Celebrities that own franchise businesses

July 2, 2023

Maria Misyurina

Franchising Guru Co-founder;
Guru of franchise law, contract negotiations, franchise relations & expansion.

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If you aspire to be a successful business owner, it is worth considering franchising as a viable option to expand your business.

In this article we are going to discuss several international celebrities who own franchise businesses and will see why franchising has become such a lucrative way to scale one’s empire.

Franchising presents an enticing opportunity for individuals due to its well-established pathway for launching a business. The appeal lies in the ability to own a franchise chain, which offers the advantage of multiple locations and consistent quality. This consistency encompasses various aspects, including brand recognition and the assurance of standardised operations. If you aspire to be a successful business owner, it is worth considering franchising as a viable option to expand your business. The fact that even celebrities have recognised the potential of franchising and found success in it should serve as a compelling reason for us to take note and learn from their experiences.

LeBron James

Blaze Pizza, a popular pizza chain, boasts LeBron James as one of its part owners, with an estimated equity stake ranging from $35 to $40 million. James made his initial investment in the company back in 2012, during its early stages of development. Since then, Blaze Pizza has experienced remarkable growth, expanding to an impressive 340 locations spread across 41 states.

Shaquille O'Neal

Shaquille O’Neal, a former NBA player turned sports analyst and DJ known as DJ Diesel, has demonstrated his passion for fries by owning a remarkable 155 Five Guys Burgers and Fries locations. Additionally, he has invested in several Auntie Anne’s locations and 24-Hour Fitness franchises. While Shaquille sold his Five Guys franchises in 2016, still owns his Papa Johns Franchise restaurants in and around Atlanta. He has also appeared in Papa John’s commercials and other advertising which is part of the criteria he required.

Jimmy Buffett

Jimmy Buffett, a renowned singer, songwriter, and businessman famous for his hit song “Margaritaville,” has ventured into the sweet business world by co-investing in numerous Krispy Kreme locations throughout Florida.

Mark Wahlberg

Another notable example of a celebrity involved in franchising is Mark Wahlberg, an acclaimed American actor known for his leading roles in movies like “Ted” and “Transformers.” Wahlberg has expanded his brand into the fitness industry by assuming the role of Chief Brand Officer for the F45 Training Franchise.

Magic Johnson

After completing two years at Michigan State University, Magic Johnson, a legendary NBA player, made the decision to join the Lakers. Following his retirement in 1996, after an impressive 13 seasons in the NBA, he continued to stay active in the basketball world while simultaneously venturing into various entrepreneurial endeavors and dedicating himself to advocating for HIV/AIDS awareness. In recognition of his accomplishments, Johnson was bestowed with an honorary doctorate in business from Xavier University of Louisiana in 2015. Among Magic Johnson’s diverse portfolio of investments, he has ventured into franchising with renowned brands such as T.G.I. Friday’s and Burger King. Magic Johnson, widely recognized as an iconic NBA player, made the bold decision to leave Michigan State University after his sophomore season in order to join the Los Angeles Lakers, a team with which he achieved great success. This is by far not an exhaustive list of celebrities who own franchise businesses. Franchising has been recognised as one of the most efficient ways to scale one’s empire. Take action now if you have aspirations of becoming a prosperous business owner. Consider franchising as a valuable avenue to expand your business. The fact that even celebrities have acknowledged the potential of franchising and achieved remarkable success in this field should be a compelling reason for us to pay attention and glean valuable insights from their experiences. Embrace the opportunity and explore the world of franchising to unlock your entrepreneurial potential.
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