TGI Fridays franchise
TGI Fridays is a full-service casual dining chain with a large bar, serving American food like burgers, ribs and appetizers. It is one of the original American bar-and-grill chains. At the end of 2025 there were 80 TGI Fridays locations in the US, all franchised.
- Cost to open
- $1.36M–$4.52M
- Franchise fee
- $50,000
- Royalty
- 5%
- Locations, 2025
- 80−54 in 3 yrs
Compare with similar brands Estimate your costs
Company snapshot
- Franchisor based in
- Dallas, Texas
- Territory
- No exclusive territory
- Financing
- None offered
From TGI Fridays Franchisor, LLC’s 2026 filing.
How much a TGI Fridays franchise costs
Opening one franchised Fridays restaurant costs an estimated $1,356,100 to $4,515,600. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: TGI Fridays Franchisor, LLC, 2026 filing, page 25
TGI Fridays franchise fee
The franchise fee is $50,000, per restaurant. You pay it when you sign the franchise agreement.
Source: TGI Fridays Franchisor, LLC, 2026 filing, page 16
Royalty and ongoing fees
| Royalty | 5% of gross sales, paid monthly. |
|---|---|
| Brand or marketing fund | Currently 4% of gross sales as a system advertising contribution. |
Source: TGI Fridays Franchisor, LLC, 2026 filing, page 18
Sales and earnings
Shares figures TGI Fridays publishes sales or earnings figures for its locations: it gives average gross sales for 78 franchised restaurants for the 52 weeks to December 29, 2025. The full tables, with notes on which locations are counted, are in its filing.
Source: TGI Fridays Franchisor, LLC, 2026 filing, page 62
Locations opened and closed
| Year | Franchised | Company-owned | Closed |
|---|---|---|---|
| 2023 | 129 (−5) | 140 | 13 |
| 2024 | 80 (−49) | 39 | 49 |
| 2025 | 80 (0) | 0 | 28 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
Source: TGI Fridays Franchisor, LLC, 2026 filing, page 64
How TGI Fridays compares
Of the 59 restaurant franchises on this site, TGI Fridays is the 39th cheapest to open and the smallest by number of locations.
| Measure | TGI Fridays | Typical restaurant |
|---|---|---|
| Cost to open, low end | $1.36M | $846K |
| Royalty | 5% | 5% |
| Closed or left per year | 27.6% | 2.3% |
| Change in franchised locations, 3 yrs | −40.3% | +5.3% |
| Shares earnings figures | Yes | 49 of 59 |
Typical is the median across the 59 brands in restaurant franchises.
Other restaurant franchises
TGI Fridays franchise questions
Does TGI Fridays help with financing?
No. TGI Fridays does not offer financing or guarantee loans or leases, so buyers arrange their own, usually a bank or SBA loan.
Do TGI Fridays franchisees get a protected territory?
No. TGI Fridays grants the right to run one location but no exclusive area, so another TGI Fridays can open nearby.
Is TGI Fridays growing or shrinking?
Over the last 3 years 36 franchised locations opened and 90 closed or left, a net change of −40.3%. About 27.6% of locations closed or left each year. That is above the 2.3% typical for restaurant franchises.
How does TGI Fridays compare with other restaurant franchises?
Of the 59 restaurant franchises here, TGI Fridays is the 39th cheapest to open (low end $1.36M against a $846K median) and the smallest by number of locations. Its 5% royalty is in line with the 5% median.
Does TGI Fridays say how much franchisees make?
Yes: it gives average gross sales for 78 franchised restaurants for the 52 weeks to December 29, 2025. Your results can differ; the filing explains which locations are counted.
Where is TGI Fridays based?
TGI Fridays Franchisor, LLC is based in Dallas, Texas.