TGI Fridays – the legendary spot known for those iconic stripes, endless appetizers, and serious celebration energy – is going on a massive global growth spurt.
Sugarloaf TGIF Management, LLC, the company managing the brand, just announced huge development agreements that will bring over 100 new TGI Fridays restaurants to two key markets: India and Mexico! This landmark push proves that when people want to celebrate, they look straight for that signature Fridays flair.
India: 51 New Locations and a Familiar Face
The brand is making a particularly big splash in India, thanks to a master franchise agreement with USR Hospitality to develop 51 new locations. And here’s a fun fact for long-time fans: former TGI Fridays President and COO John Neitzel has joined the USR team to spearhead the expansion!
The new restaurants won’t just be popping up in traditional malls, either. USR has secured the exclusive right to develop franchised locations in airports nationwide. That means you can grab those legendary potato skins even while you’re jet-setting!
Prasoon Mukherjee, Chairman of USR, couldn’t be more excited, citing Neitzel’s deep understanding of the brand as a key factor to drive “unprecedented growth” in the market.
Mexico: Bringing the Party to Every Corner
South of the border, TGI Fridays is teaming up with MCO-Mexico for a 50-unit development and master franchise agreement. The plan here is ambitious: they want to open a flagship Fridays in all 32 state capitals and major cities across Mexico!
Alvaro Traconis, CEO and Founder of MCO-Mexico, sees this as a new regional strategy designed to bring the Fridays’ high-energy experience “to every corner of the country.” That’s right – get ready for that Fridays party vibe wherever you travel in Mexico.
Global Growth Validation
Phil Broad, President of TGI Fridays International Franchising, summed up the excitement perfectly: “From India to Mexico, we’re seeing the same thing everywhere: people want to celebrate, and TGI Fridays delivers that experience better than anyone.”
These deals, along with ownership transitions positioning the brand for continued success in the Philippines (where they plan to reach 40+ locations) and Spain, truly validate the brand’s enduring global appeal. When highly experienced local operators make investments of this size, you know the brand has global staying power.
Looks like the good times are about to roll out across the globe!
For more information: TGIFridays.com/franchise/