Red Robin
The burger chain has its origins in Seattle, Washington and was founded in 1969. A decade later, its first franchised location was opened. The company now has 562 restaurants, of which 90 are franchises. Sadly, it saw a decline of 85.4% and chose to shutter ten locations. However, the company has rejected the suggestion of investors to close altogether.
HomeTown Buffet
HomeTown Buffet opened its doors in 1983. At its peak, the company had 250 restaurants. This Ovation Brands subsidiary has gone through a change in management when it was bought out by Food Management. The new change is not ideal. As proof of this claim, the company has already shut down more than 200 locations by August 2019.