
Fat Brands reaches a deal with lenders and creditors, paving the way for a sale
Fat Brands reaches $1 billion sale deal with lenders and creditors
Twin Peaks is a company in Burnaze's franchise knowledge graph, mentioned since 2016. 267 stories link here, each summarized from the original publisher. * Twin Peaks has unveiled its inaugural class of Peaks Elite brand ambassadors, a new program created to give standout women across the Twin Peaks system new opportunities to represent the brand [[2026-10-07 Twin Peaks Unveils Inaugural Class of Peaks Elite Brand Ambassadors (6f1bc4)]]. * Franchisees are adjusting timelines for multi-unit openings while meeting development agreements, considering factors like real estate and market conditions [[2026-10-12 Are you adjusting timelines for multi-unit openings while meeting your development agreements? (619970)]]. * Twin Peaks has launched new menu items and returned to physical menus after a franchisee-backed ownership group acquired the brand [[2026-09-09 Twin Peaks launches new menu items, ditches QR codes (8153f5)]]. * InnJoy Hospitality signed an area development agreement to expand Twin Peaks Restaurants into South Texas, specifically Cameron and Webb counties [[2026-09-01 InnJoy Hospitality To Develop Twin Peaks Units (357a99)]]. * Twin Peaks franchisees under Summit Acquisitions are taking over the brand after FAT Brands' bankruptcy, with plans to purchase the company outright in the future [[2026-07-16 Twin Peaks Franchisees Pursue Ownership After FAT Brands Bankruptcy (328c79)]]. * Twin Peaks has emerged from bankruptcy protection with new owners backed by a group of franchisees, and the company is poised for growth [[2026-06-18 Free from bankruptcy, Twin Peaks shifts back to growth mode (f111dd)]]. * A group of Twin Peaks franchisees will oversee the company's operations and growth strategy as a strategic advisor to the brand's new owners, a group of Fat Brands' former bondholders [[2026-06-15 Twin Peaks franchisees have a path to take ownership of the brand (6ff748)]]. * Twin Peaks enters a new era under Summit Acquisitions, LLC, after being acquired from FAT Brands, and will operate as a privately held company [[2026-06-15 Twin Peaks Enters New Era Under Summit Acquisitions, LLC (2d070c)]] Filed under Restaurants / Casual dining.
Also known as Twin Peaks Restaurant

Fat Brands reaches $1 billion sale deal with lenders and creditors

Fat Brands accuses lender of fraud in connection with refinancing

A group of Fat Brands creditors is suing the company in bankruptcy court, asking to have a judge determine whether potential buyers of the restaurant chain operator need to pay $195 million in various claims before any sale can be finalized.

Fat Brands lenders object to sale over unpaid management fees

Earlier this week, the barbecue chain Smokey Bones posted an announcement on its website, officially acknowledging what numerous media reports already figured out, that the chain was shutting down.

Several buyers have emerged to acquire individual concepts from FAT Brands' portfolio following the company's recent bankruptcy filing and debt liquidation efforts.

Melissa Fry brings more than 25 years of restaurant and hospitality marketing experience to her role as chief marketing officer at Twin Peaks.

Fat Brands to provide $1.9 million in bonuses to key employees

Landlords in the case of the bankrupt restaurant chain operator, including the giant Simon Property Group, are objecting to the aggressive timeline for an upcoming auction for the company and its various assets.
Twin Peaks and Dos Equis launch $2 million bracket challenge.
Twin Peaks introduces new menu with Concept Chef Christian Stewart.
Twin Peaks has rolled out new additions to its bar menu introducing fresh cocktails, shots, and expanded zero-proof options, all at a great value.
Twin Hospitality Group Inc. today announced the grand opening of its new Fayetteville lodge, near Cross Creek Mall.

3B Lodge to open ninth Twin Peaks unit in Omaha

New London Hospitality, led by business partners Deepak Verma and Kam Singh, signed a franchise agreement to develop three Twin Peaks Restaurant locations in Connecticut.
Twin Peaks, the ultimate sports lodge, is returning to Omaha with a new location set to open Feb.
Twin Hospitality Group Inc. (Nasdaq: TWNP), parent company of Twin Peaks Restaurant, has signed a new area development agreement to bring its signature Twin Peaks sports lodge experience to Connecticut.

FAT Brands faces a financial crisis after its lenders declare its $1.3 billion debt load immediately due, putting the company at risk of bankruptcy.
Founded in honor of FDNY firefighter Stephen Siller, who gave his life during the Sept.
Twin Hospitality Group Inc., parent company of Twin Peaks Restaurant, announces that a new Twin Peaks lodge will open in Fayetteville, NC, this fall, marking the brand’s continued expansion in key growth markets.

FAT Brands becomes the first restaurant franchise company to accept Bitcoin for franchisee royalty payments, expanding its payment options for international partners.
Twin Hospitality Group Inc, the parent company of Twin Peaks Restaurant, is bringing a new location to the Chicago area in Algonquin, which opened on Monday, March 17, creating the…
Twin Peaks Restaurant is expanding its footprint in the Great American West with a five-unit development deal with its newest franchisees, Arun Ramalingam and Priya Magudeswaran.
Twin Peaks Restaurant, the ultimate sports lodge known for its 29-degree draft beer, scratch-made food, handcrafted cocktails and welcoming Twin Peaks Girls, will open its newest lodge in Algonquin, Illinois this March.