This Day in History: The first Golden Corral Family Steak House opened on this day (January 3) in 1973, in Fayetteville, North Carolina. Golden Corral is an American restaurant chain which offers an all-you-can-eat buffet and grill. It is a privately held company headquartered in the U.S. city of Raleigh, North Carolina, with locations in 43 U.S. states and Puerto Rico.
The company has expanded to nearly 500 locations across the United States; about 100 of them are company-owned. The others are franchised stores. As of 2007, gross sales were over $1.53 billion.
During the COVID-19 pandemic in early 2020, the chain had to temporarily close down most of its locations just like other restaurants in response to the directives for the prevention of COVID-19 that spread across the globe. In order for the chain to sustain its business and to ensure the safety of its guests, some of the chain's locations were reopened offering cafeteria-style dining and family-style service. Others were permanently closed.
In October 2020, one of its largest franchise operators filed for Chapter 11 bankruptcy protection and had plans to cancel at least six out of 33 leases.
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