Smokey Bones Shutters 15 Underperforming Restaurants in U.S. Restructuring

Lead Smokey Bones is closing 15 underperforming locations nationwide under parent Twin Hospitality Group, with ten restaurants already shuttered and five more set to cease operations by September 30, 2025.

Nut Graf The closures follow Twin Hospitality’s portfolio review after acquiring Smokey Bones in January 2025. The move aims to eliminate inefficient units and focus on higher-performing brands, setting the stage for future franchise growth under new leadership.

Closure Details

• Ten Smokey Bones restaurants have already closed as of early September.
• The remaining five underperforming units will shut their doors before the fiscal third quarter ends on September 30, 2025.

Conversion Strategy

• Nineteen Smokey Bones sites will convert into Twin Peaks sports lodges, which deliver roughly $7.8 million in annual revenue compared to Smokey Bones’ $3.5 million average.
• Two conversions are complete, and a third is underway, with additional transitions planned later this year.

Leadership and Future Outlook

• Twin Hospitality appointed Ken Brendemihl as Smokey Bones’ new president to drive operational efficiency and brand revitalization.
• Post-restructuring, 26 Smokey Bones restaurants will remain open, generating positive cash flow.
• The company plans to introduce a franchise model to balance corporate and franchised locations, fueling long-term expansion.