Red Robin
Back in 1969, the burger chain had started in Seattle, Washington. They established their first franchised restaurant a decade later. The establishments today hold 562 restaurants, of which 90 are franchises. Sad to say, they decided to shut down ten branches after a steep downturn of 85.4%, and to refuse to accept the suggestions of creditors to close the company entirely.
Red Robin
HomeTown Buffet
The Hometown Buffet style restaurant was created in 1983 and managed to reached 250 restaurants when they were at their absolute best. It is an Ovation Brands affiliate, which is a Food Management Partners subsidiary. Nevertheless, after being bought by Food Management, it was recently under new management. This new change wasn’t so successful for HomeTown Buffet, and as of August 2019, they have closed down more than 200 restaurants.
HomeTown Buffet
