Light Rain Fog/Mist 47°
Tag:

Business Sale

Business
TGI Fridays Closing 2 Long Island Locales, 30 Total Eateries Across Northeast TGI Fridays Closing 2 Long Island Locales, 30 Total Eateries Across Northeast
TGI Fridays Closing 2 Long Island Locales, 30 Total Eateries Across Northeast TGI Fridays is closing nearly 30 "underperforming" locations across the northeast and will sell eight restaurants to the chain's former CEO, the chain said in a news release. The 27 closures include restaurants in Connecticut, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, and Virginia. In total, 36 TGI Fridays locations are shutting down nationwide. The company says about 1,000 employees, which represent more than 80% of those impacted, will be offered transfer opportunities. "As we continue along our path of transformation to revitalize the Fridays brand and …

SHARE

by Chris Spiker
Business
‘Not Done Lightly’: Popular Lynbrook Restaurant Changing Hands After 15 Years ‘Not Done Lightly’: Popular Lynbrook Restaurant Changing Hands After 15 Years
‘Not Done Lightly’: Popular Lynbrook Restaurant Changing Hands After 15 Years This story has been updated. A popular Long Island restaurant known for its casual American cuisine is changing hands after 15 years in business. McQuades Neighborhood Grill, located in Lynbrook at 275 Merrick Road, has been sold to new owners, restaurant owner Jim McQuade revealed in a Facebook post Monday, Jan. 2.  “The decision to sell after 15 years of serving you, getting to know you and making you part of our McQuade's family was not done lightly,” he said. “Our family business has been going steadily for many years and has been a wonderful experience for us. Lynbrook and the surro…

SHARE

by Michael Mashburn