26 More FL Red Lobster Restaurants May Close In Bankruptcy: See List

FLORIDA — Red Lobster, which abruptly closed more than 50 restaurants last month, revealed in bankruptcy court that it could close at least 125 locations as it tries to recoup losses from its endless shrimp promotion.

In its Chapter 11 bankruptcy petition, Red Lobster said it had more than $1 billion in debts and less than $30 million cash on hand. The company plans to sell the business to its lenders in hopes of keeping some of its nearly 600 Red Lobster locations open, CNN reported.

Red Lobster said that if it can’t renegotiate its leases, these restaurants have are in danger of closure in Florida:

• Altamonte Springs, 340 West SR 436
• Clermont, 2475 Highway 27 South
• Clearwater, 26320 U.S. 19th North
• Coral Springs, 2000 University Drive
• Fort Lauderdale, 5950 N Federal Hwy.
• Fort Myers, 3801 Cleveland Ave.
• Fort Walton Beach, 326 Miracle Strip Pkwy S.W.
• Kissimmee, 5690 Irlo Bronson Memorial Hwy.
• Lake Worth, 6638 Lake Worth Road
• Lakeland, 3706 North Road 98
• Leesburg, 10010 US Highway 441
• 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
• Orlando, 9892 International Drive
• Orlando, 8003 Golden Sky Lane
• Pensacola, 5110 N 9th Ave.
• Port Richey, 8909 US Highway 19
• 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.

A full list of Red Lobster restaurants that are currently open in Florida can be found here.

• Also Read: Red Lobster, Which Closed 18 FL Stores, Files For Bankruptcy

Red Lobster’s bankruptcy was expected. Its “Ultimate Endless Shrimp” promotion last year was intended as a limited-time offer but brought in enough new customers that the chain added it to its permanent menu in June. Customers gobbled it up, and the chain reported fourth-quarter 2023 losses of $12.5 million, the outlet reported.

Red Lobster said the remaining restaurants will remain open and continue operating as usual during the bankruptcy process.

“This restructuring is the best path forward for Red Lobster. It allows us to address several financial and operational challenges and emerge stronger and re-focused on our growth,” CEO Jonathan Tibus said in a news release. “The support we've received from our lenders and vendors will help ensure that we can complete the sale process quickly and efficiently while remaining focused on our employees and guests.”