Food & Beverage
Twin Peaks Franchise
A lodge-themed sports bar and full-service restaurant chain built around scratch-made American pub food, a large beer selection, and servers in branded uniforms; some locations also run a delivery-only virtual concept called Good as Cluck. Formed as a Delaware LLC in May 2007 and franchising since July 2007, the brand became part of the newly independent, publicly traded Twin Hospitality Group after a January 2025 spin-off from FAT Brands. Franchised unit count grew every year in the FDD's three-year window.
Every franchisor has to file a document called an FDD before they can legally sell you a franchise. Buried in it are the two things a sales rep won't volunteer: what you'll actually spend to open, and whether existing locations are opening or closing. That's what's below, pulled straight from Twin Peaks's own filing.
What it costs to open
From the filing's investment breakdown -- not a "starting at" number a sales rep quoted you.
Franchise fee
$50,000
Total to open
$2,959,000–$5,734,000
Ongoing royalty
5% of gross sales
What you'd actually spend, over time
The upfront cost is only part of it. Plug in what you expect a location to bring in, and see the real total once royalties over a few years are added on top.
Defaulted to a rough food & beverage industry average, not a figure from Twin Peaks's own FDD -- change it to your own estimate.
Total cost of ownership over 5 years
$3,209,000 – $5,984,000
Startup investment
$2,959,000–$5,734,000
Royalty per year (5%)
$50,000
Total royalty, 5yr
$250,000
When would you break even?
Revenue alone doesn't tell you this -- it depends on what's left after rent, labor, and everything else. Twin Peaks's FDD doesn't disclose a reliable profit figure (most franchisors don't), so this starts from a typical food & beverage profit margin (~8%) and applies it to the revenue you entered above -- adjust the percentage to your own realistic estimate.
Defaulted to a general food & beverage industry benchmark, not a figure from Twin Peaks's own filing -- this is a starting point to adjust, not a promise about what franchisees actually make.
At that profit, you'd break even in about
37.0–71.7 years
Weigh that payback period against what you already know: Twin Peaks is opening more locations. A long payback period on a shrinking brand is a very different bet than the same payback period on a growing one.
Is Twin Peaks actually growing?
Franchisors have to report, every year, how many locations opened, closed, or changed hands. Most franchise sites never show you this. Here it is:
Locations opened vs. closed, by year
GrowingFrom Item 20 of Twin Peaks's FDD, the section franchisors use to disclose real openings and closings.
| Year | Franchised units, start | Franchised units, end | Net change |
|---|---|---|---|
| 2022 | 57 | 61 | +4 |
| 2023 | 61 | 70 | +9 |
| 2024 | 70 | 74 | +4 |
Most recent year (2024): gained 4 franchised units, ending the year at 74 total.
What you're actually signing up for
The cost and growth numbers above are only part of the picture. These three FDD items are the ones a prospective franchisee tends to weigh most heavily once they're past the sticker price.
Training & ongoing support (Item 11)
Initial training runs 12-17 weeks depending on the trainee's role (Unit General Manager vs. Shift Manager), and Twin Peaks sends a support team on-site for roughly 26 days around opening to train staff and run service dry-runs; franchisees pay $700/week for the first 6 weeks of manager-in-training costs. Ongoing support draws on the Brand Fund for system-wide marketing, separate from the smaller Local Marketing/Advertising Cooperative requirement.
Territory protection (Item 12)
Twin Peaks does not grant an exclusive territory -- you may face competition from other franchisees, company outlets, or other brands/channels the company controls. What you do get is a Designated Area defined in the Franchise Agreement, narrowed to your specific approved Premises once a site is confirmed; you cannot relocate without written consent, and the agreement grants no rights of first refusal on additional locations.
Renewal & termination terms (Item 17)
15-year initial term, longer than most food-service peers in this dataset, several of which use 10 or 20 years. Disputes go to arbitration through the International Institute for Conflict Prevention & Resolution, or litigation, both venued in Dallas County, Texas -- Twin Peaks' home turf, which the FDD itself flags as a real out-of-state burden for franchisees elsewhere.
How Twin Peaks compares to other Food & Beverage franchises
Across the 19 food & beverage franchises we've hand-verified so far, the typical range to open runs $758,099–$1,965,490, with royalties averaging around 5.7% of gross sales (based on the 18 of them that charge a flat %-of-revenue royalty).
$617,800–$2,170,000 · 6% royalty
Slim Chickens$1,188,900–$4,944,000 · 5% royalty
Ziggi's Coffee$315,830–$2,093,361 · 6% royalty
Crumbl$848,566–$1,472,533 · 8% royalty
Little Caesars$376,500–$1,769,200 · 6% royalty
Jamba$480,850–$941,300 · 6% royalty
Tropical Smoothie Cafe$300,000–$720,500 · 6% royalty
Playa Bowls$188,675–$636,458 · 6% royalty
Kona Ice$114,730–$228,601 · non-%-of-revenue royalty
Firehouse Subs$166,671–$950,351 · 6% royalty
Wingstop$310,400–$1,048,500 · 6% royalty
Jersey Mike's Subs$436,176–$1,162,228 · 6.5% royalty
Dunkin'$532,400–$1,832,500 · 5.9% royalty
Popeyes Louisiana Kitchen$1,222,045–$3,923,245 · 5% royalty
Del Taco$1,461,200–$3,313,500 · 5% royalty
Blaze Pizza$757,000–$1,297,100 · 5% royalty
Church's Texas Chicken$1,202,400–$1,886,300 · 5% royalty
MOD Pizza$924,732–$1,220,633 · 5% royalty
Keep going
- Twin Peaks and Del Taco are both food & beverage franchises; Del Taco's total investment starts about $1,497,800 lower than Twin Peaks's. Del Taco Franchise
- Twin Peaks and Popeyes Louisiana Kitchen are both food & beverage franchises; Popeyes Louisiana Kitchen's total investment starts about $1,736,955 lower than Twin Peaks's. Popeyes Louisiana Kitchen Franchise
Where this came from: California DFPI Registration Application (Initial/Late Renewal), App ID APP00003148, filed 8/5/2025, effective 10/16/2025. FDD issued May 13, 2025, as amended July 2025 -- an older filing; Item 20's window here covers 2022-2024, not 2023-2025 like most other entries in this dataset. Item 5: $50,000 initial franchise fee. Item 6: 5% Royalty Fee; Brand Fund Contribution currently 2.5% of Gross Sales, capped up to 4%, plus a separate 0.5% Local Marketing Expenditure/Advertising Cooperative requirement. Item 7: $2,959,000-$5,734,000 total investment for a single Restaurant in Conversion Space (leasing an existing building); a New Construction Space format totals $4,859,000-$7,634,000, and this entry uses the lower Conversion Space figure, matching the FDD's own cover-page framing. Item 20 Table 1 franchised outlets; company-owned outlets grew from 28 to 34 over the same window. You can pull the same filing yourself from the California DFPI's public franchise search. Filed 2025-08-05. None of this is investment advice -- get the franchisor's current FDD and talk to a real attorney or accountant before you sign anything.
If you see a different unit count elsewhere: franchisors only have to refile their FDD annually, so the numbers here can run 6–18 months behind a franchisor's own real-time marketing claims -- which often aren't independently verified, and sometimes count signed-but-not-yet-open locations. A gap isn't necessarily an error on either side; it's two different snapshots in time from two different sources.