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black-owned-franchisee

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Malcolm Jenkins Is Conquering The Quick Service Restaurant Industry With 24 Papa Johns Restaurants Under His Belt

Malcolm Jenkins is not slowing down in the fast-casual food space. As AFROTECH™ previously reported, the former NFL player leads Disrupt Foods, a multi-unit franchise developer and operator of quick-service restaurants. According to his LinkedIn, the goal is to create franchising opportunities for Black and brown communities. “If there’s a mission for me and how I’m moving now, what I want to have an impact on is really educating people on the power of group economics. People when they have success, most of the time they do it as a collective family, as a community. Owning businesses in their own communities,” he said. “When you look at [Black communities] we don’t own the majority of the businesses in it. We don’t own homes most of the time. It just continues to push us into pockets of poverty that are harder and harder to climb out of as an individual,” he told WHYY News. Leading by example, he established Disrupt Foods in 2016 alongside his business partner, Joe Johnson. “In 2016...

Nov 13, 2024

Big Dave's Cheesesteaks Founder Derrick Hayes Surprises Family-Owned Brooklyn Restaurant With A $40K Check

A family-owned restaurant in Brooklyn, NY, has received financial gains. Torri Clayton, a Harlem native, is the owner of Cheri’s Bedstuy, a venture that opened in 2019 to pay homage to her family and provide more southern cuisine comfort food in Brooklyn, NY. According to Black-Owned Brooklyn, Clayton collected the recipes her family passed down for generations to begin her own restaurant. The venture required sacrifice and risks. The restaurant owner maxed out her credit cards and took out personal loans to bring Cheri’s Bedstuy to life, “Good Morning America” mentioned. What she now calls a “labor of love” has led to menu items including grilled lamb chops, shrimp scampi, and fried lobster tails to be enjoyed by locals. “A labor of love. It was a dream that was realized,” Clayton expressed during a taping of “Good Morning America.” “It was a surprise to my family and the way that they just rallied, and trusted, and stood behind me to make this happen. I cannot be more thankful to...

Mar 5, 2024

Herman Moore Went From NFL Player To Franchisee Of All Cinnabon Stores In Michigan And Florida During The Early 2000s

The humble beginnings of Herman Moore were not going to stop him from achieving greatness, even beyond his playing days in the National Football League (NFL). According to Detroit Free Press, the former Detroit Lions player was taught by his mother the habit of looking at life from a broader perspective, a practice he maintained even in the face of financial difficulties. “She had me at 21 and worked so many jobs,” Moore told the outlet about growing up in Danville, VA. He continued, “We were a low-income family. We lived on less than $18,000 a year. But she made sure my sister and I always knew the endgame. We lived in government housing and were on food stamps, but that is not an excuse to not excel in life and to also help others.” Moore would lay his own foundation for generational wealth-building in 1991 after being drafted to the Detroit Lions and signing a three-year $2.4 million contract with the team, which included a $1.2 million signing bonus, according to Spotrac. Moore...

Feb 9, 2024

The Black Women Trio Behind The Holiday Brand, Black Paper Party, Snags A $250K Investment On 'Shark Tank'

A trio of entrepreneurs has benefited from bringing their holiday brand in front of the “Sharks.”

Dec 13, 2023