What fiscal year does Table 1 in the Golden Corral FDD represent?
Golden_Corral Franchise · 2025 FDDAnswer from 2025 FDD Document
Table 1 below provides the average gross sales, selected expenses, and average operating income for fiscal year 2024 (the period January 3, 2024 through January 1, 2025), by building design, for 232 franchised Restaurants utilizing the GC-11S or GC-11M building design. Table 1 excludes 2 GC-11M franchised Restaurants that had been in operation for less than 6 months as of January 1, 2025.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 64–74)
What This Means (2025 FDD)
According to Golden Corral's 2025 Franchise Disclosure Document, Table 1 presents financial data for the fiscal year 2024. Specifically, the table includes average gross sales, selected expenses, and average operating income for franchised Golden Corral Restaurants that utilize the GC-11S or GC-11M building designs.
The fiscal year 2024 is defined as the period from January 3, 2024, through January 1, 2025. The data in Table 1 is based on the performance of 232 franchised restaurants. However, the table excludes two GC-11M franchised restaurants that had been in operation for less than six months as of January 1, 2025.
Prospective franchisees should note that the financial performance representations in Table 1 are based on historical data. Golden Corral indicates that individual results may vary, and there is no guarantee that a franchisee will achieve the same sales or income levels. The FDD recommends that prospective franchisees conduct their own independent investigation and consult with financial and legal advisors before signing any agreements.