, 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…