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TGI Fridays is returning to Las Vegas, with plans to open five restaurants over the next three years.
LVP Food Services Concepts, an entity of LV Petroleum, will have sole ownership of the Las Vegas market and will open both traditional and nontraditional restaurants, such as inside a hotel and casino, according to a Monday announcement.
The comeback follows the closure of all four of TGI Fridays’ Vegas-area restaurants last year amid a turbulent period for the chain that included a bankruptcy filing. Nevada currently has no TGI Fridays locations.
LVP Food Services Concepts isn't new to the local restaurant scene. Its portfolio already includes familiar names such as Black Bear Diner, KFC, Del Taco, Dunkin' and Rally's.
"The Las Vegas restaurant landscape needs well-known, accessible brands that provide guests with craveable food and bold flavors,” Jeanette L. Davis, senior vice president at LV Petroleum, said in a statement.
Vegas is the latest piece of TGI Fridays' comeback plan as it looks to rebuild through franchising after bankruptcy. In September, the chain signed its first U.S. franchise agreement in more than a decade, partnering with Bliss Bites to open five restaurants across New York over the next three years.
