Golden Corral Corp.’s largest franchise group, 1069 Restaurant Group LLC, has filed for Chapter 11 bankruptcy protection, citing the impact of COVID-19 pandemic closures. The petition also said the company hopes to open another 18 restaurants by the end of 2020 .
Golden Corral said it has closed all 35 company-operated restaurants and furloughed 2,290 employees because of the COVID-19 pandemic. The franchisor said that “some” of the buffet chain’s 454 franchised stores remain in operation, offering takeout and delivery.
Golden Corral breakfast price is: $8.69 . The price for Golden Corral lunch buffet is: $9.95 per adult. Dinner begins at 4 pm any day of the week. You will be charged the amount of $11.99 as well as $2.19 for the beverages.
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No-buffet rules aren’t 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.
The largest operator of franchised Golden Corral buffet restaurants, 33-unit 1069 Restaurant Group, has filed for Chapter 11 bankruptcy protection. Court documents show the company has amassed a debt of $49.7 million, which 1069 attributed to restaurant closures and depressed sales during the COVID-19 pandemic.
Buffet chain Golden Corral announced the closure of its 35 corporate stores due to the impact of the coronavirus and that it has furloughed 2,290 employees. “It is truly an emotional and challenging time for our country,” Golden Corral CEO Lance Trenary said during the meeting.
Restaurant Business called out Red Lobster as “one name to watch” in a line of restaurants that may be going bankrupt next. The chain had its credit rating downgraded earlier this year, placing it in the “poor quality and high credit risk” category.
The Golden Corral Buffet and Grill in Great Falls reopened after a fire destroyed it in 2008. But it couldn’t survive COVID-19 in 2020. “It just isn’t sustainable,” owner Deb Hudson told the Tribune this week.
Golden Corral offers a free meal during your birthday month when you sign up for their Birthday Club.
Yes, all three are available. Takeout: All menu and buffet items can be packaged for takeout. To Go: Golden Corral © offers Meals To Go, entrees, side, desserts and beverages. Items available can be viewed and ordered on our Order Online page.
Senior Discounts at 60 Golden Corral : The senior buffet will save you about 50 cents off regular menu prices, but the real savings come from the early bird special, where guests 60 and up can enjoy the buffet between 11 a.m. and 4 p.m., Monday to Saturday, for only $7.59 — drinks included.
Investors Management Corp
Lance Trenary (Jan 1, 2015–)
Golden Corral Prices
|Monday thru Thursday (4 P.M. – Close)||$13.99 /person|
|Friday & Saturday after 4 P.M.||$14.99/person|
|Sunday after 11 A.M.||$14.99/person|
|Weeknight Dinner Buffet for Seniors|