Guillermo Perales, the Franchise King in Dallas
The Franchise King in Dallas is none other than Mexican-born Guillermo Perales, whose ventures serve as a shining example.
Through the ownership of multiple units, Guillermo Perales has turned a single Small Business Administration (SBA) loan in 1997 into a billion-dollar holding.
Guillermo was born in Mexico City and graduated from the University of Monterrey as a certified public accountant.
The Franchise King secured a job at a major Mexican food producer called Grupo Maseca, now known as Gruma.
The Franchise King in Dallas is Mexican with a successful profile, and his fruitful career has many stories to tell.
Perales has opened hundreds of restaurants, but one particular milestone marked his journey as the Franchise King in Texas.
Perales always aspired to have his own business one day, so he lived frugally to save his money.
The Franchise King in Dallas
In the late 1980s, Gruma transferred Perales to Dallas, where he oversaw the acquisition of other food companies.
This experience gave him the confidence to venture out on his own.
Perales was able to negotiate with Golden Corral to open 5 locations in Dallas, where he would relocate to live full-time.
However, he didn’t have the funds to open the first location, so he financed it through an SBA loan.
“Once we opened the other Golden Corrals, doors started opening with other brands,” Guillermo commented on CNBC.
Since that first Golden Corral in 1997, Perales has aggressively expanded by building new locations and acquiring existing ones from many different brands.
Today, the Franchise King in Dallas, through Sun Holdings (the name of Guillermo’s holding company), owns and operates over 1,200 franchises in 12 states.
He employs more than 22,000 people and generates over $1 billion in annual revenue.
His portfolio includes 206 Arby’s, 169 Popeyes, 131 AppleBee’s, 166 Papa John’s, 115 Taco Bueno’s, 141 Burger King’s, and many more.
As impressive as this is, remember that Guillermo didn’t achieve it overnight.
His journey began 25 years ago in 1997.
A key takeaway from his life is that a get-rich-quick plan is not going to happen.
However, patient and talented entrepreneurs can make life-changing money through franchises.
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