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Red Robin to sell 86 restaurants to franchisees

Gourmet burger chain seeks to pay down debt by shedding company-owned locations
Red Robin Gourmet Burgers has announced sales of 116 restaurants as part of refranchising agreements. (CoStar)
Red Robin Gourmet Burgers has announced sales of 116 restaurants as part of refranchising agreements. (CoStar)
CoStar News
June 16, 2026 | 8:57 P.M.

Red Robin Gourmet Burgers is selling 86 of its company-owned restaurants for $72.5 million as part of two separate refranchising agreements with new operators.

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