Red Robin
Back in 1969, this burger chain originated from Seattle, Washington. Ten years later, they established the first franchised restaurant. The establishments currently hold 562 restaurants, of which 90 are franchises. Unfortunately, they agreed to close ten stores after a recent loss of 85.4 percent, but ignore the suggestions of creditors to shutter the company entirely.
HomeTown Buffet
The Hometown Buffet-style restaurant was founded in 1983 and hit 250 restaurants at its best. It is a subsidiary of Ovation Brands, a subsidiary of Partners in Food Management. It was, however, recently under new ownership after being acquired by Food Management. The latest change wasn’t so successful for HomeTown Buffet, and as of August 2019, they have closed down more than 200 locations.