MIAMI, Jan. 22 /PRNewswire/ -- Burger King Corporation today honored Al
Cabrera as he became the largest minority BURGER KING(R) Franchise Operator in
the United States. Cabrera opened his first BURGER KING franchise 19 years
ago in Miami and now has 138 locations in Florida and Illinois, as a result of
a recent acquisition.
(Logo: http://www.newscom.com/cgi-bin/prnh/20031014/BKLOGO )
Cabrera is no stranger to top honors. Every year, as part of Burger King
Corporation's commitment to excellence throughout the BURGER KING system, the
company evaluates its franchisees on quality, service and cleanliness.
Throughout Cabrera's tenure, all of his restaurants have achieved exemplary
scores for "multi-unit operator" in the Southeast.
"I am proud to be part of a company that recognizes hard work and
determination," said Cabrera. "Over the years, Burger King Corporation's
support has helped me to grow personally and professionally."
Burger King Corporation encourages diversity among all of its franchisees.
"We strive to be leaders in our industry and we value and respect diversity as
an important business practice," said Brad Blum, Burger King Corporation CEO.
"We seek involvement not only with our consumers, but also encourage employing
a diverse workforce and supplier base."
Cabrera's professional achievements stem from his motivation to overcome
the personal obstacles he faced growing up. After losing everything to the
Castro regime, Cabrera left Cuba with his parents at the age of three. He
went on to earn his bachelor's degree from the University of Florida and later
obtained an MBA from the University of Miami. Cabrera credits these
experiences as part of his success and strong work ethic.
"America leads the world with ideas and innovations, advancements and
success," said Clyde Rucker, senior vice president, diversity, Burger King
Corporation. "It takes dedication to turn life's challenges into opportunities
and Mr. Cabrera has certainly uncovered his success and has contributed to
Burger King Corporation's leadership."
Not only has Cabrera completed a milestone at Burger King Corporation, but
he also lends his time to his industry and community. Cabrera is the
president of The National Franchise Association and has held former
fundraising positions with United Way and Communities and Schools in Miami.
About Burger King Corporation
We Take Pride in Serving Our Guests the Best Burgers and a Variety of
Other Great-Tasting, Healthy Foods Cooked Over an Open Fire. That's What We're
All About.
The BURGER KING(R) system operates more than 11,285 restaurants in all 50
states and in 58 countries and territories around the world. Ninety-one
percent of BURGER KING restaurants are owned and operated by independent
franchisees, many of them family-owned operations that have been in business
for decades.
Burger King Holdings, Inc., the parent company, is private and
independently owned by an equity sponsor group comprised of Texas Pacific
Group, Bain Capital and Goldman Sachs Capital Partners. In fiscal year ending
June 30, 2003, Burger King Corporation had system-wide sales of $11.1 billion.
To learn more about BURGER KING, please visit the company's website at
http://www.burgerking.com.
About The Core Value Group
The Core Value Group is a Hispanic-owned and controlled investment group
specifically focused on acquiring BURGER KING(R) restaurants. The Group
consists of experienced transaction and operational partners with direct
BURGER KING operating experience.
The Core Value Group's mission is to:
* Identify opportunities to acquire BURGER KING franchise units
* Identify and back experienced and successful -- "best of breed" --
operators to run the day-to-day operations
* Provide capital to ensure that business has sufficient capital to grow
* Provide post-acquisition strategic and operational direction and
support
The Core Value Group, of which Al Cabrera is a managing member and
operations partner, completed the purchase of 125 AmeriKing restaurants on
December 18, 2003. The restaurants are located in Illinois, Michigan,
Wisconsin and Indiana.
SOURCE Burger King Corporation
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Related links:
http://www.burgerking.com
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/20031014/BKLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
Company News On-Call:
http://www.prnewswire.com/comp/124650.html
CONTACT:
Sonia M. Quirino, +1-210-244-2195, or
Sonia.Quirino@bromcomm.com, for Burger King; Michelle Miguelez of
Burger King, +1-305-378-7277, or mmiguelez@whopper.com
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