BENSALEM TOWNSHIP, PA —TGI Friday’s has shuttered its Street Road location as the national chain goes through bankruptcy procedures.
Posters on Bensalem’s Facebook community pages reported that the restaurant closed its doors last week. Patch called the eatery on Tuesday to find its phone number disconnected in trying to reach the local location.
The closure marks the second for the eatery in Lower Bucks County.
TGI Fridays has closed many of its locations since last year and is considering filing for bankruptcy, according to Bloomberg.
In January, TGI Fridays announced the closures of 36 “underperforming” restaurants.
TGI Fridays is preparing to file for Chapter 11 bankruptcy in the near future, Bloomberg reported last week. The company blamed rising interest rates, heavy debt, and increased competition, Bloomberg said.