Several Red Robin locations will soon be under new ownership as part of a $23.5 million deal.
WASHINGTON — National burger chain Red Robin has announced it is selling 30 of its company-owned restaurants in the Pacific Northwest to convert them into franchises.
The sale to Evergreen Dining LLC is valued at $23.5 million.
Red Robin said in a press release that the proceeds from the sale will be primarily used to pay down debt while focusing on priorities from its “First Choice Plan.”
The companies said the restaurants being purchased are in Washington
Our editorial team includes several staff writers, each contributing their specialized knowledge to enhance the depth and breadth of our event and story coverage.
