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Fries toward the future

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The chain’s sale to Ares Management shows again that companies rethinking the restaurant business can fetch strong valuations, says RB’s The Bottom Line.

Vintage Capital noted in its nonbinding bid that it is meeting with Red Robin’s leaders and hopes to keep the conversation “constructive.”

The full-service, health-focused chain—founded by restaurateur Sam Fox and wellness guru Dr. Andrew Weil more than a decade ago—is also launching a standalone cocktail/juice bar in Las Vegas.

As fast-food chains up their quality, prices increase, and customers might think twice, says RB’s The Bottom Line.