According to a couple of sources, a "For Lease" sign is now up at the storefront in Coolidge Corner where The Friendly Toast had been looking to open, and a message from the group of restaurants confirms that they have decided not to move forward with the Beacon Street location at this point in time. They do tell us that plans to open outlets in Burlington and Bedford, NH, remain on, however, and those locations will join existing ones in Boston's Back Bay, Cambridge's Kendall Square, and Portsmouth, NH.
The space that The Friendly Toast had been looking at was previously home to Yasu, which shut down in early 2016 after approximately a decade in business.
The website for The Friendly Toast can be found at https://www.thefriendlytoast.com/
[Earlier Articles]
The Friendly Toast Plans to Open in Brookline's Coolidge Corner
The Friendly Toast Plans to Open in Former Bobby's Burger Palace Space at the Burlington Mall
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[A related post from our sister site (Boston's Hidden Restaurants): List of Restaurant Closings and Openings in the Boston Area]