The franchising of Friday’s was largely accidental.
“But the second actual T.G.I. Friday’s was in Memphis, Tennessee. I didn’t pick it — they picked me. The original bar was two years old, and it had national recognition at that point. Somebody came in and said, ‘I’m from Memphis, Tennessee, and I own a shopping area down there with room for one of these. Will you sell me a franchise?’
I have to admit that I didn’t know what the word franchise meant. So I said, ‘If you have the money, I’ll be the partner and I’ll show you how to do it, and we’ll split it 50/50.’ We shook hands and a year and a half later, we opened up a T.G.I. Friday’s in Memphis…. Before I knew it I had five or six T.G.I. Friday’s round the country. It wasn’t pre-planned at all.”
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