Units Owned by Minorities:
African-American:	8
Asian-American:	16
Hispanic:	25
Native American:	1
Other:	3
Specific Minority:	Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.

Terms of Contract

Term of Initial Contract:	15 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Not Allowed
Area Development Agreements?	Yes, for 0 Year(s)
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes

Expansion Plans

Projected New Units Over Next 12 months:

U.S.:	Yes, All United States
Canada:	No
Overseas:	No

Franchisor Background

Year Established:

Franchising Since:

IFA Member

Operating Units:

Geographic Distribution:

North America: