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twin peaks

franchise developmentNewsrestaurants

Twin Peaks Hits Key Growth Milestone with 100th Opening

by Katie Lee

Indianapolis — Twin Peaks Restaurant celebrated its 100th lodge opening on June 2 in the Indianapolis suburb of Greenwood, Ind. From the time Twin Peaks CEO Joe Hummel opened his first lodge in the Atlanta area as a franchisee, it took Twin Peaks 12 years to reach its centennial location. The brand is now expected to expand even faster, having already opened four new locations — with 12 more lodges in seven new markets scheduled to open — this year alone. Twin Peaks anticipates 20 per year opening in the …

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franchise developmentNewspeoplerestaurants

Twin Peaks Adds New VP of Franchise Sales & Development

by Katie Lee

Dallas — As Twin Peaks Restaurant continues the march toward its 100th restaurant, it will turn to a new leader to oversee its increased growth across the country and more markets around the globe. Industry veteran Ray Bodnar is joining the brand’s team as vice president of franchise sales and development. Bodnar, who was most recently director of franchise sales for Captain D’s, brings more than 18 years of experience in franchising, enterprise sales and business development. “Our goal in 2023 and beyond is to start painting the globe buffalo …

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franchise developmentNewsrestaurants

Twin Peaks Expects to Surpass 100 Locations this Spring

by Katie Lee

Dallas — FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Twin Peaks Restaurant and 16 other restaurant concepts, enjoyed another strong year in 2022. The sports lodge concept opened nine new lodges, while also signing four new area development agreements (ADAs) to add 26 future lodges in the U.S. and one ADA in Mexico for an additional 32 lodges. These agreements are expected to allow the brand to surpass the 100-restaurant milestone by spring. “We’re proud of the work our teams put in to ensure that Twin Peaks stays …

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franchise developmentNewsrestaurants

FAT Brands Added 362 Stores to Development Pipeline in 2022

by Katie Lee

Los Angeles — FAT (Fresh. Authentic. Tasty.) Brands Inc., a leading global franchising company that owns a number of restaurant brands, including Johnny Rockets, Fatburger, Round Table Pizza, Twin Peaks, Fazoli’s and 12 other concepts, has experienced a historic year of growth, opening 142 new stores in 2022 and adding a total of 362 stores to its development pipeline which spans 29 states and 17 countries. Leading the way in new store development amongst FAT Brands’ concepts was Fatburger and Buffalo’s Express with 86 stores, Fazoli’s with 61, Round Table …

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franchise developmentNewsrestaurants

FAT Brands Reaches Milestone with 100th Store Opening in 2022

by Katie Lee

Los Angeles — FAT (Fresh. Authentic. Tasty.) Brands Inc., a leading global franchising company that owns restaurant brands including Johnny Rockets, Fatburger, Round Table Pizza, Twin Peaks and 13 other concepts, has opened a record-breaking 100 new franchised locations so far this year, and is poised for further growth, with approximately 25 additional stores slated to open by year end. This is the first year since the company’s inception in 2017 that it has surpassed 100 openings in a year. Following a year of strategic acquisitions in 2021, the company …

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franchise developmentNewsrestaurants

After Historic Development Year, Twin Peaks Plans 20 New Locations in 2022

by Katie Lee

Los Angeles — FAT Brands Inc., parent company of Twin Peaks and 16 other restaurant concepts, has seen Twin Peaks navigate various recent hardships facing the restaurant industry and emerge stronger than before, consistently increasing sales and generating growth over the past 2 years. “Twin Peaks continues to be a leader across all metrics of the casual dining space,” says Joe Hummel, CEO of Twin Peaks. “Our team is relentless in the pursuit to make Twin Peaks a worldwide brand, and we’re so happy about the huge steps we took …

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franchise developmentNewsrestaurants

FAT Brands to Acquire Arizona-Based Native Grill & Wings for $20 Million

by Katie Lee

Los Angeles — FAT (Fresh. Authentic. Tasty.) Brands Inc. has agreed to acquire Native Grill & Wings, an Arizona-based restaurant chain, for $20 million from Wingtime, LLC, a subsidiary of Cybeck Capital Partners, LLC. Marking FAT Brands’ third chicken wing concept, the acquisition of Native Grill & Wings will be funded with cash from the issuance of new notes from the company’s securitization facilities and is expected to close in mid-December 2021. With the acquisition of Native Grill & Wings, FAT Brands will have more than 2,300 franchised and corporate-owned …

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Twin Peaks to be Sold to FAT Brands for $300 Million

by Katie Lee

New York City — An affiliate of Garnett Station Partners, LLC, a New York-based principal investment firm, has agreed to sell Twin Peaks, a national sports bar & grill franchise company, to FAT Brands for $300 million. Twin Peaks is based in Dallas and was founded in 2005. “Twin Peaks is a truly unique concept within the casual dining industry, with a best-in-class management team and committed franchisees, as demonstrated by its significant growth and consistently strong financial results throughout its partnership with Garnett Station,” says Matt Perelman, partner at …

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Newsremodelsrestaurants

Twin Peaks Reopens in Austin, Texas, After Remodel

by Katie Lee

Austin, Texas — The first Twin Peaks restaurant in the Austin area, which originally opened in 2007, got a lift and reopened its doors with a fresh new look on March 7, 2020. Since that time, due to COVID-19 concerns, in-house diners will have to wait a little longer to enjoy the interior renovations. The restaurant remains open for to-go orders only. Twin Peaks’ restaurant renovations include an updated interior with enhanced dining areas, a modernized furniture and décor package to include all-new contemporary finishes and completely remodeled restrooms. Out …

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Twin Peaks Reveals Newly Remodeled Restaurant

by Katie Lee

Round Rock, Texas — The Twin Peaks restaurant in Round Rock, Texas, which first opened in 2008, recently reopened after a significant remodel. Twin Peaks updated its interior to provide the best experience possible for its guests. Restaurant renovations include a complete revamp of the bar for more seating, an increase of beer taps from 12 to 24 and expanded bourbon and whiskey offerings. In addition, dining areas have been updated with larger communal tables, a modernized furniture and décor package and completely remodeled restrooms to include all new modern …

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