TGI Fridays
Financial Plan
Liquid capital
The amount you need to secure the necessary loans.
Total investment
Total Investment to launch the business, including initial fees ($50,000)
The Concept
TGI Fridays is a U.S. casual-dining restaurant franchise specializing in American food, burgers, wings, ribs, appetizers, cocktails and other bar-and-grill offerings. The original TGI Fridays opened in Manhattan in 1965, and the brand describes itself as the original casual-dining bar and grill.
TGI Fridays is actively seeking franchise partners. In September 2026, the company announced a new U.S. development agreement with Bliss Bites LLC covering five new restaurants in New York State, plus the acquisition of the existing Central Islip location. This was the brand’s first U.S. development agreement in more than 10 years.
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Latest News from TGI FRIDAYS
TGI Fridays Signs Its First US Franchise Development Deal in Over a Decade
TGI Fridays filed for Chapter 11 bankruptcy in late 2024 and closed a net of over 200 US locations in two years, leaving the chain with just 69 domestic restaurants by mid-2026. On October 1, its new owner Sugarloaf Hospitality announced the brand's first US franchise development agreement in more…
