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Red Robin Gourmet Burgers, Inc. Announces Refranchising Agreement To Support “First Choice Plan”
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Red Robin Gourmet Burgers Signs Refranchising Deal for 30 Northwest Locations
The cash proceeds from the asset sale will help Red Robin Gourmet Burgers pay down debt and fund its First Choice Plan. The post Red Robin Gourmet Burgers Signs Refranchising Deal for 30 Northwest Locations first appeared on Restaurant Magazine.
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restaurantnewsrelease.comRed Robin Gourmet Burgers, Inc. Announces Refranchising Agreement To Support “First Choice Plan”
Proceeds from Sale of 30 Units to Pay Down Debt and Execute “First Choice Plan” Priorities Red Robin to Receive $23.5 Million in Cash Englewood, CO (RestaurantNews.com) Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) (“Red Robin” or the “Company”), a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today announced the sale of 30 units to Evergreen Dining LLC, an exper…
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