Twin Peaks


Up to 40 Smokey Bones could become Twin Peaks under new owner

Fat Brands, which owns both chains, said the conversions will fuel the 103-unit Twin Peaks as it heads toward a planned 2024 IPO.


Fat Brands readies Twin Peaks for 2024 IPO

The company said it will look to acquire similar concepts and convert them to Twin Peaks as it aims to reach 200 locations in the next several years.

The brand collector plans to offer shares of the casual-dining chain to the public but will remain its majority owner.

The Bottom Line: The owner of Twin Peaks, Johnny Rockets and Fazoli’s has shifted its attention to more targeted acquisitions and could spin off or sell some assets.

This offshoot of the full-service Tony Roma’s barbecue brand is designed for nontraditional and smaller spaces.

Jeremy Theisen joins the Twin Peaks and Fazoli's parent after two decades of expanding startups.

The casual-dining chain, owned by Fat Brands, has seen strong sales this year. And its sales are up in Florida.

The owner of Johnny Rockets and Twin Peaks is making its fourth deal this year with the acquisition of its third chicken wing chain.

The multiple Fat Brands is paying for the casual dining chain has raised some eyebrows. But it is indicative of a deal that is different from the company’s other acquisitions, says RB’s The Bottom Line.

After a pandemic pause last year, operators are stepping up food and drink promotions to lure fans as the NFL and college football season kicks off.

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