Richtech Robotics and Ghost Kitchens to Open 20 Automated Restaurants in Walmart Stores

Richtech Robotics announced a new franchise agreement with the food service company Ghost Kitchens America to open 20 automated restaurants in Walmart Stores in the United States last Thursday.

According to the press release, the companies signed a Letter of Intent to expand their restaurant models and get exclusive rights to open new locations, managed by AlphaMax Management LLC—Richtech Robotics’ subsidiary—, in Texas, Arizona, and Colorado.

The companies expect each robot-run restaurant to generate from $700,000 to $2 million in annual revenue at the selected stores.

“All Walmart locations where we’ve signed agreements with Richtech Robotics have strong sales numbers and steady customer traffic,” said George Kottas, CEO of Ghost Kitchens America. “Based on our previous collaborations, Ghost Kitchens is confident that Richtech Robotics’ robotic technology and operational management services will maximize the performance of these restaurants.”

Richtech Robotics expects to reduce costs and optimize efficiency with its technology and robots, and keep expanding in the future.

“We expect these platforms to become a fast-growing and stable revenue stream for us as we leverage them to manage thousands, and eventually tens of thousands, of restaurant operations in the future,” said Matt Casella, President of Richtech Robotics.

According to Restaurant Dive, Richtech Robotics had previously deployed its robot ADAM—expected to serve 100 to 200 coffees daily—in a Walmart store in Illinois in August and another one in Georgia in July.

Ghost Kitchens America expects to expand the food service model to 240 locations in Canada and the U.S. in the future.

Just a few weeks ago, in September, Richtech Robotics launched Scorpio, an AI-powered single-arm bartender robot expected to serve wine and cocktails in New York.