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TGI Fridays® Expands Global Presence in Asia with Most Significant Development Agreement in Company History

TGI Fridays to open four new outlets, create at least 150 jobs in Singapore

To offset high rental costs in the Republic, the franchise is aiming to open outlets within popular hotels. Read more at straitstimes.com.

TGI Fridays® Expands Global Presence in Asia with Most Significant Development Agreement in Company History

TGI Fridays Expands Global Presence in Asia with Most Significant Development Agreement in Company History

The U.S.-based company has partnered with Master Franchisor, Universal Success Enterprises, to bring an authentic Fridays experience to over 75 new locations in South and Southeast Asia DALLAS, Sept. 16, 2022 /PRNewswire/ TGI Fridays announced today the development of 75 new restaurants throughout South and Southeast Asia over the next 10 years in partnership with Master Franchisor Universal Success Enterprises. The deal, which is expected to drive over $500MM in revenue for the U.S.-based company over 10 years, is the most significant development agreement to date for the brand. This latest development deal is core to TGI Fridays' strategic global expansion strategy - as growth of the casual restaurant category internationally continues to thrive. And with 385 franchised restaurants in over 52 countries - including 22 new locations opening in 2022 alone - the brand's recipe for overseas growth is rooted in its DNA. "We're thrilled to bring the TGI Fridays brand - an

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