How many TGI FRIDAYS franchise locations are there?

As of the 2025 FDD, TGI FRIDAYS has 81 franchise locations. The company has been franchising since 1978.

Can you get an SBA loan for a TGI FRIDAYS franchise?

Yes, SBA loans are available for TGI FRIDAYS franchises. Historical data shows 3 SBA 7(a) loans have been approved for TGI FRIDAYS franchisees, with an average loan amount of $1,190,667. The historical default rate is 0.0%.

Is TGI FRIDAYS a good franchise to buy?

TGI FRIDAYS shows several positive indicators: low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

TGI FRIDAYS

FDD Year:

TGI Fridays operates full-service casual theme restaurants featuring a specialized menu of freshly prepared popular foods and full bar service in a distinctive atmosphere characterized by unique décor, recipes, and operational systems. The franchisor offers Development Agreements for developing multiple restaurants in defined territories and Franchise Agreements for operating individual TGI Fridays restaurants, including options for virtual restaurant participation via third-party delivery for test menu items. The target market primarily includes adults aged 21-49 in densely populated suburban or metropolitan areas near regional shopping centers.

Locations

$1408K–$4516K

Investment

Since 1978

Franchising

Food & BeverageDallas, TXTGIF Holdings, LLCwww.fridays.comDisclaimer

Franchise Costs

Franchise Fee

$50,000

Item 5 of FDD

Initial Investment Range

$1,408,110 – $4,516,110

Low: $1,408,110High: $4,516,110

Item 7 of FDD

Royalty Rate

4.00%

of gross sales

Brand Fund

4.00%

Item 6 of FDD

Fixed Monthly Fees

$420 – $420

Item 6 of FDD

4% royalty + 4% ad fund + $420/mo IT service fee

How TGI FRIDAYS Compares

Key Insights

Higher than average SBA loan default rate in Casual Dining

Franchise	Investment	Fee	Royalty	Locations
TGI FRIDAYS Current	$1.4M – $4.5M	$50K	4.0%	81
IHOP & INTERNATIONAL HOUSE OF PANCAKES	$1.8M – $4.5M	$69K	N/A	1,703
BUFFALO WILD WINGS	$2.5M – $4.9M	$25K	5.0%	538
GOLDEN CORRAL STEAKS, BUFFET & BAKERY	$2.1M – $8.5M	$50K	4.0%	352
GOLDEN CORRAL	$2.2M – $8.7M	$50K	4.0%	348
ORIGINAL PANCAKE HOUSE (THE)	$483K – $1.7M	$60K	2.0%	146
Casual Dining Average 44 franchises	$1.5M – $3.5M	$43K	4.6%	–

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 44 Casual Dining franchises by location count.

SBA Loan History

Historical SBA 7(a) loan data for TGI FRIDAYS franchisees (2011 – 2013)

Total Loans

Average Loan

$1,190,667

Total Volume

$3.6M

Default Rate

0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

125 franchisee contacts on file from official FDD filings.

Name	Address	Phone	Email	SBA Loan
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active

125 Contacts Available

Unlock all TGI FRIDAYS franchisee contacts with verified contact information

Due Diligence

Litigation (Item 3)

Franchisee Cases0

No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryYes

Predecessor TGI Friday’s Inc. filed Chapter 11 on November 2, 2024 (ongoing). CFO Eric Easton was officer for Café Holdings Corp. et al., which filed Chapter 11 on November 16, 2018.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations

Non-Renewals

Reacquired

Ceased Ops

Transfers

Sold to Franchisees

Projected New

Frequently Asked Questions

The total initial investment to open a TGI FRIDAYS franchise ranges from $1,408,110 to $4,516,110. This includes a franchise fee of $50,000. Ongoing royalty fees are 4.0% of gross sales.