Incredibly exciting news yesterday as we celebrated the latest opening from TGI FRIDAYS Australia at Frankston, which marks the 20th TGI Fridays location nationally and the eighth location in Victoria! This expansion continues to represent significant growth for Signature Hospitality Group. From humble beginnings with a pub in Geelong, we have grown to 48 venues across Australia under the Signature umbrella. As we open the doors to our 48th venue and reflect on the journey so far, there are three key areas that have been critical to our growth. PEOPLE FIRST Our business is all about people, and with TGIF Frankston now open we have 2000 amazing team members! Our growth wouldn't be possible without the best people, including these team members, suppliers, and franchise partners. Franchise models provide the ability to bring incredible people into your brand and drive it locally, enabling you to focus on the core corporate services delivering economies of scale and growth. We are driven by a customer first culture and commitment to drop everything to prioritise the guest. FOCUS We are disciplined in our focus on core business without distraction. Our business models are each clearly defined and have strong brand identity within the markets they serve. We've had many opportunities come up that were outside our wheelhouse, but we've found that the best return on our capital is scaling our own models. GROWTH MINDSET Lastly, we always keep an eye out for synergistic acquisitions within our wheelhouse. For example, we acquired TGI Fridays in 2017, taking us from 8 locations to 18 overnight, and then again in 2022, we acquired Varsity Group Australia , growing from 38 locations to 45. Our growth mindset ensures our team approach is to minimise the downside, then have a crack! We are most grateful for our journey so far, but we are not stopping here. We are excited for what the future holds for Signature Hospitality Group and our venues. #hospitality #peoplefirst #focus #growthmindset #tgifridays #sportingglobe #varsity
Well done, it’s a fantastic spot!
Great work! Popped my head in today and the fit-out looks great with good energy from the team. Kudos to those involved and welcome to town
Well done James!! Fantastic achievement to reach 48 locations across Australia!
Well done James. You’re an inspiration!
Outstanding James & team! I was there for your first launch in Geelong. So many great memories mate 👌
Nice to see one of my favorite brands up on the up.
Founder & Director at Ready Media Group
1yCongrats on your journey and success to date. Look forward to seeing the 100th opening.