Name: Mike Gelfgot; Country of Origin: Uzbekistan; Immigrated to US: 1993; Franchise Name: Anytime Fitness; Launched: 2010; Franchises Owned: 23; Estimated Annual Revenue: $9.8 million: Jobs Created: 200 As a child in Soviet Uzbekistan, Mike Gelfgot had to steal food to help his family survive, and he’s used those painful memories to drive him […]
Tag: immigrant businesses
Immigrant Entrepreneur Grows Multi-Million Dollar Pizza Empire
Name: Dharmesh Patel, Country of Origin: India, Immigrated: 1987, Launched business: 2009, Jobs Created: 1200, Revenues: $50 million Great jobs won’t make you rich. You’ve got to find a way to build wealth by owning your own business and for DJ Patel, that meant teaming up with America’s fastest growing pizza franchise. Dharmesh “D.J.”Patel came to the United States from India in 1987 with […]
5 Lessons Learned from an Immigrant Entrepreneur
To succeed as a manager, you must find balance in everything you do, from finances, recruitment, dealing with investors, and empowering your staff. In a recent interview with the editors of Immigrant Business, Roberto Ortega, CEO of KLA Schools in Miami, revealed some of the most important lessons he, and his wife Candaleria, KLA’s Director of […]
Slimming Down Health Clubs Creates Revenue Bonanza
Embracing “less is more,” veteran health club owners launched a runaway success with more intimate and convenient clubs with fewer frills, but more personal attention Industry Overview The global fitness industry in the United States continues to grow steadily, now estimated at $7.1 billion in annual revenue, spurred by 1 million new users joining health […]
Protected: Breaking All the Rules Creates Winner in the $40 Billion Pizza Industry
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How to Prosper by Opening a Franchise Within Your Business
Beauty industry insider discovers a cost-effective way to reach a new audience and sell more product to existing customers by opening a small footprint franchise within her existing business Overview Wendy Tong came to North America from Vietnam in 1980 with her older sister, settling in Calgary, Alberta, and ten years later they were followed […]
Huddle House Find Big Opportunities in America’s Small Towns
By catering to America’s forgotten market, this restaurant chain has quietly dominated small town family dining in the Southeast, and is now poised for tremendous growth. Every small town in America has a gathering place, usually a restaurant where citizens can gather after church on Sunday, to celebrate after the high school football game on Friday night, […]
Cruise Your Way to Success and Independence
Now you can own a piece of the $4 billion cruise industry — the hottest segment in travel – as it ramps up for even bigger growth. And the cost of entry to this life changing opportunity is remarkably affordable. Industry Overview The cruise industry in the United States has grown 68% in the last […]
Irresistible Cookies Key to Success for Immigrant Entrepreneur
Name: Masood Kasim; Country of Origin: Pakistant; Immigrated to US: 1981; Franchise Name:Nestlé® Toll House® Café by Chip®; Launched: 2009; Franchises Owned: 3; Estimated Annual Revenue: $1.5 million: Jobs Created: 25 Pakistani immigrant combines the power of an international brand and attention to detail into million dollar business Overview Masood Kasim immigrated from Pakistan to the United […]
Putting Global Brands To Work for You
Statistics/ Name: Nestlé® Toll House® Café by Chip®/Founded: 2000/ Franchise Fee: $30,000/ Royalty Fee: 6 % /Total Investment: $154,300 –$475,300/ Required Net Worth: $300,000/Liquid Capital:$100,000/ Nestlé® Toll House® Café by Chip® got started in 2000 when an immigrant entrepreneur from Lebanon named Ziad “Zack” Dalal, who had already launched and sold a successful bakery franchise, got an idea for extending […]