Bankrupt TGI Fridays closes down one of last remaining locations in city as recent diners call chain ‘a ghost town’

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T.G.I. Friday's sign.
Undated file photo of a TGI Friday’s sign. The UK operator of TGI Fridays has gone into administration as the hospitality firm scrambles to sell its chain of 87 restaurants across the country. Hostmore said it had appointed administrators from Teneo after plans to buy the US restaurant chain collapsed earlier this month. The company is in the process of trying to sell the UK restaurants to new owners, which it hopes to complete by the end of September. Issue date: Wednesday September 18, 2024. PA Photo. See PA story CITY Hostmore. Photo credit should read: Chris Ison/PA Wire
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TGI FRIDAY’S in Riverhead has officially closed its doors, marking the end of an era for one of the last remaining locations for the chain on Long Island.

A notice posted on the restaurant’s door confirmed the closure on Monday.

TGI Fridays closure notice.
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The sign was found on Monday[/caption]

Dumpster overflowing with debris outside a TGI Fridays restaurant.
Furnishings were seen inside outdoor containers

The Long Island TGI Friday’s was an original tenant of the Riverhead Centre since the shopping complex’s opening in 2003.

It was the final standing location of the area, with other restaurants in Rockville Centre and Westbury closing late last year.

The chain has also seen several of its Long Island locations shutter in recent months.

Earlier closures include locations in Suffolk and Nassau counties.

LAST GOODBYE

In Facebook post published in the Retail Dead or Alive group on Monday, reposted the news from a local newspaper, with signage confirming the closure.

The sign read, “We regret to inform you that Fridays has made the difficult decision to close our doors at RIVERHEAD, NY.”

The message continued, “Effect January 27, 2025.”

“We are extremely grateful to our loyal guests and our team members at the Riverhead restaurant.

“Unfortunately, we do not have a nearby location.”

The note ended with, “Look for us in airports and other cities across the country.”

This indicated the chain has no plans to come back to Long Island.

Once rebranded simply as “Fridays” for a period, the Riverhead TGI Fridays outlasted numerous other tenants after the pandemic.

GHOSTING

Reflecting on the challenges the location had been facing before its closure, a Facebook user commented on the post.

“I was at the one in Riverhead three months ago. It was a ghost town and little staff,” they shared.

The closure comes after the company’s parent entity, TGI Fridays Inc., filed for Chapter 11 bankruptcy protection in October of the previous year.

They cited financial struggles exacerbated by the pandemic.

Restaurant closures in 2024

BOSSES at major dining chains have announced a series of restaurant closures. The U.S. Sun has compiled a list of the chain's affected.

  • Cracker Barrel: Stores in Medford, Oregon, Columbia, South Carolina, and Sacramento, California, have closed.
  • Mod Pizza: Bosses dramatically shuttered 27 shops in April, including some in the state of California.
  • Frisch’s Big Boy: Restaurant chiefs confirmed the closure of a restaurant in Covington, Kentucky in April.
  • Outback Steakhouse: The chain will shutter 41 ‘underperforming’ locations this year.
  • Two Bucks: Four restaurants in Ohio closed in April.
  • Chili’s: A restaurant in Port Arthur, Texas, has shut permanently as well as one in Irvine, California, and one in Pittsfield, Massachusetts.
  • Friendly’s: Bosses confirmed an establishment in Ronkonkoma, Long Island will close.
  • Pizza Hut: A restaurant in Glen Falls, New York, closed at the end of March, followed by four in Ohio in June and 15 in Indiana. This was followed in July by a bankruptcy filing from its parent company which announced the closure of 150 locations.
  • Carl’s Jr.: The first Boise, Idaho location has closed.
  • In-N-Out: An Oakland location closed earlier in the year due to crime in the area.
  • Cheesecake Factory: The chain is set to shutter a location in Memphis, Tennessee in July.
  • Applebee’s: Announced the closure of between 25 and 35 locations this year.
  • Red Lobster: The seafood chain filed for bankruptcy in May and shuttered over 100 locations.
  • Taco John’s: Shuttered a restaurant in Minnesota and put the building up for sale in May.
  • Frisco’s Chicken: The poultry restaurant shuttered all of its locations over the summer
  • Rubio’s Coastal Grill: Has announced the closure of 48 locations in California after filing for bankruptcy.
  • Burger King: Shuttered a location in California in June after 30 years.
  • Foster’s Freeze: Shuttered a location in California after five decades in business due to financial struggles.
  • Chicken Salad Chick: After nine years the restaurant shuttered one location in Jacksonville, Florida, with no reason given.
  • México Lindo: The New York City-based restaurant announced its final day after 52 years and finally shuttered its doors for good on July 31.
  • American Dream Pizza: Closed all of its locations in Oregon in July.
  • Tender Greens: The Southern California-based chain filed for bankruptcy.
  • Lefty’s Famous Cheesesteaks, Hoagies, & Grill: Abruptly shuttered 18 locations in July due to a family feud.
  • Firehouse Subs: Shuttered a location in the Tri-Cities area of Washington State over the summer citing “unforeseen circumstances”
  • Taco Time: The Taco Bell rival shuttered a location in Seattle after 50 years following a death in the franchise owner’s family.
  • Burgerim: Shuttered a location in Burlington, Massachusetts in July, reigniting bankruptcy fears from 2020.
  • Denny’s: The chain has shuttered over 40 locations so far this year with the owner of the one outlet blaming vandalism.
  • Starbucks: The chain shuttered one of its most iconic locations in New York City after almost three decades with fans blaming crime. It also lost a location in Seattle.
  • Subway: In August, the sandwich chain shuttered over 20 locations across the US and Canada after a franchisee lost money after being a victim of fraud.
  • IHOP: A restaurant in New Hampshire shut its doors after 24 years, leaving four locations in the state.
  • Switchback Coffee Roasters: The popular chain filed for bankruptcy in August after over a decade in business.
  • Jimmy John’s: The sandwich shop chain shuttered a location in Nevada on August 19 after 12 years citing overexpansion issues.
  • KFC: Closed the remaining three locations in Rockford, Illinois all on the same day on August 19. In total, it closed six locations across four cities in Illinois.
  • Rusty Bucket: The chicken shop chain confirmed it would officially leave Florida as it announced a handful of closures including in Sarasota and Ohio.
  • Buca di Beppo: The Olive Garden rival abruptly shuttered 44 locations across five states before filing for bankruptcy.
  • Red Robin: Announced the closure of its Ashburn, Virginia location on August 25 after 15 years in business.
  • Noodles & Company: Shuttered dozens of locations due to their contribution to around $2 million worth of losses.
  • Shoney’s: The classic American-style food chain founded in 1947 officially exited Ohio after three decades of business as it reduced its operational footprint.
  • Homegrown: The sandwich chain based in Seattle announced the closure of 10 locations leaving 150 employees in the lurch.
  • World of Beer: Filed for bankruptcy after closing 14 outlets.
  • Arby’s: The chain announced a number of closures this year including in Lexington, Kentucky, Akron, Ohio,
  • Uno Pizzeria & Grill: Shuttered a location in New Jersey in July, leaving just two in the state, followed by the closure of a Baltimore location in August.
  • Hart House: Shutterd all four locations in California in September just two years after the vegan fast-food restaurant chain was launched by actor and comedian Kevin Hart.

As part of the bankruptcy proceedings, TGI Friday’s NY LLC, which oversaw the Riverhead location, reported a significant net loss of $213,745 for the period between November and December 2023.

As the restaurant industry continues to recover from the impacts of the pandemic, the fate of TGI Fridays’ remaining locations is uncertain.

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