Golden Corral
Baskersfield, CA
Golden Corral is an American family-style restaurant chain serving breakfast, lunch, and dinner, featuring a large all-you-can-eat buffet and grill offering numerous hot and cold dishes, a carving station, and their Brass Bell Bakery. It is a privately held company headquartered in Raleigh, North Carolina, United States, with locations in forty-one states.
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Typical Lease Characteristics
Positives:
- Typically Long term leases with increases
- Strong brand recognition
Negatives:
- Consumers are showing a growing interest in healthy fast food.
- Competitive Industry Sector
- Susceptible to economic trends and pressures
Market Snapshots:
On Market Ranges:
# of Properties in set: 7
Price: $2,585,830 - $3,478,560Average: $3,078,374
PPSF: $280 - $310Average: $294
Year Built: 1996 - 2008Average: 2003
CAP Rate Range: 6.63% - 8.12%Average: 7.13%
Size range: 9,620 sq ft - 11,206 sq ft Average: 10,466 sq ft
Last 12 Month Range:
# of Properties in set: 13
Price: $2,716,010 - $3,124,870Average: $2,920,439
PPSF: $222 - $300Average: $261
Year Built: 1993 - 2015Average: 2003
CAP Rate Range: 6.61% - 8.35%Average: 7.59%
Size range: 7,800 sq ft - 12,572 sq ft Average: 10,372 sq ft
Golden Corral Company Profile
Headquarters Information
Raleigh, North Carolina
Founded in 1973
Company type: Private
Sector: Services
Industry: Restaurant
# of Employees: 200