Twin Hospitality Group Inc., the parent company behind fan favorites like Twin Peaks and Smokey Bones, just announced a major power move: the intention to acquire eight top-performing Twin Peaks franchise locations across Florida.
The strategic deal, valued at approximately $47 million in cash, is a huge vote of confidence in the Sunshine State. While Twin Hospitality remains focused on expanding through franchising in the long term, this was simply an opportunity too good to pass up in a key growth market.
The Peaks of Performance
The acquisition will bring some of Florida’s highest-performing Twin Peaks joints under direct company ownership. If you frequent the locations in Davie, Fort Myers, West Palm Beach, Pembroke Pines, Hollywood, Cypress Creek, Doral, or Naples, get ready for a seamless transition.
The reasoning behind the move is simple: these places are already crushing it.
“We are delighted to bring proven, high-performing franchise locations into our corporate portfolio,” said Kim Boerema, CEO of Twin Hospitality Group. “These are some of our top performing restaurants, and Florida has consistently demonstrated strong performance as a key market for Twin Peaks.”
From a business standpoint, the transaction is expected to contribute a massive $76 million to $77 million in annual revenue, further strengthening the company’s financial flexibility – all good news for the future of the brand!
The acquisition is currently in the works and is expected to officially close in the first quarter of 2026. Until then, you can keep enjoying those ice-cold beers and made-from-scratch pub favorites at your favorite Florida location.
Founded in 2005 in the Dallas suburb of Lewisville, Twin Peaks operates 114 locations in the U.S. and Mexico. Twin Peaks is the ultimate sports lodge featuring made-from-scratch food and the coldest beer in the business, surrounded by scenic views and wall-to-wall TVs. At every Twin Peaks, guests are immediately welcomed by a friendly Twin Peaks Girl and served up a menu made for MVPs. From its smashed and seared-to-order burgers to its in-house smoked brisket and wings, guests can expect menu items that satisfy every appetite. To learn more about franchise opportunities, visit TwinPeaksFranchise.com. For more information, visit TwinPeaksRestaurant.com.
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