Golden Corral’s Largest Franchisee Also Filed For Bankruptcy Amid Covid
Platinum Corral isn’t the only Golden Corral franchisee to suffer serious losses amid the pandemic. In October, Restaurant Business reported that Golden Corral’s largest franchisee, 1069 Restaurant Group, had filed for Chapter 11 bankruptcy protection, and only six of its 33 Golden Corral restaurants remained open. The company cited liabilities totaling $49.7 millionthe bulk of which the group attributed to flagging sales and mandated restaurant closures amid the pandemicas the impetus behind its bankruptcy filing.
And for another eatery that could be closing up shop, check out This Iconic Mexican Restaurant Just Filed for Bankruptcy.
Shots Fired Near Wacos Golden Corral
WACO, Texas Shots were fired and shell casings were discovered near a Waco restaurant early Friday morning.
Waco Police officers responded to a call of shots fired call near Golden Corral, located at 618 N Valley Mills Drive. When they arrived, the scene had cleared.
Officers were able to recover multiple shell casings. It is believed a bullet might have also gone into the window of a CVS Pharmacy across the street. No injuries have been reported. This investigation is ongoing.
This is not the first time Waco Police have been called to this area. There have been shootings reported at the Mister Magoos Bar next door. For more information, you can view our previous stories here and here.
Frequently Asked Questions And Answers
What are people saying about buffets in Manhattan, NY?
This is a review for buffets in Manhattan, NY:
“I celebrated my birthday here with some friends and had a wonderful experience. We made reservations but my party was more than 30 minutes late and they still seated us. We didn’t feel rushed by the time limit at all . The food was amazing. It doesn’t feel like an AYCE place because the quality is so good. The service here is also great — friendly servers and host.FYI The free birthday meal only applies the day before, day of or day after your birthday and you must have 3 other people with you.”
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Golden Corral Manhattan Ny
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Proof of vaccination required
I had walked past this restaurant and it looked so beautiful that I decided to make reservations without looking at the menu. When I was finally seated and saw the menu, I figured more
Proof of vaccination required
This place is great to visit if you are hungry and haven’t eaten all day. The price of the buffet is ~$19 plus what ever drink you purchases and tax. For 4
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Waitlist opens at 2:00 pm
I celebrated my birthday here with some friends and had a wonderful experience. We made reservations but my party was more than 30 minutes late and they still
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I had never had Guinean food before so I was eager to try. I put a little bit of everything in my to go plate because it all just smelled so delicious. I asked
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Solid buffet. The main selling point is the sushi bar. There’s a ton of variety and they taste fresh! Over the summer the sashimi was not included in the ayce
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Proof of vaccination required
5 stars for what you got at the price point of 31 dollars per person for weekend lunch: boiled crabs, Peiking duck, sushi, dim sum and a great
Golden Corral Looks At Smaller Units Possible Value Steakhouse
Ron Ruggless | Dec 21, 2021
The buffet restaurant segment was especially hard hit by the COVID pandemic, but Golden Corral Corp. is looking to keep its business pivots in place and considering new brand extensions such as a smaller fast-casual version and a possible steakhouse that would fit into the Vaccine Era.
The Raleigh, N.C.-based buffet brand currently has about 360 buffet units open. About 40 remain closed with remodeling and reopening plans, said Lance Trenary, president and CEO of Golden Corral.
As all the dust settle, we’ve probably have lost 80 restaurants at a minimum, said Trenary. Some of them were at the end of their lease and just chose not to renew. We didn’t lose many franchisees, we just lost individual restaurants and we had some reorganization.
COVID just devastated our business, as it did the entire industry, said Trenary, who in 2022 will take over as chair of the National Restaurant Association.
The nearly 49-year-old Golden Corral buffet brand, founded in 1973 in Fayetteville, N.C., has made several pivots during the pandemic, with one of the main ones an increase in off-premises sales, increasing that from just 2% to nearly 10% of sales, Trenary said.
He likened it to being 50-year-old company that had to act as a start-up. The company has added adult beverage service in some locations, has tested a drive-thru and put new emphasis on retails sales, such as for its popular yeast rolls and cakes.
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Golden Corral Locations Near You
- Golden Corral locations in the USA , shopping and business information and locator Golden Corral near me. Check the list below with Golden Corral store locations in America. To easily find Golden Corral just use sorting by states and look at the map to display all stores. You will learn following business information about Golden Corral: location at the mall, other nearby locations by states, opening hours, map and gps coordinates, directions, phones and contacts.
- You can also follow customer reviews for Golden Corral and ratings for each store.
- Number of Golden Corral locations in the USA: 36
- The biggest shopping mall with Golden Corral: Governor’s Square Plaza
- Do you like Golden Corral brand in America? Share your opinions and experiences with others!
- How do you rate Golden Corral? Tell others!
- 4.5/5 , 2 votes
Golden Corral Nutrition Facts
Golden Corral cooks its dishes with utmost care. As the Golden Corral Nutrition menu is categorized into various sections like senior buffets and kids buffet sections, one can remain assured that the dishes cooked are nutritious and healthy.
Golden Corral Gluten Free Menu
Most of the dishes included in the buffet are gluten-free and consist of all the nutrients and proteins that are required by a person to remain fit and healthy.
Golden Corral Allergen Menu
All the Golden Corral Buffet Menu is frequently changed, so sometimes it may be possible that use common ingredients which are allergens like peanuts, tree nuts, seafood, wheat/gluten, dairy, and soy. You can ask the managers if you have any questions about the ingredients used. Here is the detailed Golden Corral Allergen Menu, refer it for sure.
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Platinum Corral’s Ceo Remains Optimistic About Avoiding Further Closures
Platinum Corral, which has operated its Golden Corral franchises continuously since 1996 with the exception of mandated COVID closures, may have suffered major losses to its portfolio amid the pandemic, but Sewell says he’s confident that the group’s bankruptcy filing can help avoid closing additional eateries.
“We strongly believe the restructuring will afford us the opportunity to successfully operate 12 Golden Corral Buffet Restaurants in North Carolina and Virginia for the long term,” Sewell said in a statement. And for more companies shuttering amid the pandemic, These 3 Beloved Clothing Brands Just Filed for Bankruptcy.
Golden Corral Franchisee Platinum Corral Has Closed Over Half Of Its Restaurants
Platinum Corral, Golden Corral’s second-largest franchisee, has recently shuttered 16 of its 28 restaurants, Restaurant Business reports. Platinum Corral, which operates restaurants in North Carolina and Virginia, filed for Chapter 11 bankruptcy protection, listing $49.4 million in liabilities in its bankruptcy filing.
“We sincerely appreciate the hard work, dedication and hospitality shown by our employees and are grateful for each community’s support and patronage for so many years,” Platinum Corral CEO Bill Sewell said in a statement. And for the latest store closure news delivered straight to your inbox, .
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Is Golden Corral Closing Locations
Like many buffet-style restaurants, the 1069 Restaurant Group ended up closing all of their Golden Corral locations in March, and only 6 have been reopened since. However, according to Restaurant Business, the company is moving ahead with plans to reopen 18 more locations by the end of the year, despite the bankruptcy.
Golden Corral Has Already Shuttered More Than 200 Restaurants
Even prior to its recent franchisee bankruptcy filings, Golden Corral has already seen its portfolio of restaurants shrink significantly amid the pandemic. In a March 2021 interview with Restaurant Business, Golden Corral CEO Lance Trenary revealed that the chain had shrunk from 490 buffet-style restaurants to 290 buffets and 40 cafeteria-style restaurants amid the pandemic, in addition to furloughing 2,290 of its employees.
“The realities of the current situation have forced us to make difficult decisions,” said Trenary in a statement . “We know these decisions are impacting the team members who we work shoulder to shoulder with every day.” And if you want to protect yourself to eat out safely, check out The CDC Says If You See This at a Restaurant, Don’t Go Inside.
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Golden Corral In Eugene Or
Looking for Golden Corral Promo Codes or the Eugene, OR Golden Corral Contact Info? Our website has the info you need. We have info about Golden Corral store hours, addresses, and even coupons.
Golden Corral Coupons and Discount
Amazon offers the Intex Inflatable Pull-Out Sofa, model no. 68566E, for $49.99 with free shipping. That’s the lowest total price we could find by $3, although we saw it for $6 less in June. This inflatable sofa pulls out into a queen size bed.
Golden Corral Franchisee Files For Chapter 11 Bankruptcy Protection
Platinum Corral, a Golden Corral franchisee operating in North Carolina and Virginia, has filed for Chapter 11 bankruptcy protection after closing more than half of its restaurants, management revealed Friday.
The company said it sought protection from creditors because of a drop in sales from the pandemic. The filing shows that Platinum has just under $49.4 million in liabilities. It is believed to be the second-largest franchisee within the Golden Corral system.
Sixteen of the buffet restaurants have been permanently shuttered, according to a statement from the company, while two that were temporarily closed are expected to be reopened. Platinum said it tried to operate a number of its restaurants as cafeterias, with limited indoor seating capacities, but the recasts proved to be financially unsustainable.
The company is the second big Golden Corral franchisee to file for bankruptcy protection since the pandemic began. The systems largest franchise operator, 33-unit 1069 Restaurant Group, filed for Chapter 11 relief from creditors in October. It, too, cited a downturn from the pandemic as its reason.
The buffet market has been particularly hard hit by the pandemic because of its signature serving style. Early in the COVID crisis, many states suspended the operation of serve-yourself restaurants because of fears that model would foster the spread of coronavirus from one buffet user to the next.
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Golden Corral Reopens 4 New York Restaurants Near Hudson Valley
Four Golden Corral locations in New York have reopened, most not too far from the Hudson Valley.
Sadly for excited customers, the new restaurant dealt with a number of issues. The eatery dealt with management issues, workers alleged unpaid wages, customers complained the food wasn’t good, or popular items weren’t available, and there was a reported overdose in the bathroom.
Then in the fall of 2018, the Poughkeepsie Golden Corral reopened under new ownership.
The COVID pandemic hit in March 2020, which closed down all restaurants in New York State. When restaurants were allowed to reopen in New York, the Poughkeepsie Golden Corral did not, despite the Middletown Golden Corral reopening.
In January, Hudson Valley Post reported a large sign was erected outside the Poughkeepsie location that stated the property was for sale.
As of July 30, Golden Corral still lists the Poughkeepsie location as “temporarily suspended” on their website.
The good news for fans of Golden Corral in the Hudson Valley. The Middletown location is still open and four more locations not far from the region are reopening.
Niral Patel who was forced to close seven of his Golden Corral locations in March 2020 is going to reopen four, according to the Albany Business Review.
Will Buffets Ever Open Again
Not all buffet -style restaurants will reopen again , but those that do should be ready to adapt and change their business model. These business models allow for buffets to open their doors, bring in revenue and adhere to governmental regulations.
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Golden Corral Menu Prices
If you are a fan of buffets and are looking for a place that serves American dishes in its buffet, then Golden Corral should be the place that you should visit next. It has breakfast, lunch, and dinner buffets for all age groups. So, here we are providing you with a crisp and clear guide about the different menus that Golden Corral provides, along with the prices and timings of buffets.
Golden Corral Contact Details
Golden Corral Corporation,
Raleigh, North Carolina- 27612
Golden Corral hours
The Golden Corral restaurants have a slight difference in their working hours, as the location of the restaurants is different. The common working time of the restaurants is from 10:30 AM to 10:00 PM from Monday to Thursday and from 7:30 AM to 11:00 PM from Friday to Sunday.
Golden Corral Near Me
Not aware of Nearest Golden Corral Buffet Restaraunt, no worries, here is the Golden Corral Locator Page. All you have to do is enter your current Zip code, State and city code. Make a visit to enjoy Golden Corral Menu Today Specials.
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Welcome Back Golden Corral
Had to go to Sioux City, and was Thrilled To See Golden Corral There Was Open Again so of course, We went for Lunch. The place looked Great, and the Food was Delicious all the Way from the Soup, Salad, choices of Entrees, and the Desserts ! I must Compliment the lady Working the Salad Bar! Shes one of the most pleasant, hardest Working People Ive ever seen! I was there for Over two hours, and She Never Stop Working The Whole Time! Awesome EmployeeI was in the Restaurant/ Lounge business over 30 years, and she Is great! Dont know her name, but Golden Corral, you are Fortunate to have her! Im So happy Golden Corral is Back! Will Stop Again Every time I Come down to Sioux City!Shirley Hamilton
Is Golden Corral Back To Normal
Golden Corral is now back to their normal buffet but are taking necessary precautions Hours: 10:45 a.m. to 9:30 p.m. Golden Corrals legendary endless buffet features an abundant variety of delicious all-time favorites and new menu offerings for breakfast, brunch, lunch and dinner.
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Will Golden Corral Ever Open Back Up
No-buffet rules arent keeping Golden Corral from reopening its restaurants. The big buffet chain has been gradually reopening locations across the country with a different service model, typically a cafeteria-style strategy in which employees serve customers items that would have otherwise been in a buffet.
Adding Up To 150 Jobs To Local Community
THE RESTAURANT OPENED WITH OUTDOOR DINING AND CARRYOUT ON MONDAY SEPTEMBER 7 AT 11AM
Bronx, N.Y. Golden Corral is excited to announce that on Monday, Sept. 7, it opened the doors to its newest restaurant in Bronx, N.Y., at 2375 E. Tremont Ave. The Bronx Golden Corral is the brands first location in New York City. This new location will result in as many as 150 additional jobs for the local community once indoor dining restrictions are lifted.
We are excited to be a part of the Bronx community and honored to open the first Golden Corral in New York City, said Franchisee and General Manager Niroopa Harpaul. We want our restaurant to feel like home to our guests, and were excited for the opportunity to serve local residents a sampling of our family favorites and a wide variety of top quality, home-style foods.
The restaurant is open for lunch and dinner Monday Thursday, from 11 a.m. 9 p.m., and Friday Sunday from 11 a.m. 10 p.m. Carryout is available during business hours for guests who choose to enjoy their Golden Corral favorites at home. For more information, visit goldencorral.com.
About Golden Corral:
Golden Corral, based in Raleigh, N.C., is the nations largest grill-buffet restaurant chain. Golden Corral is famous for its variety, including USDA steaks cooked to order, smoked meats, awesome pot roast, hot yeast rolls and desserts, like homemade carrot cake, fruit cobblers, pies and more.
Prices and Availability Subject to Change.
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Golden Corral Buffet Restaurant
The Golden Corral was started by James Maynard and William F. Carl, in the year 1973. The first restaurant opened in Fayetteville in North Carolina, and with time and determination, the restaurant grew, and by 1983, it had over 500 restaurants, which proved to be beneficial. Currently, Golden Corral has its branches in England, Germany, and many more countries.
As said before, Golden Corral specializes in buffets, and it aims to make meals in bulk so that customers can have sufficient food, and even the cost is reduced. While many restaurants have only lunch or dinner buffet, Golden Corral consists of breakfast, lunch, and dinner buffet.
Here, you can get a buffet at any time, and that too they are categorized according to the age group. There are buffets, especially for senior citizens, children, and adults. Below, you would get all the menus with Golden Corral Prices Per Person.