Red Robin is graded based on our most recent FDD research!
Red Robin is a casual dining franchised restaurant that serves a variety of high quality gourmet burgers. It boasts a family-friendly atmosphere that includes bottomless Steak Fries, cocktails, non-alcoholic beverages, and other concoctions. Red Robin is a publicly traded company that trades on NASDAQ under the ticker symbol “RRGB”.
Red Robin has a franchise fee of up to $35,000, with a overall initial investment range of $1,865,000 to $4,115,000.
The initial investment of any franchise opportunity includes many fees. Check out this franchise opportunity to better understand the specific costs required to purchase a Red Robin, such as franchise fees, leasehold improvement costs, grand opening marketing, and furniture and fixtures purchases. It should be noted that, franchise companies must to provide you with details about all initial fees. These are not only fees that are actually paid, but also commitments to fees you are required to pay.
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As with any new franchise, the franchise owner's salary and the profits from a Red Robin business depends on a lot of different factors. One way to validate the potential revenues or profits earned from a Red Robin franchise investment is to analzye the franchisor's Item 19 within their Franchise Disclosure Document. Usually, earnings and owner's income are correspond to the size of the investment and number of locations you purchase. Demand for your products, the labor costs, commercial lease rates and a number of other variables also play a huge role in your profit margin and your personal salary
For more details and system-specific data on the profits of a Red Robin franchise opportunity, unlock this franchise
As of the 2018 Franchise Disclosure Document, there are 86 franchised Red Robin locations across the USA.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Based on 2018 FDD research, Red Robin has franchise locations in 15 states. There could be no locations in several states as each franchise plans their development strategy differently. Certain states require franchise companies to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to offering franchise opportunities to people residing in that state. These registration states have examiners review a franchisor's FDD to ensure it satisfies state regulatory conditions. In addition to registration states, some other states have enacted supplemental franchise or business opportunity laws that mandate franchise companies to file their franchise within the state. In almost all instances the filing is a notice within the state. Unlike franchise registration states, the franchise filing states do not examine the FDD.
Based on the data collected this franchise is expanding into new regions and might be available near you.
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Last Reviewed: 2018
Sector: Full-Service Restaurants
Yes, they have an initial training program of 568 hours. This includes 0 hours of classroom training, 568 hours of on-the-job training, and N/A hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
Red Robin offers territory protections. For an explanation of territory rights, unlock this franchise for important details.
No, Red Robin does NOT offer comprehensive support for franchisees.
They began franchising in 1979. The average Burgers franchise began franchising in 1994.
No, but you can click here to fill out our affordability calculator and understand your financing options.