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Black franchise owners

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Charlamagne Tha God Buys 6 Krystal Franchises Alongside His Wife Jessica Gadsden-McKelvey

Charlamagne Tha God and his wife and business partner Jessica Gadsden-McKelvey are proof that the power couple does indeed still exist! The pair have become franchise owners of the popular Krystal restaurants.

Nov 15, 2022

26-Year-Old Tyra Ivory Becomes One Of The Youngest Subway Franchisees In The U.S.

Macon, MS, native Tyra Ivory held on to the saying “When one door closes, another opens,” which led her to make history.

Nov 9, 2022

Taco Bell To Launch Business School To Help Turn Employees Into Franchise Owners

Breakfast isn’t the only new wave that Taco Bell is trying its hand at! The fast-food chain has announced that it will open a business school to help its employees have access to the resources and skills that are required to become franchise owners. According to Entrepreneur, Taco Bell will partner with the University of Louisville to launch the Taco Bell Business School designed to teach employees that are working in higher-level positions the skills that are needed to own and operate a franchise of the Taco Bell chain. “It’s going to be seasoned general managers that are probably running fairly decent-sized restaurants that are qualified to be on this path,” said Taco Bell CEO Mark King.

Jan 26, 2022

McDonald's Set To Pay $33.5M To Herb Washington Following Racial Discrimination Lawsuit

It’s genuinely cheaper not to be racist. Herb Washington once owned 27 McDonald’s restaurants, and now he will receive $33.5 million from the corporation after a recent lawsuit. As previously reported by AfroTech, Washington took the fast-food giant to court following what he alleges was a string of racially charged motives to keep him from excelling as a Black franchisee. Now, REVOLT reports that the chain has agreed to the amount citing that “discrimination has no place at McDonald’s.” They also noted that $33.5 million was a “fair price for the value of the restaurants” after reports came out that Washington was asked to not only drop the racial discrimination lawsuit but to leave his 13 McDonald’s businesses behind.

Dec 22, 2021