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Shaq’s Food Empire Grows Even Bigger As His Big Chicken Franchise Heads To A $1.5B Sports Arena

Shaq may have an estimated $400 million fortune, but he shows no signs of slowing down. Throughout the years we have seen Shaquille O’Neal tap into various business ventures and rack up an impressive financial portfolio with ownership of over 50 brands, AfroTech previously reported. No stranger to the food industry, though, the Hall of Famer even reportedly became co-owner of Big Chicken with a Las Vegas, NV location alongside his friend Matt Silverman and agent Perry Rogers three years ago. However, it was new territory for O’Neal as it was his first time building a franchise from the ground up. And it seems as though he is faring well, having already launched a second location just last year in Glendale, CA. Plus, CNBC reports that in 2021, Big Chicken started accepting applications for franchises with costs ranging from $450,000 to $1.4 million. In addition, there’s a $40,000 franchise fee, and the restaurant takes five percent of sales and two percent combined for national and...

Nov 16, 2021