TGI Fridays is a globally recognized American casual dining franchise, renowned for its vibrant atmosphere and innovative menu. Founded in 1972, in New York City by Alan Stillman, the brand aimed to create a public space for young adults to socialize.
Headquartered in Dallas, Texas, TGI Fridays began franchising in 1978, rapidly expanding its footprint across the United States and internationally.
The franchise offers a diverse menu featuring American classics such as steaks, burgers, chicken, seafood, and pasta, complemented by a full-service bar known for its signature cocktails.
TGI Fridays distinguishes itself through its commitment to a celebratory dining experience, emphasizing bold flavors and a lively environment. In May 2025, the brand revamped 85% of its menu, introducing innovative dishes and modernized cocktails to reconnect with its roots as a pioneer in casual dining.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
TGI Fridays offers 2 types of franchises:
We are summarizing below the main costs associated with opening a "PROTO 2017" Prototype6,800 Square Foot TGI Fridays™ Restaurant.
For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).
KEY FRANCHISE STATS
All you need to know about this franchise
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$2,547,000
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Below are some of
TGI Fridays
key competitors in the
Other Food
sector.
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A comprehensive and transparent look at franchising finances. The inclusion of profit margins and disclosure documents offers insights you can’t find elsewhere. Essential for anyone considering a franchise investment.
Been waiting for years for this. All the most important franchises and their latest Franchise Documents to download. The team also updates the franchises very quickly.
TGI Fridays provides a thorough training framework to ensure franchisees and their teams can effectively operate a Fridays Restaurant. Below is a breakdown of the training programs offered:
TGI Fridays does not provide exclusive territory rights under its standard Franchise Agreement. Franchisees may face competition from other TGI Fridays locations, including those owned or franchised by the company, as well as from other brands or distribution channels under the franchisor’s control.
Limited territorial protection may be granted under a Development Agreement, which allows a franchisee to open a set number of restaurants in a defined area. However, this protection can be reduced or terminated if the franchisee defaults, and the franchisor retains the right to operate in various venues within that territory.
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