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Asolica > Blog > Finance > 53-year-old eating chain franchisees shut shops, no chapter
Finance

53-year-old eating chain franchisees shut shops, no chapter

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Last updated: April 25, 2026 12:59 am
Admin
1 month ago
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53-year-old eating chain franchisees shut shops, no chapter
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A slowdown in gross sales final yr by chain eating places has contributed to financial points for sure eating corporations and franchisees, resulting in unit closings in some instances.

Contents
  • Very weak yr for restaurant chain gross sales
  • Golden Corral franchisee closes location
  • Restaurant couldn’t maintain operations
  • Ohio location additionally closes
  • Buffet chain has about 340 places

Except for the Covid-19 pandemic, chain restaurant gross sales slowed to their lowest development fee for the Prime 500 chains because the Nice Recession of 2008, dropping to three% development in comparison with 3.5% in 2024, in response to a latest Technomic examine as reported by Restaurant Enterprise.

The challenges the trade confronted included weak shopper confidence, a rising use of weight-loss medicine, unhealthy climate, and an immigration crackdown, in response to the Technomic report.

Very weak yr for restaurant chain gross sales

“It was a very, very weak year for the Top 500 overall from a sales perspective,” Joe Pawlak, managing principal at Technomic mentioned, in response to Restaurant Enterprise.

Decrease gross sales have led to closings at Golden Corral Buffet & Grill, which was ranked No. 46 within the Technomic Prime 250 Chains report in 2025.

Franchisees of the favored family-style buffet restaurant chain closed places this yr, with at the very least one proprietor claiming it might not maintain enterprise operations.

53-year-old eating chain franchisees shut shops, no chapter
Golden Corral Buffet & Grill franchisees have closed restaurant places.

Shutterstock

Golden Corral franchisee closes location

The Golden Corral location at 350 Homer M. Adams Parkway in Alton, In poor health., completely closed seven days sooner than anticipated on April 23, 2026, due to staffing issues, after years of intermittent closures and reopenings, the Alton Telegraph reported.

The franchisee had introduced in early April that it will completely shut operations on April 30, however abruptly closed every week early.

“We are truly sorry, but we are no longer able to keep this store staffed enough to properly serve our valued guests. We are closed permanently,” a word on the entrance door learn.

A earlier discover posted by the restaurant mentioned it was closing, because it might not maintain operations, in response to The Telegraph.

Restaurant couldn’t maintain operations

“This decision was not made lightly,” the word mentioned. “We explored every possible option to keep this location up and running, but despite our best efforts, the location is no longer able to operate sustainably.”

A Golden Corral supervisor reportedly had mentioned that native staff can be transferred to different Golden Corral places after April 30.

The closest Golden Corral location to the Alton restaurant is at 3360 Inexperienced Mountain Crossing Drive in Shilo, In poor health., The Telegraph reported.

Ohio location additionally closes

A Golden Corral franchisee in Canton, Ohio, additionally closed a location at 4910 Dressler Highway NW on Feb. 1, 2026, for undisclosed causes, the Canton Repository reported.

“It’s sad. We had a really good run here,” supervisor and franchise proprietor Nikki Zehner instructed The Repository.

The Canton Golden Corral opened in 2002, and Zehner reportedly has been an worker or proprietor of the institution for about 15 years. The enterprise employs about 50 staff, and a few plan to take positions at a Golden Corral in Akron, Ohio, Zehner mentioned.

Zehner, who wouldn’t reveal why the restaurant was closing, mentioned she would possibly promote gear and different restaurant property, however she doesn’t personal the constructing.

Buffet chain has about 340 places

Golden Corral opened its first restaurant in Fayetteville, N.C., in 1973, and we have now decided that the chain at the moment has about 340 places within the U.S. and Puerto Rico, based mostly on a evaluation of its retailer locator on April 24.

The restaurant chain’s locator additionally lists 41 completely closed and 5 quickly closed places.

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