Krispy Kreme refranchises Dallas
Winson-Salem, N.C. – Krispy Kreme Doughnut Corporation has completed the sale of three company-owned stores in the Dallas market to Sun Life Holdings LLC as part of a broader agreement where Sun Holdings has agreed to develop 15 additional Krispy Kreme locations in the market during the next five years. Sun Holdings operates nearly 400 restaurants in Texas and Florida, including the Burger King, Popeye's, Arby's, CiCi's, Golden Corral and Del Taco brands. The company also operates 13 T-Mobile stores.
"We are very pleased to begin what we expect will be a fantastic business relationship with the team at Sun Holdings," said Cindy Bay, senior VP, U.S. franchises and company stores. "Their extensive franchise experience with well-known brands gives us great confidence that they are the ideal group to represent the unique Krispy Kreme brand in the Dallas market."
Krispy Kreme currently has more than 240 stores in the U.S., of which approximately 150 are franchised.