Platinum Corral, a Golden Corral franchisee operating in North Carolina and Virginia, has filed for Chapter 11 bankruptcy protection after closing more than half of its restaurants, management revealed Friday. The company said it sought protection from creditors because of a drop in sales from the pandemic.
Is Golden Corral shutting down for good?
Golden Corral, one of the most beloved all-you-can-eat buffets in the country, has closed down nearly half of its restaurants in the past year, with the number of permanent closures mounting as some of its biggest franchisees declare bankruptcy.
Will Golden Corral ever reopen?
“This has put a toll on finances and we can no longer stay open. This is temporary. Until COVID is gone and restrictions are lifted we do not plan on opening back up.
Why did Old Country buffet close?
“The precipitous decline in sales at the restaurants resulting from occupancy restrictions and the banning of family-style buffet dining forced the companies to take extraordinary steps, including the closing of multiple locations,” Kemp said.
How many Golden Corral locations are there 2021?
There are 393 Golden Corral locations in the United States as of November 14, 2021.
Is Golden Corral open on Easter?
Golden Corral restaurants will be open nationwide on Easter Sunday, April 21, hours vary by location. Guests dining in at Golden Corral on Easter can enjoy a new menu item, slow-smoked sirloin and ham plus more than 150 items on the endless dinner buffet.
Do you have to wear a mask at Golden Corral?
Golden Corral is now requiring its dine-in guests to wear a mask while they stand in the buffet line. Customers are also required to put on a pair of Golden Corral’s disposable gloves as an added safety precaution as they select their food from the buffet line.
Is Golden Corral open on Thanksgiving?
Golden Corral is open on Thanksgiving Day for dine-in and for holiday meals to go.