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Twin Peaks

Full company profile

uuid00021tx

Namestring
Twin Peaks
Legal namestring
Twin Restaurant Holding, LLC
Company typeenum
Private
Founded yearint
2005
Descriptiontext

Twin Peaks is a US-headquartered sports-lodge restaurant chain founded in 2005 in Dallas, Texas, operating 116 restaurant locations across the United States and Mexico as of March 2026. The concept combines scratch-made American food (hand-cut steaks, fresh wings, hand-smashed burgers, house-smoked items), proprietary 29° draft beer, and wall-to-wall sports television coverage including exclusive UFC fight-night programming. The company serves adult consumers seeking a combined sports-viewing and casual-dining experience, with primary customer segments identified as sports enthusiasts/game-day diners and broader casual-dining consumers.

The business operates through a hybrid company-owned and franchise model, with named franchisees including 3BMgmnt Inc., JEB Food Group, and Operadora 2 Montes. A subsidiary, Twin Peaks Brewing Co., operates a full-scale in-house brewery in Irving, Texas, producing four signature beers plus seasonal limited editions distributed to 27 Texas locations; the recipes have won multiple industry medals (Great American Beer Festival 2015; Little Brew Fest 2017-2019; World Brew Cup 2018). Ancillary consumer-facing products include online ordering through OLO, the Peaks Club email loyalty program, electronic and physical gift cards, and branded merchandise sold through a dedicated storefront.

Revenue mechanics combine restaurant food-and-beverage sales (transaction), franchise royalties and fees (licensing), and merchandise/gift-card sales. The corporate entity, Twin Restaurant Holding, LLC (Texas), is currently owned by Summit Twin Hospitality I, LLC following a June 2026 transition from FAT Brands (which had acquired the chain in October 2021 for $300 million, spun it off via IPO in 2025, and entered joint bankruptcy in February 2026). Franchise-operator group Summit Acquisitions LLC now controls the brand as strategic advisor to bondholders, with President and COO Roger Gondek and the existing corporate leadership retained. Technology integrations are limited to standard commerce infrastructure: OLO for online ordering, myguestaccount.com for gift cards/loyalty, and PAC for payment processing.

Short descriptiontext

Twin Peaks operates a 116-unit sports-lodge restaurant chain across the US and Mexico, combining scratch-made American food, proprietary 29° draft beer from its own Irving, TX brewery, and wall-to-wall live sports viewing including UFC fight nights. It serves adult sports fans and casual diners through a hybrid company-owned and franchise model under franchise-operator ownership since June 2026.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersDallas, United States
HQ citystring
Dallas
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
sports bar dining, casual American restaurant, craft brewery operations, franchise restaurant chain, sports lodge concept
Industry2 codes
1Neighborhood & Sports Bars
CodeTHAFAEAAPrimaryYes
2Sports Bars
CodeCRANACACPrimaryNo
NAICS code3 codes
  • Drinking Places (Alcoholic Beverages)7224
  • Full-Service Restaurants722511
  • Drinking Places (Alcoholic Beverages)72241
SIC code1 code
  • Retail-Eating & Drinking Places5810
Product category
Casual Dining Restaurants
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Restaurant Dining Sales
TypeTransaction Fee
Description

Core revenue from food and beverage sales at company-owned and franchise restaurant locations. Includes lunch, dinner, late night, and happy hour dining services, as well as delivery and to-go orders.

twinpeaksrestaurant.com:443
2Franchise Royalties and Fees
TypeLicensing Royalties
Description

Revenue from franchise operators including royalty payments and franchise fees from the franchise network (3BMgmnt Inc., JEB Food Group, Operadora 2 Montes, and others).

chainstoreage.com
3Merchandise Sales
TypeHardware Sales
Description

Sale of branded merchandise including apparel, brewery merchandise, gift cards, and other Twin Peaks branded products through the online storefront (pac-twinpeaks.com) and physical locations.

twinpeaksrestaurant.com:443
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 record
1Twin Peaks Brewing Co.
Description

In-house brewery operation located in Irving, TX producing signature beers including Twin Peaks Light, Dirty Blonde, Knotty Brunette, and Twin Peaks IPA, served at all Twin Peaks Restaurants in Texas.

twinpeaksrestaurant.com
Core offering1 text field

Twin Peaks operates a sports lodge restaurant chain offering scratch-made American food (hand-smashed burgers, hand-cut steaks, fresh wings), 29° ice-cold draft beer served in 22 oz. frosted mugs, and wall-to-wall TV sports viewing across NFL, NBA, UFC, NHL, soccer, and boxing. The chain supplements dining with online ordering, a Peaks Club loyalty program, branded merchandise, gift cards, and proprietary in-house craft beer produced at its Irving, TX brewery.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Twin Peaks operates a sports bar/restaurant concept under a single unified brand with several integrated service offerings. The core product is the Twin Peaks Restaurant sports lodge (115+ locations across the U.S. and Mexico), which combines scratch-made food service with sports viewing entertainment. Adjacent offerings include Twin Peaks Brewing Co. (in-house brewery producing private label beers for Texas locations), online ordering via olo.com, the Peaks Club loyalty program, UFC fight night viewing experiences, and branded merchandise sold through the company's storefront. Gift cards are also offered as part of the consumer-facing product portfolio.

Product and service1 record
1Twin Peaks Restaurant Dining
Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeGTM or Marketing PartnerAnnounced on2026-03-18
Description

Dos Equis is the presenting sponsor of Twin Peaks' annual $2 Million Bracket Challenge promotion. The partnership involves joint marketing of the bracket challenge across Twin Peaks' 116 locations, with Dos Equis providing promotional support and prizes including the $2 million grand prize for a perfect bracket, local prizes, gift cards, and beer deals during the 2026 NCAA tournament season.

Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Hooters is the closest direct peer to Twin Peaks — a national sports-bar and grill chain that pairs full bar service with casual dining and a signature hospitality staff culture, competing head-to-head for sports-viewing occasions and casual-dining occasions.

TypeDirect peer
Description

Buffalo Wild Wings is a national sports-bar chain serving wings and beer with extensive wall-to-wall TV sports coverage, anchored by a similar sports-game-day occasion to Twin Peaks' core use case.

TypeDirect peer
Description

Walk-On's is a sports-themed casual-dining chain featuring scratch-made Louisiana-inspired food, draft beer, and wall-to-wall TV sports viewing — the closest concept-to-concept competitor to Twin Peaks' sports lodge positioning.

TypeDirect peer
Description

Yard House is an upscale-casual sports-bar chain known for an oversized draft-beer list and live sports viewing; it competes with Twin Peaks for the same premium sports-bar-casual-dining occasion among adult guests.

TypeDirect peer
Description

BJ's is a casual-dining chain combining full table service with an in-house brewhouse and large-format sports coverage, mirroring Twin Peaks' pairing of scratch-kitchen food, in-house beer, and live sports.

TypeBroad incumbent
Description

Dave & Buster's is a broader entertainment-and-dining incumbent that combines full bar and casual dining with sports viewing and adjacent entertainment, sitting at the intersection of sports bar and experiential dining that Twin Peaks also targets.

TypeDirect peer
Description

TGI Fridays is a casual-dining chain with a strong bar program and sports viewing at many units, directly competing for the same adult casual-dining-plus-drinks occasion that anchors Twin Peaks' lunch and happy-hour traffic.

TypeBroad incumbent
Description

Applebee's is the broadest incumbent in casual-dining-plus-bar, with national scale and TV sports programming at most locations, competing for Twin Peaks' family and game-day casual-dining visits across the US.

TypeDirect peer
Description

WingHouse is a regional sports-bar and grill chain in the Southeast pairing wings, burgers, and draft beer with sports viewing — directly comparable to Twin Peaks on menu, occasion, and service culture.

TypeBroad incumbent
Description

Red Robin is a casual-dining chain with an extensive bar and sports-friendly atmosphere, competing for Twin Peaks' casual-dining-plus-drinks guests in the family and after-work segments.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration3 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Twin Peaks

Casual Dining Restaurantstwinpeaksrestaurant.com

Twin Peaks operates a 116-unit sports-lodge restaurant chain across the US and Mexico, combining scratch-made American food, proprietary 29° draft beer from its own Irving, TX brewery, and wall-to-wall live sports viewing including UFC fight nights. It serves adult sports fans and casual diners through a hybrid company-owned and franchise model under franchise-operator ownership since June 2026.

What Twin Peaks does

Twin Peaks is a US-headquartered sports-lodge restaurant chain founded in 2005 in Dallas, Texas, operating 116 restaurant locations across the United States and Mexico as of March 2026. The concept combines scratch-made American food (hand-cut steaks, fresh wings, hand-smashed burgers, house-smoked items), proprietary 29° draft beer, and wall-to-wall sports television coverage including exclusive UFC fight-night programming. The company serves adult consumers seeking a combined sports-viewing and casual-dining experience, with primary customer segments identified as sports enthusiasts/game-day diners and broader casual-dining consumers.

The business operates through a hybrid company-owned and franchise model, with named franchisees including 3BMgmnt Inc., JEB Food Group, and Operadora 2 Montes. A subsidiary, Twin Peaks Brewing Co., operates a full-scale in-house brewery in Irving, Texas, producing four signature beers plus seasonal limited editions distributed to 27 Texas locations; the recipes have won multiple industry medals (Great American Beer Festival 2015; Little Brew Fest 2017-2019; World Brew Cup 2018). Ancillary consumer-facing products include online ordering through OLO, the Peaks Club email loyalty program, electronic and physical gift cards, and branded merchandise sold through a dedicated storefront.

Revenue mechanics combine restaurant food-and-beverage sales (transaction), franchise royalties and fees (licensing), and merchandise/gift-card sales. The corporate entity, Twin Restaurant Holding, LLC (Texas), is currently owned by Summit Twin Hospitality I, LLC following a June 2026 transition from FAT Brands (which had acquired the chain in October 2021 for $300 million, spun it off via IPO in 2025, and entered joint bankruptcy in February 2026). Franchise-operator group Summit Acquisitions LLC now controls the brand as strategic advisor to bondholders, with President and COO Roger Gondek and the existing corporate leadership retained. Technology integrations are limited to standard commerce infrastructure: OLO for online ordering, myguestaccount.com for gift cards/loyalty, and PAC for payment processing.

Twin Peaks firmographics

Firmographics
Name
Twin Peaks
Legal name
Twin Restaurant Holding, LLC
Website
https://twinpeaksrestaurant.com
Company type
Private
Founded year
2005
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Twin Peaks operates a 116-unit sports-lodge restaurant chain across the US and Mexico, combining scratch-made American food, proprietary 29° draft beer from its own Irving, TX brewery, and wall-to-wall live sports viewing including UFC fight nights. It serves adult sports fans and casual diners through a hybrid company-owned and franchise model under franchise-operator ownership since June 2026.
Ownership category
akta.pro rank

Twin Peaks industry classification

Industry
Product category
Casual Dining Restaurants
NAICS
Drinking Places (Alcoholic Beverages) (7224), Full-Service Restaurants (722511), Drinking Places (Alcoholic Beverages) (72241)
SIC
Retail-Eating & Drinking Places (5810)
akta.pro primary industry
Neighborhood & Sports Bars (THAFAEAA)
akta.pro secondary industry
Sports Bars (CRANACAC)

Keywords

  • Sports bar dining
  • Casual American restaurant
  • Craft brewery operations
  • Franchise restaurant chain
  • Sports lodge concept

Where Twin Peaks is headquartered

Location

Headquarters

HQ city
Dallas
HQ country
United States
HQ region
North America

Offices2 records

Markets served

Twin Peaks business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

  1. Restaurant Dining Sales: Core revenue from food and beverage sales at company-owned and franchise restaurant locations. Includes lunch, dinner, late night, and happy hour dining services, as well as delivery and to-go orders.
  2. Franchise Royalties and Fees: Revenue from franchise operators including royalty payments and franchise fees from the franchise network (3BMgmnt Inc., JEB Food Group, Operadora 2 Montes, and others).
  3. Merchandise Sales: Sale of branded merchandise including apparel, brewery merchandise, gift cards, and other Twin Peaks branded products through the online storefront (pac-twinpeaks.com) and physical locations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Twin Peaks product offering

Product offering

Core offering

Twin Peaks operates a sports lodge restaurant chain offering scratch-made American food (hand-smashed burgers, hand-cut steaks, fresh wings), 29° ice-cold draft beer served in 22 oz. frosted mugs, and wall-to-wall TV sports viewing across NFL, NBA, UFC, NHL, soccer, and boxing. The chain supplements dining with online ordering, a Peaks Club loyalty program, branded merchandise, gift cards, and proprietary in-house craft beer produced at its Irving, TX brewery.

Product overview

Twin Peaks operates a sports bar/restaurant concept under a single unified brand with several integrated service offerings. The core product is the Twin Peaks Restaurant sports lodge (115+ locations across the U.S. and Mexico), which combines scratch-made food service with sports viewing entertainment. Adjacent offerings include Twin Peaks Brewing Co. (in-house brewery producing private label beers for Texas locations), online ordering via olo.com, the Peaks Club loyalty program, UFC fight night viewing experiences, and branded merchandise sold through the company's storefront. Gift cards are also offered as part of the consumer-facing product portfolio.

Differentiator

Problem solved

Functional benefit

Brands

  • Twin Peaks Brewing Co. In-house brewery operation located in Irving, TX producing signature beers including Twin Peaks Light, Dirty Blonde, Knotty Brunette, and Twin Peaks IPA, served at all Twin Peaks Restaurants in Texas.

Products and services

  • Twin Peaks Restaurant Dining

Companies that use Twin Peaks

Customer profile

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Twin Peaks technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Twin Peaks partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Dos EquiscoreGTM or Marketing Partner · 18 March 2026Dos Equis is the presenting sponsor of Twin Peaks' annual $2 Million Bracket Challenge promotion. The partnership involves joint marketing of the bracket challenge across Twin Peaks' 116 locations, with Dos Equis providing promotional support and prizes including the $2 million grand prize for a perfect bracket, local prizes, gift cards, and beer deals during the 2026 NCAA tournament season.

Scale indicators4 records

Recent moves9 records

Expansion highlights5 records

Twin Peaks competitors and assessment

Company assessment

Direct peers

  • Hooters: Hooters is the closest direct peer to Twin Peaks — a national sports-bar and grill chain that pairs full bar service with casual dining and a signature hospitality staff culture, competing head-to-head for sports-viewing occasions and casual-dining occasions.
  • Buffalo Wild Wings: Buffalo Wild Wings is a national sports-bar chain serving wings and beer with extensive wall-to-wall TV sports coverage, anchored by a similar sports-game-day occasion to Twin Peaks' core use case.
  • Walk-On's Sports Bistreaux & Bar: Walk-On's is a sports-themed casual-dining chain featuring scratch-made Louisiana-inspired food, draft beer, and wall-to-wall TV sports viewing — the closest concept-to-concept competitor to Twin Peaks' sports lodge positioning.
  • Yard House: Yard House is an upscale-casual sports-bar chain known for an oversized draft-beer list and live sports viewing; it competes with Twin Peaks for the same premium sports-bar-casual-dining occasion among adult guests.
  • BJ's Restaurant & Brewhouse: BJ's is a casual-dining chain combining full table service with an in-house brewhouse and large-format sports coverage, mirroring Twin Peaks' pairing of scratch-kitchen food, in-house beer, and live sports.
  • TGI Fridays: TGI Fridays is a casual-dining chain with a strong bar program and sports viewing at many units, directly competing for the same adult casual-dining-plus-drinks occasion that anchors Twin Peaks' lunch and happy-hour traffic.
  • WingHouse Bar & Grill: WingHouse is a regional sports-bar and grill chain in the Southeast pairing wings, burgers, and draft beer with sports viewing — directly comparable to Twin Peaks on menu, occasion, and service culture.

Broad incumbents

  • Dave & Buster's: Dave & Buster's is a broader entertainment-and-dining incumbent that combines full bar and casual dining with sports viewing and adjacent entertainment, sitting at the intersection of sports bar and experiential dining that Twin Peaks also targets.
  • Applebee's Grill + Bar: Applebee's is the broadest incumbent in casual-dining-plus-bar, with national scale and TV sports programming at most locations, competing for Twin Peaks' family and game-day casual-dining visits across the US.
  • Red Robin Gourmet Burgers: Red Robin is a casual-dining chain with an extensive bar and sports-friendly atmosphere, competing for Twin Peaks' casual-dining-plus-drinks guests in the family and after-work segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Twin Peaks social profiles

Digital presence

Twin Peaks compliance and trust

Trust signal

Compliance1 record

Twin Peaks financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Twin Peaks leadership team

Management profile

Number of profiles

Profiles2 records

Twin Peaks subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Twin Peaks funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Twin Peaks M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Twin Peaks

What does Twin Peaks do?

Twin Peaks operates a sports lodge restaurant chain offering scratch-made American food (hand-smashed burgers, hand-cut steaks, fresh wings), 29° ice-cold draft beer served in 22 oz. frosted mugs, and wall-to-wall TV sports viewing across NFL, NBA, UFC, NHL, soccer, and boxing. The chain supplements dining with online ordering, a Peaks Club loyalty program, branded merchandise, gift cards, and proprietary in-house craft beer produced at its Irving, TX brewery.

Is Twin Peaks a public or private company?

Twin Peaks is a private company. It is classified as corporate owned and is currently operating.

When was Twin Peaks founded?

Twin Peaks was founded in 2005. It employs 1,001 to 5,000 people.

Where is Twin Peaks based?

Twin Peaks is headquartered in Dallas, United States, in the North America region.

How does Twin Peaks make money?

Three revenue lines are on record. Restaurant Dining Sales are the primary driver. The others are franchise Royalties and Fees and merchandise Sales.

Who are Twin Peaks's main competitors?

Direct peers on record are Hooters, Buffalo Wild Wings, Walk-On's Sports Bistreaux & Bar, Yard House, BJ's Restaurant & Brewhouse, TGI Fridays and WingHouse Bar & Grill. Broad incumbents are Dave & Buster's, Applebee's Grill + Bar and Red Robin Gourmet Burgers.

Does Twin Peaks have an API?

No public API is recorded for Twin Peaks.

What industry is Twin Peaks in?

Twin Peaks's product category is Casual Dining Restaurants. Its primary akta.pro industry code is THAFAEAA, Neighborhood & Sports Bars, with a secondary code of CRANACAC, Sports Bars. Its NAICS code is 7224 and its SIC code is 5810.

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Live signals
PR NewswireIn HelloNation, Twin Peaks Marketing Director Stephanie Gray Discusses the Lodge-Style Sports Bar ExperienceHelloNation published a feature on lodge-style sports bar design, featuring Stephanie Gray, marketing director for Twin Peaks in Chattanooga. Gray explains that clear sightlines and comfortable seating create a balanced environment for fans, and the article highlights how layout, seating, and atmosphere influence guest engagement during live sporting events.YahooLate-Night Becomes New Front in the Value WarsTwin Peaks and Bad Daddy's Burger Bar are extending hours and offering late-night happy hour specials to capture a new segment of guests. Twin Peaks, with over 115 locations, and Bad Daddy's, a 37-unit brand, both use scratch-made menus and discounted drinks to attract value-seeking diners. Both brands aim to create regulars by offering affordable, shareable food.YahooTexas Twin Peaks girl says she was fired without warning. The reason wasn’t what anyone expected: ‘Don’t go live at your house’A Texas Twin Peaks worker, Eden, was fired after livestreaming from home before her shift while wearing her uniform. She warned other employees not to do the same, and the video has over 760,000 views. The restaurant's strict uniform guidelines may explain the decision.YahooFamily of man killed in 2024 Twin Peaks shooting sues restaurant for wrongful deathThe family of Ray'shun Bates, killed in a November 2024 shooting at Twin Peaks, is suing the restaurant, alleging negligence. They claim the restaurant sold enough alcohol to impair judgment and failed to provide security. Matkins, charged with murder, is held in Madison County Jail.Eat This Not That5 Restaurant Chains With the Best Loaded Tots, According to DinersFive restaurant chains—Sonic, Bar Louie, Twin Peaks, Buffalo Wild Wings, and Freddy's—are highlighted for their loaded tater tots, with diner reviews praising their toppings. Sonic's tots are deep-fried with seasoned salt, while Freddy's bacon-loaded tots are covered in cheese sauce and bacon.njPopular sports bar chain plots major expansion after bankruptcy splitTwin Peaks, a sports bar chain, signed an area development agreement in South Texas with InnJoy Hospitality to expand into Cameron and Webb counties. The brand operates 115 locations and recently opened a lodge in Kissimmee, Florida. The expansion targets Brownsville, South Padre Island, and Laredo.Nation's Restaurant NewsTwin Peaks launches new menu items and ditches QR codesTwin Peaks unveiled new menu items, including a doubled Peaks Sampler and a lunch menu under $10, and returned to printed menus nationwide. The changes come three months after the chain emerged from bankruptcy with new owners planning to expand its 115-unit brand.American City Business JournalsWichita restaurateurs take role in Twin Peaks restructuring, growth strategyWichita-based restaurateurs who operate nine Twin Peaks locations across six states have joined an advisory group to support the sports bar chain's restructuring and growth strategy. Summit Acquisitions will serve as the bridge between corporate leadership and franchisees as the chain emerges from bankruptcy. The company aims to open 20 new stores over the next two years.American City Business JournalsWichita restaurateurs take role in Twin Peaks restructuring, growth strategyThree Twin Peaks franchisees, including Wichita's 3B Lodge, will guide the chain's restructuring after bankruptcy exit. The advisory group plans to open about 20 new stores within two years, with a path to ownership on the table.American City Business JournalsTwin Peaks doubles down on brand identity after bankruptcyTwin Peaks restaurant chain, which filed for bankruptcy in January 2026, is now being overseen by three franchisees who plan to eventually purchase the chain outright. According to executives, the new operators do not anticipate making significant changes to the brand following the bankruptcy proceedings. The transition represents an ownership restructuring for the sports-bar chain previously owned by Fat Brands.