All Brands Owned by TGI Friday's, Inc.

Is TGI Friday's publicly traded?
No, TGI Friday's, Inc. is not publicly traded. The company is privately held by Tilman Fertitta, who acquired it in 2018 for approximately $250 million. Fertitta owns the company through his holding company, Fertitta Entertainment, Inc. The company previously traded on the New York Stock Exchange from 1983 until it was taken private in 1989.

Who owns TGI Friday's?
TGI Friday's, Inc. is owned by Tilman Fertitta, a billionaire entrepreneur who also owns Landry's restaurant group, the Houston Rockets NBA team, and the Golden Nugget casinos. Fertitta acquired TGI Friday's in 2018 from Sentinel Capital Partners for approximately $250 million. The company operates as a subsidiary of Fertitta Entertainment, Inc.

When was TGI Friday's founded?
TGI Friday's was founded in 1965 by Alan Stillman on First Avenue and 63rd Street in New York City. Stillman was a perfume salesman who borrowed $5,000 to open a bar and restaurant. The name came from the phrase "Thank God It's Friday." The original concept was a place where young single professionals could meet and socialize.

How many TGI Friday's locations are there?
TGI Friday's operates approximately 400 restaurants across 40 countries as of 2025. Approximately 164 locations are in the United States, with the remainder in international markets including the United Kingdom, Southeast Asia, the Middle East, and Latin America. The US store count declined from approximately 300 before the 2024 bankruptcy to approximately 164 after the bankruptcy process.

Did TGI Friday's file for bankruptcy?
Yes, TGI Friday's filed for Chapter 11 bankruptcy in November 2024. The filing affected only the US company-owned restaurants, not the international franchisees. During the bankruptcy process, approximately half of the domestic restaurants closed. The company emerged from bankruptcy in early 2025 with a restructured debt load and a new CEO, Ray Blanchette.

What is TGI Friday's annual revenue?
TGI Friday's reported approximately $1 billion in total revenue in 2024, with about 60% coming from international operations. The company does not file public financial statements as it is privately held. Financial information is based on bankruptcy court filings and industry estimates. The company's goal is to reach $2 billion in revenue by 2030.

Who is the CEO of TGI Friday's?
Ray Blanchette is the CEO of TGI Friday's, Inc. Blanchette was reappointed in 2025 to lead the company's post-bankruptcy revival. He previously served as CEO from 2018 to 2023 and worked at the company from 1989 to 2007. Blanchette has extensive experience in the restaurant industry and has been tasked with doubling the company's global footprint to more than 1,000 restaurants by 2030.