1851

LAST UPDATED:&nbsp;June 2023FRANCHISE WEBSITE:&nbsp;<a href="https://tgifridays.com/franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-tgi-fridays-franchise-costs-fees-profit-and-data-2722651" target="_blank" rel="nofollow">https://tgifridays.com/franchise/</a>&nbsp;NUMBER OF LOCATIONS:&nbsp;900+REPORTED COST TO GET IN:&nbsp;UndisclosedREPORTED ROI (Item 19):&nbsp;UndisclosedTGI Friday’s is a bar-and-grill franchise concept that was established in 1965. When Alan Stillman launched the company, it was incredibly successful and one of the only places where young adults could be both relaxed and excited.&nbsp;TGI Friday’s offers franchises in the U.S. and internationally. Though there are hundreds of units established globally, the brand is taking on a rebrand of sorts, emphasizing its history as a bar. As such, it is seeking franchisees that have prior experience in the restaurant or food business and are interested in opening at least three locations in a relatively short time span.<h3>How Many TGI Friday’s Locations Are There?</h3>There are over 900 TGI Friday’s locations across 50 countries. As it grows and is refreshed, the brand is “<a href="https://usa.tgifridays.com/index.php/tgi-fridays-brand/our-heritage?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-tgi-fridays-franchise-costs-fees-profit-and-data-2722651" target="_blank" rel="nofollow">embracing and celebrating [its] heritage as a bar. A bar that just happens to serve killer food in an environment that always feels like happy hour on a Friday afternoon.</a>”While the brand is working to expand, it is focusing on partnering with the right people and bringing ambitious owners into the network to grow in a healthy way.<h3>What Is the TGI Friday’s Business Model?</h3>TGI Friday’s leverages three primary location types: freestanding, mall and inline. While each has its own requirements, the larger strategy works to establish locations in high-traffic areas that are proximal to “evening and late-night generators.” By placing its units close to retail, movie theaters and other restaurant concepts, TGI Friday’s is able to leverage existing demand to grow its own customer base.The unique requirements of each site type are as follows:Freestanding<ul><li>Two or more acres</li><li>Complete building signage, pylon and monument direction signs</li><li>Excellent ingress and egress from primary frontage road</li></ul>Mall<ul><li>Major regional mall, defined as being one million or more square feet of Gross Leasable Area</li><li>Complete brand signage, interior/exterior directional signage and main pylon listing</li><li>Excellent ingress and egress from primary frontage road</li></ul>Inline<ul><li>Complete frontage signing, directional signs and blade signs as needed</li><li>Convenient access to site from parking, pedestrian and public transportation</li></ul><h3>How Much Can TGI Friday’s Franchise Owners Make?</h3>TGI Friday’s does not make its financial representations publicly available.&nbsp;<h3>How Much Does It Cost To Open a TGI Friday’s?</h3>TGI Friday’s does not publish investment specifics, but the&nbsp;<a href="https://usa.tgifridays.com/index.php/franchise-information/criteria?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-tgi-fridays-franchise-costs-fees-profit-and-data-2722651" target="_blank" rel="nofollow">franchise development site</a> does note that prospective franchisees should have a net worth of at least $3 million with $1 million in liquidity.For prospective owners looking to re-franchise existing locations, the net worth and liquidity requirements are the same, and the franchisor notes “$500K per store acquired” and “$300K (liquid) per store acquired,” presumably noting the investment range should an owner choose to re-franchise a number of locations that would exceed the $3 million and $1 million (liquid) requirements.All franchisees are expected to be driven to develop at least three restaurants.<h3>What Is the Franchise Fee for TGI Friday’s?</h3>TGI Friday’s assesses a $50,000 franchise fee per restaurant.<h3>Who Is the Leadership of TGI Friday’s?</h3><ul><li><a href="https://www.linkedin.com/in/ray-blanchette-93208a9/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-tgi-fridays-franchise-costs-fees-profit-and-data-2722651" target="_blank" rel="nofollow">Ray Blanchette — Chief Executive Officer and President</a></li><li><a href="https://www.linkedin.com/in/samuel-langley-6360042/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-tgi-fridays-franchise-costs-fees-profit-and-data-2722651" target="_blank" rel="nofollow">Samuel Langley — Vice President of Information Technology</a></li><li><a href="https://www.linkedin.com/in/jennifer-adams-a9562933/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-tgi-fridays-franchise-costs-fees-profit-and-data-2722651" target="_blank" rel="nofollow">Jennifer Adams — Director of Operations</a></li><li><a href="https://www.linkedin.com/in/kathleen-schloth-4344717/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-tgi-fridays-franchise-costs-fees-profit-and-data-2722651" target="_blank" rel="nofollow">Kathleen Schloth — Chief Procurement Officer, Global Supply Chain and Licensing</a></li></ul><h3>What Helpful Articles Can I Read To Learn More?</h3><ul><li><a href="https://usa.tgifridays.com/index.php/franchise-information/support?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-tgi-fridays-franchise-costs-fees-profit-and-data-2722651" target="_blank" rel="nofollow">TGI Fridays SM Franchise Support</a></li><li><a href="https://www.restaurantbusinessonline.com/financing/can-defranchising-save-tgi-fridays?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-tgi-fridays-franchise-costs-fees-profit-and-data-2722651" target="_blank" rel="nofollow">Can defranchising save TGI Fridays?</a></li><li><a href="https://www.restaurantbusinessonline.com/operations/tgi-fridays-plans-major-expansion-asia?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-tgi-fridays-franchise-costs-fees-profit-and-data-2722651" target="_blank" rel="nofollow">TGI Fridays plans major expansion in Asia</a></li></ul>Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

Franchise Deep Dive: TGI Friday’s Franchise Costs, Fees, Profit and Data

1851 Franchise

The over-50-year-old bar and grill franchise is growing across the U.S. and internationally as it works to refresh its brand image.

franchise-deep-dive-tgi-fridays-franchise-costs-fees-profit-and-data

SweatHouz

Science, Wellness, Growth: How SweatHouz CEO Mike Tan is Shaping the Future of Contrast Therapy Franchising

mike-tan-franchising-strategy-sweathouz

Biscuit Belly Franchising

Biscuit Belly Expands Across the Southeast U.S. With Six New Locations

biscuit-belly-expands-across-the-southeast-us-with-six-new-locations

Layne's Chicken Fingers

Photo of exterior of Layne's Chicken Fingers restaurant

Layne’s Chicken Fingers Signs Landmark 44-Restaurant Deal, Shatters Records in Monumental Third Quarter

laynes-chicken-franchise-growth-records

Children's Lighthouse

Why Children’s Lighthouse Is a Great Opportunity for Swim School Franchisees

why-childrens-lighthouse-is-a-great-opportunity-for-swim-school-franchisees

Children’s Lighthouse Closes the Third Quarter with Record Franchise Signings and New School Opening

childrenslighthouse-q3-2025-growth

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Amazon outage, AWS outage, Amazon AWS logo

The Day the Cloud Stalled: How Amazon's Outage Impacted Franchise Economy

amazon-aws-outage-franchise-impact-travel-dining-failure

Thursday 1851 Franchise Agg - NASAA’s Noncompete Push

NASAA’s Noncompete Push Puts Franchise Growth on Uncertain Ground

franchise-noncompete-nasaa-advisory-reasonableness-standard

How a Steady Economy Could Help Franchisors Plan Their Next Move

how-a-steady-economy-could-help-franchisors-plan-their-next-move

Bed Bath & Beyond - Franchise Expansion - Retail Strategy - 1851 Franchise

Bed Bath & Beyond Launches Franchise Model as Part of Comeback Strategy

bed-bath-beyond-franchise-expansion-retail-strategy

Senior Entrepreneurship - Franchising - 1851 Franchise

Senior Entrepreneurship Is Rising — And Franchising Is a Key Outlet

senior-entrepreneurship-franchising-silver-startups

image of franchise deep dive from 1851 franchise on doody calls franchise authority brands

DoodyCalls Franchise Costs, Fees, Profit and Data for 2025

doodycalls-franchise-deep-dive

image of mellow mushroom deep dive into financials article from 1851 franchise

Mellow Mushroom Franchise Costs, Fees, Profit and Data for 2025

mellow-mushroom-franchise-deep-dive

How goGLOW Turned Clean Beauty Into a Scalable Franchise and Why It’s Accelerating Now

goglow-clean-beauty-tanning-franchise

Shoot 360 Aims for the Topgolf Model, Using Elite Basketball Tech to Appeal to Players '7 to 70'

shoot-360-franchise-growth-tech-basketball-brad-butterworth

A Practical Playbook: Who To Call First When Franchising Your Business

franchising-your-business-who-to-call-first

image of jerome hanway from right at home Las Cruces, New Mexico 1851 franchise franchisee spotlight

Jerome Hanway Is Building His Right at Home Franchise Around His Mission To Serve

right-at-home-franchise-las-cruces-jerome-hanway

NJCAR v. Ford - New Jersey Supreme Court Limits Standing Under Franchise Practices Act

New Jersey Supreme Court Limits Standing Under Franchise Practices Act

new-jersey-franchise-practices-act-njcar-v-ford

graphic image of an 1851 franchisee spotlight brayden and johnny steven of teriyaki madness

Father-and-Daughter Team Bring Teriyaki Madness to Wichita, Kansas, With Big Expansion Plans

johnny-brayden-steven-teriyaki-madness-wichita

1851 Franchisee Spotlight graphic with photo of Barb Volk and KidStrong logo

Why This Orangetheory Fitness Franchise Owner Is Developing KidStrong Franchises

kidstrong-franchise-owner-barb-volk-2025

Franchise Deep Dive: TGI Friday’s Franchise Costs, Fees, Profit and Data

MORE STORIES LIKE THIS