TGI Fridays Inks First Domestic Development Deal in Over 10 Years

TGI Fridays Inks First Domestic Development Deal in Over 10 Years

TGI Fridays Teams Up with Bliss Bites LLC to Open Five New Spots and Acquire Central Islip Location

An iconic casual dining brand is ramping up its American expansion plans. TGI Fridays has signed a brand-new multi-unit agreement with Bliss Bites LLC to develop five fresh restaurants across New York State. This deal stands out as the chain’s very first domestic growth agreement in more than 10 years.

This move moves the company forward in its “1-2-3 Strategic Vision,” a long-term plan aiming to reach more than 1,000 restaurants and $2 billion in annual revenue by 2030. Built on four core pillars – re-energizing the brand, expanding into flexible markets, strengthening its franchise network, and investing in team members – the plan pairs the chain’s long history with smart growth led by franchise partners.

New York holds deep roots for the company, which first opened its doors on Manhattan’s Upper East Side back in 1965.

“Growth only matters when it’s built with the right partners, and this five-restaurant development agreement is exactly what we envisioned for our “1-2-3 Strategic Vision,” said Ashley Kirkley, Chief Operating Officer of TGI Fridays. “We’re bringing passionate franchisees into the Fridays family, building in markets where this iconic brand belongs, and creating restaurants that deliver the energy, hospitality, and celebration our guests expect from Fridays. Guests are increasingly looking for casual dining that delivers real value without sacrificing experience, and Fridays is well positioned to meet that demand as we grow. New York is an important part of our domestic growth story, and we’re excited to welcome our newest franchisee.”

Experienced Leadership Driving Expansion

Bliss Bites LLC is headed by Owner and Managing Director Vinod Chand, a industry veteran who brings over 35 years of hospitality experience to the table. Beyond building five new locations over the next three years, Bliss Bites has taken over operations of the existing TGI Fridays restaurant in Central Islip, bringing its overall portfolio to six locations in the state.

Chand was drawn to the chain’s culture of celebration, bold food offerings, and strong corporate support for franchise operators.

“TGI Fridays is an iconic, one-of-a-kind brand backed by an incredible team that celebrates its guests and takes real pride in Americana hospitality,” said Vinod Chand, Owner and Managing Director, Bliss Bites LLC. “Between our restaurant in Central Islip and the new locations we’re planning across New York, we’re building on a brand I already believe in, backed by the kind of corporate support that makes long-term growth possible. This is just the beginning.”

TGI Fridays was founded in 1965 and operates nearly 400 restaurants in almost 40 countries.

 

RestaurantRecruiter.com RestaurantFoodCost.com

Restaurant-Owner.com Restaurant-Manager.com