ANOTHER SUCCESSFUL YEAR FOR GOLDEN CORRAL
Golden Corral had another successful year in franchise sales in 2014, and growth is expected to continue into this year. The nation’s largest grill-buffet chain opened 14 new restaurants in 10 different states last year, which was more new store openings than all of their direct competitors combined.
Golden Corral now has 500 restaurants operating in 41 states. In 2015, the franchise will add 20 new locations, including restaurants that have already opened this year in Richmond, KY.,
Christiansburg, VA. and Bellflower, CA. Officials with Golden Corral believe company stability makes the brand particularly attractive to potential franchisees. In January, Lance Trenary
was named as the third CEO in the company’s 43 years. Trenary moved up the ranks at Golden Corral over the past 29 years, most recently serving as the company’s Chief Operating Officer.
Additionally, the average tenure of senior management is 18 years. This level of experience and stability in company leadership has led to the company’s franchise success.
“Golden Corral’s continued growth is a result of the stability of the company and the commitment to bringing innovation to our restaurants,” says Bob McDevitt, Golden Corral’s Senior Vice President of Franchise Development. “We’re testing a Mongolian grill where fresh meats and vegetables are cooked to order, and this spring we featured our new Lenten seafood promotion with fish tacos, salmon and larger shrimp. Our customers love the new additions while savoring the traditional favorites at an affordable price.”