SBA 7(a)/504 FOIA · FY1991–PRESENT · NORTH CAROLINA
Golden Corral (Restaurant) franchise in North Carolina: what the public record shows
Franchisees of Golden Corral (Restaurant) in North Carolina have taken 26 SBA loans since 1991 (average $1,024,192), and of the 16 loans whose story has ended, 18.8% were charged off — versus 12.1% for Golden Corral (Restaurant) nationally and 14.8% across all rateable franchise brands.
Loans in NC
26
Resolved
16
Local charge-off
18.8%
National charge-off
12.1%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NC. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor.
| System | Loans in NC | Local charge-off | Units in NC |
|---|---|---|---|
| Subway | 126 | 1.0% | 597 |
| JERSEY MIKE'S | 37 | 12.5% | 222 |
| DAIRY QUEEN | 31 | 4.0% | — |
| Firehouse Subs | 30 | 4.3% | 64 |
| HOTWORX | 27 | thin | 29 |
| Matco Tools | 22 | 28.6% | — |
| MASSAGE ENVY | 19 | 18.8% | 42 |
| RODEWAY INN | 19 | 0.0% | 17 |
| Sport Clips | 16 | 0.0% | 59 |
| Fastsigns | 15 | thin | — |
| EDIBLE ARRANGEMENTS | 14 | thin | 16 |
| Home Instead | 14 | 10.0% | 26 |
Same sector, same state, same public records — how Golden Corral (Restaurant) compares to the systems a buyer in North Carolina would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing Golden Corral (Restaurant)'s numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →