TGI Fridays in North Watford is set to close, but its High Street branch will remain open after a deal was struck to save more than half the chain's restaurants.
The American company went into administration on September 18, but has now reached an agreement with Breal Capital and Calveton UK.
Today (October 7) a list of restaurants that will close has been published, with the St Albans Road eatery among those being axed.
However, the High Street branch will be one of 51 to remain open.
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Julie McEwan, chief executive of TGI Fridays UK, said: "TGI Fridays is a much-loved brand with a rich heritage.
"The news today marks the start of a positive future for our business following a very challenging period for the casual dining sector as a whole.
"We look to the future with confidence that the TGI Fridays brand will continue to attract loyal and new guests."
A spokesperson for the new owners said: "We are delighted to be working with such an enthusiastic and committed management team to both modernise the business and capitalise on the heritage of this iconic brand."
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