Multi-Unit Franchisee Magazine Issue II, 2016 | Page 19

MULTI which are a little different.” That formula has been a winning one for Collier, who at one time had the world’s No. 1 Country Kitchen (he no longer has a franchise with this brand) and No. 1 Golden Corral. Collier and his brothers and sister grew up on a farm “so poor that my father had to sell it and go back into the military to make ends meet,” he recalls. “He sold it to a sand company and it became a sand factory.” The family spent two years in Germany while their father served in the U.S. Army but came back to Sevierville soon afterward. “My father’s background was as a country peddler. He’d sell a skillet to a farmer in trade for a gallon of milk and three chickens. So we all grew up being able to trade and barter,” Collier says. “When he began doing real estate in Pigeon Forge, he’d look at us and say, ‘We need a restaurant’ or ‘We need a motel here.’ Since we had our contractor’s license, my brothers and I would build it. In November, we’d go into construction mode and have it open by Memorial Day.” As it continued to grow, the family business had a unique way of sharing the wealth. “We’d buy a piece of property in the area and build that entity and then, whoever had the least number of busi- “My father’s background was as a country peddler. He’d sell a skillet to a farmer in trade for a gallon of milk and three chickens. We all grew up being able to trade and barter.” nesses got that one.” At one point, Collier had two motels, a water slide, two restaurants (his first was the Smoky Mountain Pancake House, built in 1976 and owned by the family), and was in charge of the carpenters in the construction crew. All the businesses the family opened were independent. “When they’d give me restaurants, I’d study all the journals. That was when ‘branding’ was the word—it was all about branding,” he says. “I can recall talking to my siblings and saying, ‘We need to take these restaurants and brand them instead of being independent.’” BRAND The family shared the combined stake in their tourism businesses from 1968 until 1988, when they separated their operations into divisions. His brother and sister oversaw motels and wineries, while another brother was in charge of campgrounds and motels. Collier got what he wanted: the restaurants. “I wanted to be in all the food categories, from fine dining to casual to family to buffets to fast food to donuts,” he says. His first franchise was with Country Kitchen, and Golden Corral came soon after in 1994. “It took me two or three years to get our Golden Corral to No. 1 in the world. We knocked Orlando out as No. 1. Then a couple of years later, Kennesaw, Georgia, knocked us out,” he says. Next he looked for a major casual theme restaurant franchise. That came in the form of Corky’s Ribs & BBQ, which he located next to his Golden Corral. “Corky’s was a little bit different enough so we didn’t cannibalize ourselves,” says Collier. On the heels of his tremendous success with Golden Corral, he built another, then TGI Fridays, The Melting Pot, and Quaker Steak & Lube. There was a method to his madness— one that might not have worked in a different location, he says. “I tried to keep things as diverse as possible, going into brands that wouldn’t compete with the PERSONAL First job: Bus boy at Trotters Restaurant in Pigeon Forge at the age of 12. Exercise/workout: Hiking, walking. Formative influences/events: My father had a military background and so I was influenced by that training, expectancy, and attention to time and task. Best advice you ever got: Focus on what you are good at. Key accomplishments: Owning the No. 1 Country Kitchen and the No. 1 Golden Corral in the world. Biggest current challenge: Opening outside Tennessee. Next big goal: Growing Old Chicago Pizza & Taproom, a new brand for us, which we’ll open in the Myrtle Beach area. This will be our first restaurant outside Tennessee. First turning point in your career: Focusing my business on restaurants— not hotels, campgrounds, water slides, or construction. Best business decision: Signing up with Golden Corral in 1994. What’s your passion in business? Being the best I can be and encouraging others to do that. How do you balance life and work? I don’t—there’s too much work. Guilty pleasure: Wine. Favorite book: Anything by John Maxwell. Favorite movie: “Jesse Stone.” What do most people not know about you? I once owned the world’s largest water slide. It was in Pigeon Forge and was three different tracks for over a mile of sliding. Hardest lesson learned: Not to build the restaurants too big. You have a tendency in a seasonal market when you’re just at max capacity to want to build bigger, but then the other four to six months you’re not at capacity. You have to consider that. Pet peeve: Slackers. Work week: About 60 hours. Person I’d most like to have lunch with: Warren Buffet. What did you want to be when you grew up? Successful. Last vacation: Biking and walking in Hilton Head, S.C. MULTI-UNIT FRANCHISEE IS S U E II, 2016 muf16-2_collier.indd 17 17 4/2/16 2:22 PM