exterior of restaurant franchise

Everything You Need to Know About the Process of Investing in a Twin Peaks Franchise

Divider

With made-from-scratch food, 29° draft beer, and a lodge that fits the ultimate sports fans, Twin Peaks may be the team for you. Even better, being a part of this team can make you some serious cash. The process to get started is simple, and if you qualify, you could soon be successfully in business for yourself.

What is Twin Peaks?

Culinary innovation and the prettiest girls in town are the basic building blocks of your Twin Peaks franchise. Add wall-to-wall TVs, a local lodge ambiance, and 29° draft beer, and you have the five pillars of Twin Peaks success.

Founded in Texas in 2005, Twin Peaks serves icy cold beer, sky-high burgers, and plenty to gaze upon at more than 80 locations across the United States. Some Twin Peaks restaurants are corporate owned; others are managed as franchises. One thing that all Twin Peaks have in common is their dedication to ensuring every guest has a memorable experience no matter the occasion, along with a range of light and hearty favorites prepared in a from-scratch kitchen.

4 Easy Steps to Owning a Twin Peaks Franchise

  1. If you are interested in starting your own Twin Peaks restaurant, the first thing you’ll do is fill out an online info request form. Answer a few easy questions about things like your net worth, liquid assets, and the region in which you want to open a restaurant. Tell us about your multi-unit restaurant experience, and within minutes you could be on your way to operating the ultimate sports bar.
  2. After we receive and review your information, we’ll set up a meeting at a time that is convenient for you. We can meet in person or arrange a conference call. If it seems to both sides of the conversation that Twin Peaks is a good investment for you, you will proceed to submit an application.
  3. Your application will be reviewed and processed in a timely manner. We’re as excited about welcoming you to the Twin Peaks family as you are to join. Once your application is approved, you will meet with the Twin Peaks team and learn all about how to open and manage the ideal sports bar in the neighborhood of your choice.
  4. An area development agreement will be signed, and before you know it, you may be the proud manager of a thrilling new business.

Hiring Employees

One of the most important and permanent pillars of Twin Peaks’ success is the all-female wait staff. Twin Peaks servers are attractive, friendly, and competent. Current and former servers say there’s plenty to love about working at a Twin Peaks restaurant and sports bar. Glassdoor reviews describe great tips and the no-bussing, no-sidework atmosphere as excellent reasons to seek employment at Twin Peaks. When you invest in a Twin Peaks franchise, you won’t have any trouble filling your open positions to grow the family within your restaurant.

Your Twin Peaks Franchise Menu

When you partner with Twin Peaks, you never have to worry about planning a menu. When patrons visit your restaurant, they’ll expect the same menu items found at other Twin Peaks locations they’ve enjoyed. And this is precisely what you’ll provide. Twin Peaks is constantly developing new from-scratch recipes, but here are a couple of menu items people clamor for:

Carolina Pulled Pork Sandwich

Featuring pulled pork smoked in-house daily, topped with a crisp and refreshing bacon slaw and pickles, and finished off with a tangy Carolina BBQ sauce, the Carolina Pulled Pork Sandwich is both tasty and filling and goes best with 22 oz. mugs filled with 29° beer.

Sweet N’ Smoky Ribs

Served in both half and full racks, the Sweet N’ Smoky Ribs are a St. Louis style pork rib smoked in-house every day. They’re smothered in a smoky sweet BBQ sauce and served with side orders of 4-cheese smoky mac n’ cheese and bacon slaw.

To know more about how to invest in a Twin Peaks franchise, give us a call at (972) 941-3160 or request more information online.

Table of Contents

exterior of twin peaks franchise

The Twin Peaks Franchise Difference

Divider

The casual dining franchise industry is a crowded sector, yet a booming place to invest. Twin Peaks is different in the fact that we are a clearly defined brand delivering category-leading franchise results and still have tons of room for growth. Twin Peaks has 83 locations in 26 states nationwide, and we are looking to enter new territories to expand our footprint even more. Here are some of the reasons you should consider investing in a Twin Peaks franchise.

Our Story

Twin Peaks began in Texas in 2005, and we started franchising in 2007. We were founded by Randy Dewitt and Scott Gordon, who had industry experience before developing Twin Peaks. Randy has been in executive roles for over 20 years, including Brinker International, Rockfish Seafood Grill and numerous Front Burner concepts, outside of his experience as CEO of Twin Peaks Restaurants for 10 years. Scott held various managerial and executive roles for nearly 40 years in the likes of Don Pablo’s, La Madeleine Café, and Tia’s Tex-Mex, outside of his experience at Twin Peaks Restaurants. Our made-from-scratch kitchen is always adding new and innovative items to both our craveable food and competitive beverage menus, including lodge favorites like the recently launched Smoker program, brunch options, lunch specials, hand-crafted cocktails, an extensive bourbon and whiskey program, margaritas, sought-after tequilas, 29° draft beer and so much more.

Our Five Brand Pillars

The centerpiece of our operation is the five brand pillars, which are what separate us from the competition in our category. We strive to consistently execute in each of these areas. We want to provide each guest with an exceptional experience; it’s how we always deliver on our promise of the “Lodge Mentality.”

The Twin Peaks Girls

The face of the brand, our Twin Peaks Girls make up the entirety of our server and bar staff, and they are the foundation of our signature “scenic views.” The service they offer is un-matched and one of a kind, just like our signature buffalo plaid uniforms.

29° Draft Beer

This is our most proprietary brand pillar, because no other concept in the casual restaurant, sports bar, or quick service restaurant category can consistently serve their beer at a frosty and refreshing 29°. Better yet, we serve them up in 22 oz. man-size mugs that are frosted using our proprietary freezing process.

Scratch Kitchen

We set the standard for food quality among sports bars. Our scratch kitchen, led by Chef Alex, is constantly innovating and perfectly executing all the guests’ favorites, from Bites, Handhelds, and Smoker items to other craveable brunch, lunch, and shareable options.

Sports

We are, at our core, a sports bar. That’s why all of our restaurants are lined wall-to-wall with TVs that are always showing the most relevant and exciting games, matches, local rivalries, fights, and races. Our lodges provide the perfect man cave environment and serve as the preferred place to be whenever a major sporting event is taking place.

Lodge Atmosphere

At Twin Peaks, we pride ourselves on offering everyone an inviting, relaxing mountain lodge atmosphere, where each guest can escape and indulge. With hints of nature, our rustic log cabin interiors are accompanied by spacious outdoor seating, fire pits and scenic man caves.

Location, Location, Location

It’s a cliche in real estate, but location matters to Twin Peaks. We have site criteria for our locations that set our franchisees up to succeed from day 1. Ninety percent of our locations are conversions of existing casual restaurants, so people are familiar with the locations and used to going there to eat. This also serves as a cost-saving measure for our new franchises. We open our locations along major freeways and retail corridors with excellent signage and visibility, and a minimum daily traffic count of 30,000 cars.

Market Characteristics

While we’re already located in more than half of the states across the country, we’re still looking to expand to more areas. When we enter a new market, some of the characteristics we look for include:

  • A strong work base and heavy daytime working population
  • Heavy traffic and consumer activity
  • High level of retail and entertainment activity, especially on weekends
  • Mid-scale business hotels and upscale apartments
  • Total population of at least 150,000 within five miles, and a daytime working population of at least 100,000 within five miles
  • Average household income of at least $60,000, with at least $75,000 ideally

By The Numbers

In order to be considered for a Twin Peaks franchise, we require a minimum liquid capital of $1,520,800 and minimum net worth of $5,106,500. With our franchise fee, royalty fee and advertising/marketing expenses, the total investment ranges from $1,423,550 to $3,592,000, with a multi-unit minimum of three to five. Once you’re up and running, our average franchise unit volume is $4,325,000, with an average cost of goods sold of 26.1% and an average labor cost of 30%.

If you’d like to find out more about becoming a Twin Peaks franchisee, feel free to check out our site for more information or reach out to a member of our franchising team, who will be happy to assist you.

Table of Contents

carolyn

Inside the Lodge Series

Divider

Franchise Partner, Carolyn Vangelos, Talks About Her Experience with Twin Peaks

Twin Peaks, known for its made-from-scratch food, draft beer and of course the Twin Peaks Girls, brings many different owners into its franchise opportunity. Carolyn Vangelos is one of those franchisees. Carolyn Vangelos bought into her first Twin Peaks restaurant with her husband, Andrew Bayless, and co-owner, Jay Schneider, in 2012.

The husband and wife team has worked together for more than 15 years and owns three Twin Peaks restaurants in the Phoenix, AZ area, with an additional one in the pipeline for Q1 2020. We had a chance to interview Carolyn Vangelos about her franchise growth and experience as a Twin Peaks franchise partner, to share with those considering a Twin Peaks franchise opportunity.

Twin Peaks: How did you get started in the franchising business?

Carolyn Vangelos: I started working with franchises in 2006 when my operations company, BMG, was recruited to work with the franchisor for Buffalo Wild Wings in the Phoenix market. We worked for over five years developing five locations of the Buffalo Wild Wings brand in The Valley. We worked closely with corporate Buffalo Wild Wings as well as the other local franchise groups to promote the brand and improve operations through what turned out to be a difficult financial time for both Arizona and the rest of the country. Still committed to the growth of the brand, we opened two locations and continued control of operations until 2011, when we parted with the local franchise group to pursue other avenues. Through research, partnership, and the creation of our franchise group, AZ Peaks, we began the partnership with Twin Peaks.

TP: What made you decide to get into the franchising business?

CV: At past operations, we felt the franchise model was a great fit for us. We were looking for the right brand that we believed in and where we felt confident we could apply our operational expertise towards financial success.

TP: How did you find out about the franchising opportunity with Twin Peaks?

CV: Our group learned that the first Twin Peaks location was opening in Scottsdale, AZ. We assumed that any opportunity to franchise was taken and were told as much after we reached out to Twin Peaks leadership in Dallas, TX. We had a brief meeting with the representative for the Scottsdale location and quickly learned that it was to be a “Corporate” market. We still wanted to get in front of the Texas leadership and founders and developed what we thought to be a winning formula for development for future Twin Peaks stores in a market we knew well. We took the trip to Dallas, toured locations in the area, and knew that we wanted to franchise the brand. After delivering our plan to Twin Peaks leadership and several meetings later, our group signed with Twin Peaks and plans for our first location in Phoenix began.

TP: What drew your interest to Twin Peaks?

CV: Initially, what drew us to the Twin Peaks brand was quite simple – cold beer, made-from-scratch food, the perfect sports viewing experience, and of course the all-female front of the house Twin Peaks Girls. The mission to “create an experience you can’t live without” is something that through the past seven years has remained the goal and objective as brand operations have evolved.

How do we achieve the mission? The answer is with simple guiding principles: respect, excellence, loyalty, hospitality, an adventurous attitude, and being experts in what we do inside and outside our four walls each day. What really impressed me is that, in general, the decisions that guide changes in the menu, operations, and brand image keep these goals, objectives, and mission top of mind. Twin Peaks was and still remains ahead, on trend, and evolutionary in design and menu, and on the cutting edge in the training and development of its people. I have been and continue to be pleased to represent the brand.

TP: What perception or knowledge of Twin Peaks did you have prior to partnering with them?

CV: They were the new kids on the block with less than 30 locations, which was a draw to us, as we felt we could be a part of an exciting, growing brand. The initial perception was that the brand fell into a narrow segment of casual dining geared towards sports and male clientele, however as franchise partners, we have been a part of the evolution and, while we have retained our core goals and DNA, the brand has been in front of trends and continues to deliver on exciting food, beverages, and sports events.

TP: Has your perception of the brand changed? If so, what changed your perception?

CV: The part of my initial perception that has evolved the most has been the broader nature and impact the brand makes in each trade area it is in. In other words, the narrow segment which I initially believed the brand was a part of has grown. Our reach into our communities has grown through the commitment to developing the brand into a national and soon to be an international name. The same core values of the total experience, the evolution of the menu, the commitment to remain “made from scratch,” the partnership with the franchisees, and the caliber of overall presentation allow us to continue to grow successfully within existing markets and beyond.

TP: How has your experience been so far as a franchise partner of Twin Peaks?

CV: The overall experience has been great – one with inclusion for all franchisees and a voice in the expansion and development of the brand. At the same time, there is the ability for autonomy in running your franchise as your own business, which speaks to the core leadership of the brand.

TP: How has your past experience in owning a franchise helped with your experience in growing a successful business with Twin Peaks?

CV: Successfully running a franchise relies on a number of qualities, but most of all the managers and staff that you choose to run and operate the business day to day. Working with another franchise before Twin Peaks gave me the basis for what to expect from the franchisee/franchisor relationship. Twin Peaks has a unique set of operational standards that works with your managers and staff for a unique experience focused on driving sales and delivering top-level hospitality to our guests.

TP: Do you think you make a different impact as a female franchise partner of Twin Peaks?

CV: Working with an all-female service staff, I have been thrilled to see the growth and development of excellent young women in this industry and with the Twin Peaks brand. Not only do we work with our staff on Twin Peaks specific standards within the operation, but I have also been able to provide opportunities for promotions within our company, witnessed numerous graduations, career goals achieved, and financial independence for our female staff members. We encourage our female staff members to create and achieve goals and take part in fundraising and special events for our local community, and encourage each team member to take part in our elections both locally and nationally.

If our interview with Carolyn resonated with you, it’s time to check into the Twin Peaks franchise experience! Twin Peaks is built upon five brand pillars: the Twin Peaks Girls, made-from-scratch food, 29° draft beer, sports on wall-to-wall TVs, and of course, the local lodge atmosphere. Twin Peaks, ranked #4 in casual dining sales growth, is a clearly defined brand that delivers category-leading financial results. For more information on the Twin Peaks franchise opportunity, contact us today!

Array
(
)
Array
(
)