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FRANCHISE RESALES

Buy a TGI Fridays Franchise

TGI Fridays is a global casual-dining franchise built around full-service American restaurants and full bar service, known for its signature cocktails, loaded appetizers, burgers and an upbeat, celebration-led atmosphere. The brand was founded in New York City in 1965 and began franchising in 1969, serving everyday diners, families and groups looking for a relaxed sit-down meal and a drink.

The franchise operates under TGI Fridays Franchisor, LLC. Following a 2024 restructuring of its US parent, the system became fully franchised, with former company-owned restaurants sold or closed. The brand today spans roughly 400 restaurants across about 40 countries, with long-established markets including the Philippines, Mexico, Japan, Peru and Greece alongside its US and UK presence.

What sets the brand apart is broad global name recognition, a familiar bar-and-grill format and a menu built for social, celebration-led dining. TGI Fridays is led by returning CEO Ray Blanchette, himself a franchisee, who is steering a renewed international and nontraditional growth push following the restructuring.

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Why buy a TGI Fridays Franchise?

Buying a TGI Fridays franchise means stepping into one of the most recognized names in global casual dining, with decades of brand equity, an established full-service operating system and an international network spanning around 40 countries. After its 2024 restructuring the brand is now fully franchised, aligning the franchisor’s focus squarely behind operator performance.

Franchisees work from a developed brand playbook, a signature food-and-beverage menu and marketing built over decades, supported by a leadership team that includes a CEO who runs Fridays restaurants himself. The brand is pursuing renewed growth through both traditional restaurants and nontraditional sites such as hotels and airports, and has been signing new international development agreements at pace. A recognizable casual-dining banner can shorten the path to local awareness compared with an unproven independent concept.

TGI Fridays Franchise Costs & Information

Based on 2024 data reported in the 2025 FDD

  • Brand Profile

    • Year Founded

      1965

    • Franchising Since

      1969

    • New Startup Cost

      $1,408,110 – $4,516,110

    • Avg. Resale Price

      Contact us for details

  • Franchise Fees

    • Initial franchise Fee

      $50,000

      for new territories

    • Transfer Fee

      $5,000

      plus out-of-pocket expenses (background checks <=$3,500 each)

    • Royalty Fee

      4%

      of Gross Revenue

    • Marketing Fee

      4%

      of Gross Sales

  • Unit Performance

    • Total Units *

      120

    • New Units Opened *

      0

    • Units Transferred *

      0

    • Avg. Unit revenue *

      $4,954,450

    * Based on 2024 data reported in the 2025 FDD

TGI Fridays – Additional  Information

  1. Training & Support

    TGI Fridays provides structured onboarding for incoming owners and managers, including an Owner's Orientation Program and an eight-week in-store Management Training Program, with additional specialized courses for kitchen and general managers. Ongoing support covers operating standards, menu and beverage programs, national and regional marketing, and brand-standard compliance, backed by a franchisor leadership team rebuilt around franchisee profitability. Resale buyers should confirm with TGI Fridays what transfer training and Management Training Program access is provided to incoming ownership and existing staff when a unit changes hands.

  2. Ideal Owner

    TGI Fridays suits hands-on, operations-led owners comfortable running a full-service restaurant and bar, managing sizable front- and back-of-house teams and holding consistent brand and service standards. Restaurant or multi-unit hospitality experience is a strong advantage given the scale of a sit-down, alcohol-serving operation. The model rewards operators who can drive local marketing, control food and labor costs, and deliver the high-energy guest experience the brand is known for. Owners must actively manage the business or appoint a qualified operating principal to oversee daily operations.

  3. Recognition & Awards

    TGI Fridays has built recognition over decades as one of the original American casual-dining and bar concepts, with a globally familiar name and a presence across roughly 40 countries. Its strongest credibility signals are longevity since 1965, broad international brand awareness and well-established overseas markets that kept growing through the brand's recent restructuring. The franchisor has set out a multi-year global growth plan targeting significant unit and revenue expansion by 2030. For resale buyers, brand recognition should be weighed alongside the specific location's local reputation, online reviews and community standing.

  4. Industry / Market

    TGI Fridays competes in US full-service dining, a market valued at roughly $362 billion in 2025 and projected to grow toward about $405 billion later this decade. Casual full-service dining is a mature, competitive category shaped by consumer spending, value perception and experience-led occasions such as group celebrations and sports viewing. Recognizable brands with a differentiated atmosphere tend to weather competition better than undifferentiated independents. For resale buyers, local demand, foot traffic, competition density and a restaurant's value-for-money positioning matter as much as national trends.

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