Papa John’s Lands Its Largest Domestic Development Deal Ever

Sun Holdings will oversee opening 100 stores across Texas through 2029.

Papa Johns 1200x800 1
Sun Holdings will open 100 Papa John's locations throughout Texas. Courtesy of Papa John's.

Papa John’s has signed its largest domestic development deal yet.

The pizza chain inked the deal with Dallas-based Sun Holdings, a franchisee that operates more than 1,000 restaurant locations for brands like Taco Bueno, Burger King, Popeyes, Arby’s, McAlister’s and IHOP. Now, Sun Holdings, founded by Guillermo Perales, will oversee opening 100 Papa John’s stores across Texas through 2029.

“We’re excited to launch this milestone partnership with Guillermo and his team at Sun Holdings in Texas,” says Amanda Clark, Papa John’s chief development officer, in a press release. “Sun Holdings is a successful and well-financed operator who understands the Texas market and brings deep expertise within the QSR space that will benefit the entire Papa John’s system.”

The agreement is the second major development deal Papa John’s has announced this quarter. Last month, the brand inked a large international deal with Drake Food Service Int’l. that will bring more than 220 new restaurants to Latin America, Spain, Portugal and the U.K., in addition to acquiring more than 60 U.K. locations.

Papa John’s has more than 5,500 locations in 49 countries and territories as of June 28, 2021.

RELATED CONTENT

Chipotle 1200x800 1

Chipotle Sets Record Quarterly Sales of $2 Billion

Despite not yet recovering all its in-store sales, periodic staffing challenges, menu price hikes and supply chain disruptions, Chipotle Mexican Grill had a record third quarter, bringing in $2 billion...

Host 3 1200x800 2

HostMilano Kicks Off in Italy

HostMilano, one of the largest foodservice equipment shows in the world, kicked off today in Italy, and FER is on location.

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

- Advertisement -

- Advertisement -