Sun Holdings, Inc. Announces South Texas T-Mobile Acquisition

Sun Holdings, Inc. announced its acquisition of seven franchised T-Mobile retail locations from Killeen-based Jarbouh Enterprises. The two privately-held companies officially completed the transaction on July 1, 2014. The acquisition includes locations in San Antonio, Killeen, Temple, Waco, and Copperas Cove. The newly acquired stores come as an addition to Sun Holdings’ growing portfolio of T-Mobile franchises and are the company’s first T-Mobile locations found in southern Texas.

Sun Holdings Inc. is a National Franchise group that operates more than 400 units providing more than 12,000 jobs under 7 brands. As of January 1, 2014, Sun Holding’s system-wide Portfolio was comprised of 400 units operating in six states, with a major presence in over eight diverse concepts most of which are in the restaurant segment.

Sun Holdings, Inc. Acquires Three Krispy Kreme Units; 15 New Units To Come

Sun Holdings, Inc. and Krispy Kreme have announced the acquisition and transfer of three corporate-owned Krispy Kreme locations in the Dallas/Fort Worth (DFW) metroplex to Dulce Restaurants, a newly created Sun Holdings subsidiary. In addition to the three acquisitions, Sun Holdings will also develop 15 new Krispy Kreme locations in the DFW market over the following five years. 

The acquisition signals the start of a new era for Sun Holdings and it's sole owner, Guillermo Perales. Perales is excited for this new venture and has great confidence in the brand.

"What an amazing opportunity, I'm very fortunate to be part of this new business relationship," Perales said. "My kids think Krispy Kreme serves the best doughnuts in the world and they ask to go to the stores daily."

The full Krispy Kreme press release can be found here.

Entrepreneur: "The Man Who Owns (Almost) All the Burger Kings"

Dinah Wisenberg Brin  |  September 12, 2012

Guillermo Perales, one of the largest restaurant franchisees in the U. S., isn't content to buy one or two locations in a given market. He prefers to own all of them.

His Dallas-based company, Sun Holdings LLC, is doubling in size this year to nearly 400 stores, including 96 Burger Kings that he recently acquired in the Orlando-Daytona market and more than 50 Arby's in Dallas, representing 99 percent and 100 percent of those markets, respectively.

The biggest Latino franchisee in the country and fourth-largest U.S. Burger King franchisee, Perales, 50, who was born in Mexico, also owns 85 percent of the chain's Dallas market and is in the process of remodeling locations in Florida and Texas.

And there's more: Perales owns all of the Popeyes in Dallas – he's that chain's second-largest franchisee -- and 90 percent of the CiCi's restaurants in Houston. His holdings also include 33 Golden Corral restaurants, the company he chose when he opened his first franchise with a Small Business Administration loan in 1997.

Why the interest in snapping up so many locations in the same cities?

"When you have the whole market you can do what you think is the right thing," Perales says. Owning the market allows you to close, move and build stores, and to set uniform pricing and promotions without ruffling the feathers of customers who notice different deals at different locations, or have disagreements with other franchisees, he explains.

"It's only one price, one promotion, one message," Perales says.

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Sun Holdings, Inc. Acquires 96 Florida Burger King Units

Burger King Corp. (BKC) and Sun Holdings Inc. has announced the acquisition and transfer of 96 BKC-owned store locations to Sun Holdings' Florida subsidiary, Magic Burgers LLC. The deal brings Sun Holdings' Burger King franchise portfolio to 167 units in Florida and Texas. 

Guillermo Perales, the sole owner of Sun Holdings Inc, says he plans on remodeling 69 of the newly acquired locations with BKC's 20/20 store design over the next three years. Perales also plans on opening seven new Burger King locations in Florida, and ten new Burger King locations in Dallas. 

The full BKC press release can be found here.