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Red Robin Completes Sale of 30 Restaurants to Evergreen Dining

PUBLIC · RRGBSep 01, 2026•about 20 hours ago

Acquiring Company

Red Robin Gourmet Burgers

Acquired Company

Evergreen Dining

WashingtonFood and BeverageFood And BeverageHospitalityFood and BeverageHospitality

Description

On August 26, 2026, Red Robin International, Inc., a subsidiary of Red Robin Gourmet Burgers, completed the sale of certain assets related to 30 company-owned Red Robin restaurants to Evergreen Dining LLC. The transaction involved Evergreen assuming certain liabilities associated with these restaurants. The total purchase price for this transaction was $23.5 million in cash, subject to customary adjustments. This sale is part of Red Robin's strategic efforts to streamline its operations.

Company Information

Company

Red Robin Gourmet Burgers

About

About Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) Red Robin Gourmet Burgers, Inc. (www.redrobin.com), is a casual dining restaurant chain founded in 1969 that operates through its wholly-owned subsidiary, Red Robin International, Inc., and under the trade name, Red Robin Gourmet Burgers and Brews. We believe nothing brings people together like burgers and fun around our table, and no one makes moments of connection over craveable food more memorable than Red Robin. We serve a variety of burgers and mainstream favorites to Guests of all ages in a casual, playful atmosphere. In addition to our many burger offerings, Red Robin serves a wide array of salads, appetizers, entrees, desserts, signature beverages and Donatos® pizza at select locations. It’s now easy to enjoy Red Robin anywhere with online ordering available for to-go, delivery and catering, or you can download our new app for easy customization, access to the Red Robin Royalty® dashboard and more. There are more than 500 Red Robin restaurants across the United States and Canada, including those operating under franchise agreements. Red Robin… YUMMM®!

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Frequently asked

Who acquired Evergreen Dining?

Evergreen Dining was acquired by Red Robin Gourmet Burgers. The deal was reported on September 1, 2026. About Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) Red Robin Gourmet Burgers, Inc. Red Robin Gourmet Burgers is publicly traded (RRGB) and operates in Food and Beverage.

When did Red Robin Gourmet Burgers acquire Evergreen Dining?

Red Robin Gourmet Burgers's acquisition of Evergreen Dining was reported on September 1, 2026. On August 26, 2026, Red Robin International, Inc., a subsidiary of Red Robin Gourmet Burgers, completed the sale of certain assets related to 30 company-owned Red Robin restaurants to Evergreen Dining LLC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Evergreen Dining do?

Evergreen Dining LLC is a multi-unit operator based in Washington State. The company has operated more than 100 restaurants across various national brands for nearly three decades. It is privately held, operating in Food and Beverage, and is based in Washington.

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