Smokey Bones, a popular barbecue restaurant chain with locations across the U.S., is closing 15 underperforming locations as part of a comprehensive restructuring effort.
Smokey Bones originally had 60 locations when Fat Brands Inc. which owns chains like Fatburger and Round Table Pizza acquired the company in 2023. However, Twin Hospitality Group Inc., parent company of Twin Peaks, acquired the brand earlier this year.
While reviewing the overall Smokey Bones portfolio, Twin Hospitality said it discovered 15 "underperforming" restaurants.
According to a press release from Twin Hospitality, 10 of the locations have already been closed, and the remaining five will be closed before the end of the third fiscal quarter. It did not specify which locations were closing.
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