4/10

Franchimp Summary Rating

4 /10
Higher than 68% of peers

Franchise Summary

Description
The franchisor will grant the right to establish and operate one or more casual dining, full-service RED ROBIN restaurants offering a large and varied selection of highly craveable and customizable burgers in a fun environment welcoming to guests of all ages.
Company Background
Red Robin Gourmet Burgers and Brews is an international casual dining restaurant chain that makes its own food fresh to order. Red Robin offers a variety of high-quality burgers, salads, sandwiches, appetizers and more with specials every day. The company has been around since 1969 and has over 500 restaurants in North America and Canada.
Franchise Opportunity
America's love affair with burgers shows no sign of slowing down, but it can be hard to find a great burger that fits your taste and budget. It seems like every restaurant these days is trying to jump on the burger bandwagon, but most of them just don't hit the mark. The burgers are either too expensive or not very tasty. Red Robin Gourmet Burgers and Brews is the perfect solution. We offer a wide variety of delicious and affordable burgers that will satisfy even the pickiest eater. Plus, we have a fun and welcoming atmosphere that everyone will enjoy.
Corporate Structure
Red Robin International, Inc. was originally incorporated in the State of Washington on September 10, 1969 under the name Red Robin Enterprises, Inc. and began offering franchises of the type described in this Disclosure Document in 1979. On December 23, 1983 they changed their name to Red Robin International, Inc. In June 1990, Red Robin International, Inc. merged into Red Robin Merger Inc., a Nevada corporation that was incorporated in March 1990 for the sole purpose of that merger. The name of the surviving entity is Red Robin International, Inc. On January 17, 2001, they formed a Delaware corporation called Red Robin Gourmet Burgers, Inc. (“RRGB”). Red Robin International, Inc. became a wholly owned subsidiary of RRGB on August 9, 2001. They do business as Red Robin®, Red Robin America’s Gourmet Burgers & Spirits®, Red Robin Gourmet Burgers & Spirits®, Red Robin Gourmet Burgers®, Red Robin Burger & Spirits Emporiums®, and Red Robin Gourmet Burgers and Brews®. Their principal business address is 6312 South Fiddler’s Green Circle, Suite 200N, Greenwood Village, Colorado 80111.
Investment and Franchisee Fees
The initial franchise fee is $35,000. The total investment necessary to begin operation of a RED ROBIN® RESTAURANT ranges from $2,220,000 to $4,115,000 for a freestanding prototype building, or $1,865,000 to $3,635,000 for a standard-size, in-line space prototype or for a mid-size, in-line space prototype. These ranges include the initial franchise fee of $35,000 that you must pay to the franchisor but does not include the cost of buying, building or renting the restaurant location and the cost to obtain a liquor license.
Royalties and Marketing Fees

Royalties : 4.0% of revenue

Employee Contact Database

# Name Position Phone Number Email Address

Red Robin Gourmet Burgers and Brews Franchise System Development in 2017

FAQ

How much investment do I need to start my own Red Robin Gourmet Burgers and Brews business?
Franchisees typically require at least $2,705,000 to $5,785,000 investment to get their Red Robin Gourmet Burgers and Brews business started
What are the initial franchise fees for Red Robin Gourmet Burgers and Brews?
Franchisees typically need to pay at least $35,000 in fees directly to Red Robin Gourmet Burgers and Brews in order to earn the right to launch their business
How much money can I make with a Red Robin Gourmet Burgers and Brews franchise? What are the average revenues for a typical Red Robin Gourmet Burgers and Brews business?
We haven’t done the math on how much revenue a typical Red Robin Gourmet Burgers and Brews brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Red Robin Gourmet Burgers and Brews to generate a similar amount
How long do I need to commit to running a Red Robin Gourmet Burgers and Brews unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

4 /10
The Franchisor's investment costs ranges from $568,020 to $2,528,500 which is Much Higher than the $0 to $0 average in the Restaurants (Sit-Down) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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