Florida may lose some more Red Lobster locations by the end of the month.
Last month, Red Lobster filed bankruptcy documents that included plans to close more restaurants in rejected leases, which the company said were losing money. The seafood chain already closed nearly 100 locations around the country without warning, including at least 17 in Florida.
In an Aug. 22 court filing, Red Lobster is taking aim at 23 locations off their list, including three in Florida. Restaurants in Fort Walton Beach, Pensacola and Port Richey will close and be vacated by Aug. 31 if an Orlando judge agrees. The hearing is set for Aug,. 29, according to Orlando Business Journal.
Red Lobster is readying for a possible sale to RL Purchaser LLC, which is organized and controlled by Fortress Credit Corporation, a company that has been acquiring other bankrupt companies recently, such as Alamo Drafthouse andVice Media.
Red Lobster, which started in Lakeland, Floridaand grew to be the largest seafood chain in the world, said it has more than $1 billion in debt and less than $30 million in cash on hand,CNN reported. It plans to sell the business to its lenders for financing to keep going.
While some blamed the chain's popular "endless shrimp promotion" for bringing the company down, experts pointed toinflationary prices, lease obligations above market rates, and operational decisions.
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Which new Red Lobster restaurants are closing?
It hasn't been finalized yet, but the list before the court is:
- Arizona: 1521 S. Yuma Palms Pkwy., Yuma
- California:
- 8703 Murray Drive, La Mesa
- 8407 W. Markham St., Little Rock
- Colorado: 4925 N. Academy Blvd., Colorado Springs
- Florida:
- 326 Miracle Strip Pkwy., Fort Walton Beach
- 5110 N. 9th Ave., Pensacola
- 8909 U.S. Highway 19, Port Richey
- Georgia: 6550 Tara Blvd., Jonesboro
- Illinois:
- 1604 N. State Road 50, Bourbonnais
- 902 Commons Drive, Geneva
- 4625 N. Sterling Ave., Peoria
- Indiana: 4353 Franklin St., Michigan City
- Minnesota:
- 8900 Golden Valley Road, Golden Valley
- 12515 Elm Creek Blvd. North, Maple Grove
- Missouri: 2381 Maplewood Commons Drive, Maplewood
- New York:
- 925 Hunts Point Ave. Bronx
- 750 Upper Glen St., Queensbury
- North Carolina: 304 A Western Blvd., Jacksonville
- Ohio: 17227 Southpark Center, Strongsville
- South Carolina: 1270 Knox Abbott Drive, Cayce
- Virginia:
- 555 S. Van Dorn St., Alexandria
- 4415 S. Laburnum Ave., Richmond
- 709 Independence Blvd., Virginia Beach
What other Florida Red Lobster locations are in danger of closing?
According toone of the documents filed in bankruptcy court, these Florida Red Lobster locations are on the chopping block if their leases cannot be renegotiated:
- Clermont: 2475 Highway 27 South
- Clearwater: 26320 U.S. 19th North
- Coral Springs: 2000 University Dr.
- Fort Lauderdale: 5950 N Federal Hwy
- Fort Myers: 3801 Cleveland Ave
- Kissimmee: 5690 Irlo Bronson Memorial Hwy
- Lake Worth: 6638 Lake Worth Road
- Lakeland: 3706 North Road 98
- Melbourne: 2355 W. New Haven Ave.
- Merritt Island: 215 E Merritt Island Causeway
- Miami: 11550 SW 88th St.
- North Miami: 13300 Biscayne Blvd.
- Orange Park: 32 Blanding Blvd.
- Orlando:
- 617 N. Alafaya Trail
- 9892 International Drive
- 8003 Golden Sky Lane
- Spring Hill: 2328 Commercial Way
- St. Petersburg: 6151 34th Street North
- Tampa: 11601 N. Dale Mabry
- The Villages: 3830 Wedgewood Lane
- West Palm Beach: 2201 Palm Beach Lakes Blvd.
Which Florida Red Lobster locations have already closed?
BeforeRed Lobster officially filed for Chapter 11 bankruptcy, the company listed more than 60 locations in 49 Florida cities. As of May 23, 2024, the following Red Lobster locations were listed as "closed" or "temporarily closed."
- Altamonte Springs: 340 W. SR 436
- Daytona Beach Shores: 3162 S. Atlantic Ave.
- Gainesville: 6910 W. Newberry Road
- Hialeah: 1750 W. 49th St.
- Jacksonville:
- 13090 City Station Drive
- 416 Commerce Center Drive
- 8720 Baymeadows Road
- Jensen Beach: 3544 N.W. Federal Highway
- Kissimmee: 4010 W. Vine St.
- Largo: 10500 E. Ulmerton Road
- Leesburg: 10010 U.S. 441
- Orlando:
- 3552 E. Colonial Drive
- 8003 Golden Sky Lane
- 7373 W. Colonial Drive
- Sanford: 20 Towne Center Circle
- Tampa:
- 2625 E. Busch Blvd.
- 17021 Palm Pointe Drive
Will there be any Red Lobster locations left in Florida?
If all of the locations listed in the bankruptcy filings were shuttered, here are the 21 restaurants that would be left of the seafood chain in the Sunshine State, according to the list on the company's website.
- Boynton Beach: 700 N. Congress Ave.
- Bradenton: 5711 14th St. West
- Brandon: 2604 W. Brandon Blvd.
- Clearwater: 26320 U.S. 19th North
- Daytona Beach: 2625 W. International Speedway Blvd.
- Doral: 1695 NW 87th Ave.
- Fort Pierce: 6401 Darter Court
- Hollywood: 2900 Oakwood Blvd.
- Lakeland: 3706 North Road 98
- Kissimmee: 5690 Irlo Bronson Memorial Highway
- Lake City: 2847 W. U.S. 90
- Ocala: 3393 S.W. College Road
- Orlando: 5936 International Drive
- Panama City: 910 E. 23rd St.
- Pembroke Pines: 296 N. University Drive
- Plantation: 803 S. University Drive
- Port Charlotte: 1331 Tamiami Trail
- Sebring: 721 U.S. 27
- Tallahassee: 2583 N. Monroe St.
- Winter Haven: 230 Cypress Garden Blvd.
