There are approximately 75 Twin Peaks restaurant franchises up and running throughout the U.S.
The one in Waco, Texas, is now the most famous one.
That’s because there was a shoot-out in the restaurant franchises’ parking lot. A big shoot-out.
Waco, Texas- An explosion of violence between rival gangs over the weekend left nine people dead and led to the arrests of 170 people.
It all (allegedly) started in the Twin Peaks restroom.
Twin Peaks Revokes Waco Franchise License In Record Time
I’ve never seen a franchise license revoked this fast. Never. I guess corporate isn’t playing.
A gentle tip from The Franchise King®:
Do not buy a franchise until you know EXACTLY how to do thorough research.
Learn how here
I found this statement-from Twin Peaks management, on the Dallas-Fort Worth NBC TV station’s website:
We are in the people business and the safety of the employees and guests in our restaurants is priority one. Unfortunately the management team of the franchised restaurant in Waco chose to ignore the warnings and advice from both the police and our company, and did not uphold the high security standards we have in place to ensure everyone is safe at our restaurants. We will not tolerate the actions of this relatively new franchisee and are immediately revoking their franchise agreement. Our sympathies continue to be with the families of those who died and are very thankful no employees, guests, police officers or bystanders were hurt or injured.
I didn’t know a franchisee could lose his or her license that fast-and I’m in the franchise business!
But, I like it. Especially since there’s a rumor floating around that the Waco Twin Peaks restaurant knew there was the potential for violence.
Maybe a franchise attorney can weigh in.
It seems very unusual for something like this-something that involves multi-page contracts and the like to take place this fast.
Can a franchise business license be revoked in 24 hours?
Or, is it more PR than anything?