The closing sports lodge used to be bought by FAT Brands Inc., ranked high 5 in Knapp-Phrase’s informal dining phase, opened three glossy locations and further in third quarter
The closing sports lodge’s persevered success caught the attention of mega restaurant idea FAT Brands Inc. and used to be bought by the firm in October for $300 million. The acquisition marked FAT Brands’ entry into the polished informal dining category, which Twin Peaks is persevering with to lead, in line with Knapp-Phrase. The records analytics firm ranked Twin Peaks as one amongst the high 5 ingesting locations in the informal dining phase for all of 2021, including July, August and September.
“Twin Peaks’ successful bound this twelve months has positively been impressing folks,” said Twin Peaks CEO Joe Hummel. “We caught the explore of FAT Brands, and we’re inflamed to reward them every little thing our mark is able to. With our aggressive voice strategy and ambitious Knapp-Phrase outcomes, Twin Peaks displays no signs of slowing down.”
Driving domestic and worldwide pattern remained on the forefront for Twin Peaks in the third quarter. The firm opened two motels in Cypress Creek, Florida and Bryan, Texas, as properly as expanded in Latin The us with the outlet of its 2d Mexico Metropolis restaurant. For the leisure of 2021, Twin Peaks has six extra openings coming down the pipeline. Three of the glossy stores slated to birth out are a outcomes of Twin Peaks adding to its longstanding presence in the Lone Star Converse by launching company store growth in Amarillo, Burleson, and Enormous Prairie, Texas.
“Whereas Twin Peaks has handiest been a phase of FAT Brands for a month, we couldn’t be extra impressed with their extremely strong performance as of current,” said FAT Brands CEO Andy Wiederhorn. “We live up for building upon their strong pattern pipeline to raise the iconic Twin Peaks expertise to even extra guests across the globe.”
Along with introducing Twin Peaks to glossy markets, the logo signed a franchise deal in July with Ricky Warman and Mike Cothern to bring the sports viewing expertise to Daytona Seaside. Warman, a properly-established franchisee for diversified manufacturers equivalent to First Look, Papa John’s and an reward Twin Peaks in Citadel Myers, Florida, expects to birth out three glossy motels in the predicament, with the fundamental of the glossy ingesting locations anticipated to birth out in tumble of 2022.
To soar originate up the closing quarter, Twin Peaks fair lately performed an predicament pattern settlement with the prolific franchise neighborhood VegasTP Inc. to compose four motels in Las Vegas and Reno. The firm additionally expects to ink three extra franchise deals for a total of practically 30 stores all around the Gulf Flee, Tampa and Philadelphia.
Because the depart-to commute space for the closing gameday expertise, Twin Peaks’ culinary team has been consistently leaning into menu innovation to gasoline fans with their current made-from-scratch food. The emblem kicked off football season with the originate of shareable Loaded Fries, intelligent meatball sandwich and appetizer, glossy cruise sauces and further, which maintain become fan favorites. Taking a watch into Q4, Twin Peaks plans to level up its dining expertise even further with extra delicious food and beverage offerings. The emblem is currently testing flatbreads in numerous locations and anticipates that with the addition of pizza ovens, flatbreads would possibly well presumably become a staple in all of its stores in the lengthy scoot. Twin Peaks is additionally engaged on its persevered national originate of its virtual idea – Correct as Cluck – and can take a look at Crispy and Road Tacos, Cinnamon Toast Crunch Cheesecake and S’mores Chocolate Cake in hold out markets across the nation.
“Our mark has experienced amazing voice up to now this twelve months, from spectacular market growth to elevating our sturdy culinary and beverage offerings,” Hummel said. “We can’t wait to maintain this high-energy momentum into 2022.”
To be taught extra about Twin Peaks, focus on about with twinpeaksrestaurant.com.
About FAT (Novel. Real. Tasty.) Brands
FAT Brands (NASDAQ: FAT) is a leading worldwide franchising firm that strategically acquires, markets and develops mercurial informal, like a flash provider, informal dining, and polished informal dining concepts across the sphere. The Firm currently owns 15 restaurant manufacturers: Round Desk Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Twin Peaks, Nice American Cookies, Hot Dog on a Stick, Buffalo’s Cafe & Instruct, Storm Grill & Wings, Pretzelmaker, Elevation Burger, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 2,100 devices worldwide. For added recordsdata on FAT Brands, please focus on about with www.fatbrands.com.
About Twin Peaks
Founded in 2005 in the Dallas suburb of Lewisville, Twin Peaks now has 85 locations in the US and Mexico. Twin Peaks is the closing sports lodge that consists of made-from-scratch food and the coldest beer in the industry surrounded by scenic views and basically the most contemporary in high-definition TVs. At every Twin Peaks, guests are immediately welcomed by a nice Twin Peaks Girl and served up a menu made for MVPs. From its smashed and seared to expose burgers to its in-home smoked brisket, pork and wings, guests can inquire menu devices able to enjoyable every appetite. To be taught extra about franchise opportunities, focus on about with twinpeaksfranchise.com. For added recordsdata, focus on about with twinpeaksrestaurant.com.
Forward Taking a watch Statements
This press originate accommodates forward-attempting statements interior the that means of the Deepest Securities Litigation Reform Act of 1995, including statements pertaining to to the lengthy scoot financial and working performance of Twin Peaks and FAT Brands Inc., the skill to birth out glossy Twin Peaks stores under pattern, and FAT Brands’ skill to habits future accretive and successful acquisitions. Forward-attempting statements replicate administration’s expectations about the lengthy scoot and are discipline to well-known industry, economic and aggressive risks, uncertainties and contingencies, including, but no longer exiguous to, the hazards and uncertainties surrounding the severity, duration and effects of the COVID-19 pandemic. These risks, uncertainties and contingencies are hard to predict and past our control and can reason our right outcomes to fluctuate materially from these expressed or implied in such forward-attempting statements. We refer you to the documents that FAT Brands files infrequently with the Securities and Exchange Commission, equivalent to its experiences on Fabricate 10-Okay, Fabricate 10-Q and Fabricate 8-Okay, for a dialogue of these and diversified risks and uncertainties that can perhaps well presumably reason our right outcomes to fluctuate materially from our current expectations and from the forward-attempting statements contained in this press originate. We undertake no duty to update any forward-attempting commentary to replicate occasions or conditions occurring after the date of this press originate.
- Extra from Twin Peaks