When is the securities offering fee due to Golden Corral?
Golden_Corral Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Securities Offering | The greater of our reasonable costs and expenses to review the securities offering or $10,000 | 30 days before the start date of the offering | You must obtain our prior approval for all securities offerings |
Source: Item 6 — OTHER FEES (FDD pages 12–19)
What This Means (2025 FDD)
According to Golden Corral's 2025 Franchise Disclosure Document, a franchisee must pay the securities offering fee 30 days before the start date of the offering. The fee is the greater of Golden Corral's reasonable costs and expenses to review the securities offering or $10,000.
This fee is triggered if a franchisee seeks to raise capital by selling securities in their Golden Corral franchise. Golden Corral requires prior approval for all securities offerings, so this fee covers the franchisor's costs to review the offering documents and ensure compliance.
Franchisees should factor this fee and the 30-day advance payment requirement into their financing plans if they anticipate needing to raise capital through a securities offering. It is important to note that the fee could be higher than $10,000 if Golden Corral's review costs exceed that amount.