Red Lobster temporarily closes more than 80 restaurants, three in Georgia

One of the most biggest seafood chains in America is scaling down its operations.

Red Lobster has temporarily closed 87 restaurants across 27 states, with some of them having their kitchen equipment up for auction on an online restaurant liquidator.

The chain's website indicates three Georgia locations have been closed including those in Athens, Dublin, and Roswell. Red Lobster has locations in 27 other cities, all of which appear to be open as of Tuesday.

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The liquidator, TAGeX Brands, announced Monday it is auctioning off equipment this week from 48 locations that have closed. The website says auctions are live and will end periodically on Thursday, and that each winner will receive the "entire contents of the Red Lobster location they bid on."

Red Lobster's cash flows have been weighed down by leases and labor costs, and its problems were exacerbated last year when the company reported an $11 million loss in the third quarter. It has recently started considering filing for Chapter 11 bankruptcy.

This article originally appeared on Augusta Chronicle: Red Lobster closing 87 restaurants nationwide, three georgia