TGI Fridays Adds 50 Units to Peru, Japan

TGI Fridays has signed several deals that will bring more restaurants to Peru and Japan. Sugarloaf TGIF Management, which manages the global brand, will work with long-time franchise partners Franquicias Alimentarias S.A. and Watami Co. Ltd. to develop 50 new restaurants. The brand currently as 30-plus restaurants across the two countries.

In Peru, franchise partner Diego Roca, founder of Franquicias Alimentarias, will lead the brand’s growth from 20 restaurants to as many as 30. “This new agreement reflects our confidence in the brand and the appetite we see for TGI Fridays across Peru,” Roca says in the release.

In Japan, the brand aims to grow in new trade areas with traditional and urban store models. In dense city centers, the brand is using a small-format footprint that it says “preserves its bar-forward theater while optimizing the kitchen line and seating mix to lift throughput and productivity per square meter.”

TGI Fridays operates nearly 400 restaurants in close to 40 countries and has plans to open 1,000 restaurants globally.

Also at the international level, Dave’s Hot Chicken recently signed a deal that will add 180 restaurants across 10 European countries.