NC Based Golden Corral Now Buying Up Bankrupt Ryan’s and Old Country Buffet Locations

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photo via flickr
photo via flickr

Buffet giant Buffets LLC (parent company of Ryan’s, Old Country Buffet and HomeTown Buffet) just went bankrupt, and North Carolina’s Golden Corral is starting to buy up its old competitor’s locations across the country.

The Golden Corral has already signed deals to move into two locations in the Minneapolis metro area, and they’re currently negotiating on taking over abandoned buffet sites in Temple City, California, and Milford, Connecticut, Tyler, Texas; Florence, Alabama; Decatur, Alabama; and Owensboro, Kentucky.

They said that about 30 to 40% of the 170 Buffet LLC sites across the country might fit Golden Corral’s criteria.

The company now hopes to reopen each of their new locations by the end of 2016 or early 2017, according to Restaurant News.

Raleigh-based Golden Corral is the country’s largest buffet chain with 484 current locations, according to Nation’s Restaurant News Top 100 data, with $1.7 billion in system-wide sales.

They are now hiring at many of their new locations. You can now browse new job openings here.

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