How much does it cost to open and run a red robin restraunt?

Opening a Red Robin restaurant typically requires an initial investment of around $1.5 million to $3 million, which includes franchise fees, equipment, and construction costs. Ongoing operational expenses, such as food, labor, and utilities, can vary but generally range from $800,000 to $1.5 million annually. Additionally, franchisees pay a royalty fee of about 5% of gross sales and a marketing fee of around 1-2%. Actual costs can vary based on location and specific business circumstances.