Golden Corral was founded in 1973 by James Maynard and Bill Carl after they failed multiple times to purchase franchises of other restaurants. The first Golden Corral restaurant was located in Fayetteville, North Carolina.
By 1979, there were over 100 restaurants in the chain.
In 1982, the company acquires Sirloin Stockade, which adds almost 200 more locations.
In 1991, the company launches 7 Metro Market concept restaurants. These markets were double the size of a traditional Golden Corral.
In 1992, the company begins to franchise.
In 1993, the first restaurant outside the US opens in Mexico.
In 1997, the company signs a large franchise agreement with Frisch’s.
Today, there are nearly 500 Golden Corral restaurants in 41 US states and annual sales estimated to be $1.53 billion.