{"id":1833804,"date":"2026-11-04T15:01:31","date_gmt":"2026-11-04T14:01:31","guid":{"rendered":"https:\/\/lexpress-franchise.com\/en-us\/news\/red-robin-refranchises-108-units-89-million\/"},"modified":"2026-11-04T14:28:58","modified_gmt":"2026-11-04T13:28:58","slug":"red-robin-refranchises-108-units-89-million","status":"publish","type":"post","link":"https:\/\/lexpress-franchise.com\/en-us\/news\/red-robin-refranchises-108-units-89-million\/","title":{"rendered":"Red Robin Sells 108 Restaurants for $89.4 Million as Q3 Revenue Climbs 3.9%"},"content":{"rendered":"\n

Red Robin Gourmet Burgers has announced a major portfolio restructuring: 108<\/strong> company-owned restaurants sold to three<\/strong> franchise operators for a combined $89.4 million<\/strong>, alongside preliminary Q3 results showing comparable restaurant revenue up +3.9%<\/strong>. The transactions, disclosed November 3, 2026, also include a $115 million<\/strong> debt refinancing and an earnings call rescheduled to November 18.<\/strong><\/p>\n\n\n\n

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Founded in 1969 and headquartered in Greenwood Village, Colorado, franchise brand<\/a> Red Robin Gourmet Burgers<\/strong> operates approximately 500 locations across the United States and Canada, primarily under a full-service casual dining format centered on gourmet burgers. Over the past several years, the company has pursued an asset-light strategy, progressively reducing its directly owned restaurant count in favor of a larger franchised footprint.<\/p>\n\n\n

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Red Robin Gourmet Burgers<\/p>\n <\/a>\n

Red Robin. YUM!<\/p>\n <\/div>\n