Burger chain Red Robin announced that 86 more stores would be refranchised in a recent news release, including one store confirmed so far in North Carolina.

As previously reported by USA TODAY, Red Robin first announced it would consider closing around 70 underperforming locations as it attempted to repay debts.

The chain’s total revenues for 2024 were $1.25 billion, a decrease of $54.5 million compared to 2023 earnings. According to a report from early 2026, the chain took in similar total revenues in 2025.

“Strengthening our financial foundation remains a key priority for the Red Robin team and these transactions are a major step forward toward achieving our goal,” Dave Pace, Red Robin’s President and Chief Executive Officer, said in a June 15 news release announcing the refranchising of 86 Red Robin locations.

Here’s what to know in North Carolina.

Why are Red Robin locations closing?

Red Robin first announced it would consider closing underperforming locations in 2025 as the chain worked to pay off debts. According to a Dec. 28, 2025, report, the company owed approximately $170.2 million.

Are all Red Robin locations closing?

Red Robin operates almost 500 locations across the U.S. and Canada. A June 15 news release from the chain announced a further 86 restaurants would be refranchised following a May statement announcing the refranchising of 30 restaurants to Evergreen Dining.

Op Burgers, LLC will acquire 69 restaurants based in Kentucky, Indiana, Maryland, Ohio, North Carolina, Pennsylvania, South Carolina and Virginia, while Kuber Oregon, LLC and Kuber Washington, LLC will acquire 17 restaurants in Oregon and Washington.

Which North Carolina Red Robin restaurants are closing?

One North Carolina Red Robin location is confirmed to be closing. The restaurant is located at 2260 Walnut St., Cary, NC 27511.

Iris Seaton is the trending news reporter for the Asheville Citizen Times, part of the USA TODAY Network. Reach her at iseaton@citizentimes.com.

This article originally appeared on Asheville Citizen Times: Red Robin announces further closures, including a NC restaurant

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