Red Robin Announces Acquisition of Four Franchised Restaurants in New York State
GREENWOOD VILLAGE, Colo., March 25, 2014 /PRNewswire/ -- Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB), a casual dining restaurant chain focused on serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today announced that its wholly-owned subsidiary, Red Robin International, Inc., has acquired four existing Red Robin® franchised restaurants in the Upstate and Mid-Hudson areas of New York, from Swan Concepts Inc.
"We are pleased to have been able to acquire the four established franchised Red Robin restaurants in New York State in the area we anticipate to have continued growth," said Steve Carley, Red Robin Gourmet Burgers, Inc. chief executive officer. "With the acquisition, Red Robin now owns and operates 12 restaurants in New York State with an additional restaurant under construction in West Babylon, N.Y."
The following four Red Robin restaurants will remain open for business and maintain normal operating hours through the transition:
- 1 Halfmoon Crossing in Halfmoon
- 880 Loudon Road in Latham
- 610 Towne Drive in Fayetteville
- 2511 South Road, Route 9 in Poughkeepsie
About Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB):
Red Robin Gourmet Burgers, Inc. (www.redrobin.com), a casual dining restaurant chain founded in 1969 that operates through its wholly-owned subsidiary, Red Robin International, Inc., is the Gourmet Burger Authority™, famous for serving more than two dozen craveable, high-quality burgers with Bottomless Steak Fries™ in a fun environment welcoming to guests of all ages. In addition to its many burger offerings, Red Robin serves a wide variety of salads, soups, appetizers, entrees, desserts and signature Mad Mixology® Beverages. There are more than 490 Red Robin restaurants across the United States and Canada, including those operating under franchise agreements. Red Robin… YUMMM®! Connect with Red Robin on Facebook and Twitter.
SOURCE Red Robin Gourmet Burgers, Inc.