Celebrity franchise owners part 1
Franchising is such a vibrant sector, both on UK shores and abroad that people from all walks of life want a slice of the action. Celebrities are no different. Here, we take a look at some of the highest-profile stars and the franchises they have invested in.
Venus Williams - Jamba Juice Appropriately, the tennis ace went healthy, or at least chose a brand with a healthy image, when selecting US Smoothie and fruit juice giant Jamba Juice in 2011. She signed on both as a spokesperson and franchise owner, with plans to open several more stores in the near future. As of 2015, Williams has four Jamba Juice stores in the Washington area.
Rick Ross - Wingstop The Rap mogul is a self-described “chicken wing man”, and ever since tasting the company’s lemon pepper version of the fast food, Ross dreamt of owning his very own Wingstop. Having signed a development agreement, Ross now owns 25 branches and counting, and has made the business a family affair, employing his mother, sister and niece in various roles. He has signalled his intention to expand into smoothies and the e-cigarette industry.
Shaquille O’Neal - Auntie Anne’s The basketball star’s O’Neal Franchise Group oversees 19 of the pretzel restaurants in the US, having partnered with Milwaukee’s V&J Foods for the venture, back in 2007.
Earvin ‘Magic’ Johnson - Various The second basketball player on this list, Magic has built something of a franchising empire over the years. His company, Magic Johnson Enterprises, focuses on urban entertainment development, and owns a cinema chain, 24-hour fitness gyms, a Burger King and a TGI Fridays, amongst others. The company previously held an interest in 105 Starbucks franchises, which he sold back to the company in 2010 for around $27 million.
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