Do you know that NBA legend Shaquille O’ Neal owns various restaurant franchises? Sure, you learn that proper. The well-known basketball participant has efficiently transistioned from court docket into the world of enterprise. Shaq now owns a number of well-known franchises comparable to Krispy Kreme, Papa John’s Pizza, and 5 Guys.
Wish to know what Shaq is investing in proper now? Learn on to know extra concerning the many eating places Shaquille O’Neal owns and how one can apply these classes to your investing technique. You may be taught extra about franchise investing by taking our 8-minute quiz to get matched with a possibility.
Record of Eating places that Shaq Invests In
Shaquille O’Neal owns various eating places. In an interview with the Wall Road Journal, Shaq answered what he discovered so engaging in franchising. He mentioned, “It’s simply partnering up with one other dependable, glorious model. Being in enterprise with folks, and simply proudly owning stuff.” Listed here are a number of the eating places Shaq has invested in.
A few of Shaq’s enterprise pursuits.
Krispy Kreme
Krispy Kreme is a model identified for his or her doughnuts and low. They’re a multi-national chain with over 1,400 areas everywhere in the world. They’ve been working since 1937 and have bought over 20 million donuts a 12 months. Their income is $ 1.53 billion in 2022.
Shaquille O’Neal has cited Krispy Kreme as one in every of his favourite franchises. He owns one Krispy Kreme location at Ponce de Leon, Atlanta which was destroyed by arson in February 10, 2021. The development of a brand new retailer in the identical location is underway and is ready to open in the summertime of 2023.
Auntie Anne’s
Auntie Anne’s is an American chain of outlets that sells completely different sorts of pretzels from candy to savory ones. In addition they promote completely different sorts of dips with their pretzels comparable to caramel, cheese, marinara, and honey mustard. Began in 1988 in a Pennsylvania farmer’s market, the model has grown from only a stand to over 1,900 areas across the globe. Auntie Anne’s international gross sales have reached $682,180,204 in 2022.
Shaquille O’Neal franchised Auntie Anne’s in 2007 and has owned 17 shops. Nevertheless, in current information, the previous basketball star mentioned that he bought his retailer though it’s unclear if he bought all of them. As for the rationale for letting the franchise go? “I bought my Auntie Anne’s as a result of Black folks don’t like pretzels that a lot. So I needed to change it up,” Shaq mentioned.
Papa John’s Pizza
Papa John’s is a world pizza chain with over 5,700 shops. They began in 1985 in a brush closet in Jeffersonville, Indiana and the house owners, John Schnatter and his companion Bob Ehringer, began the enterprise with solely $1,600 at the moment. At current, Papa John’s will be present in areas like South Korea, China, Spain, Egypt, Qatar, France, and lots of extra. Their international gross sales in 2022 have reached $4.778 billion.
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After John Schnatter’s racist remarks in 2017 and 2018, the person resigned as chair from the corporate. In an interview, Shaquille O’Neal mentioned that Papa John’s referred to as him to be on the board and Shaq replied that he’ll be concerned so long as “previous boy” just isn’t concerned. And that’s how Shaq received to be part of the Papa John’s Board of Administrators.
Shaquille O’Neal has a 3-year contract with the model that earns him $8 million in shares and wage. Apart from being a part of the board, Shaq additionally owns 9 Papa John’s shops in Atlanta. He additionally signed to be an unique endorser of the model.
5 Guys
America is full of main burger gamers within the meals business and one in every of them is 5 Guys. The model is thought for his or her hamburgers, hotdogs, sandwiches, milkshakes, and fries. 5 Guys began in 1986 in Arlington, Virginia by the Murrell Household. At present, the enterprise has over 1,700 shops and is situated in america and internationally. The enterprise is run by the 5 Murrell brothers at current and has seen international gross sales of $2,790,474,334 in 2022.
Out of all of the franchises that Shaquille O’Neal signed up, 5 Guys was probably the most variety of shops he owned. He franchised 155 of them beginning in Atlanta in 2008. He has since bought his shares so it’s unclear whether or not or not he nonetheless owns just a few or has bought all of them. In an interview with CNBC, he mentioned that the 5 Guys enterprise had been “excellent” to him.
Have you ever tried Massive Hen?
Massive Hen
Massive Hen is a fast-casual chain specializing in hen burgers. Shaquille O’Neal is the founding father of this restaurant. Massive Hen began in 2018 with a menu that options Shaq’s “childhood favorites”. The menu consists of hen burgers, sides, and desserts comparable to their Massive Cookie that has the scale and circumference of a basketball. Massive Hen at present has over 150 areas with their first location in Las Vegas reaching greater than $100 million in income.
Along with investing in all these eating places, Shaq typically serves because the pitch man or spokesperson for the model. This units Shaq aside from different buyers who may solely supply monetary help to a model. Shaq is ready to leverage his likeness to advertise an organization and instantly improve gross sales.
Different Companies Shaq Invests In
Shaquille O’Neal isn’t simply an entrepreneur in the case of the meals enterprise business. He additionally invests in different franchises and types. Listed here are a few of them:
Well being Golf equipment
Contemplating that Shaquille O’Neal is an athlete, it will simply make sense that the person would personal 40 well being golf equipment. In 2004, Shaq was reported to personal 24-Hour Health golf equipment although the precise areas of each single one in every of them have been unknown. The one confirmed well being membership location that Shaq owns are in Florida.
Beachbody Firm
Beachbody is a subscription-based health platform to which Shaquille O’Neal serves as an advisor. Consider it as like Disney+ however catered to health. The corporate went public in 2021 on the New York Inventory Change and was anticipated to see a profitable development. Nevertheless, current information have reported that there was much less demand for it now that the pandemic is over and folks have gone again to gyms and exercising exterior.
The Shaq Line (Sneakers)
Shaq used to have a contract with Reebok and he additionally had shares with them. However he ended it when he apparently met a girl who complained that his sneakers have been so costly. Shaq ended up breaking issues off with Reebok and made his personal Shaq Line of sneakers which he bought at Walmarts. He has bought over 200 million pairs of his Shaq sneakers.
The Alkaline Water Firm
The Alkaline Water Firm is the proprietor of Alkaline88, a purified and ionized water drink that’s added with Pink Himalayan Rock Salt. The drink is alleged to deliver extra hydration to customers and is out there at greater than 80,000 shops nationwide. The enterprise has seen over $60.6 million in income for the fiscal 12 months of 2022.
In 2021, it was reported that Shaquille O’Neal would develop into Alkaline88’s model ambassador. As well as, Shaq may also be part of The Alkaline Water Firm as an fairness companion and member of the Board of Advisors.
Shaq mentioned this in becoming a member of the corporate: ““Alkaline88 is an revolutionary product within the water class and I’m so excited to companion with The Alkaline Water Firm to assist increase their recreation to new heights. I’m humbled by the chance to hitch the Advisory Board whereas additionally being a model ambassador.”
Google is a multinational know-how firm most identified for its intricate search engine know-how and is owned by Alphabet. At current, Google is extra than simply its search engine. The corporate can also be into cloud computing, e-commerce, promoting, synthetic intelligence, and extra. They’re thought of as “probably the most highly effective firm on the earth” and Alphabet sees over $282.836 billion in income.
Whereas Google has been round since 1998, it was in 2004 when it went public. Shaq has revealed that he was launched to Ron Conway, a Google investor, and that’s when he determined to spend money on the corporate. Shaq has not disclosed how a lot he invested on Google however he did say this about his funding: “My solely remorse is that I want I might have purchased extra.”
Ring
Ring is a house safety system firm which is popularly identified for his or her doorbell with cameras that may perform as a surveillance system. The corporate is owned by Amazon and has seen income of greater than $400 million in 2021.
Earlier than Amazon purchased Ring, Shaquille O’Neal purchased an fairness stake within the firm and have become their spokesperson. Shaq was capable of revenue off an quantity when Amazon purchased the corporate.
Automotive Washes
It’s reported that the NBA star owns about 150 automotive wash facilities. There are not any precise particulars as to what the names of those automotive wash facilities are aside from one which was reported as Auto Spa Bistro which Shaquille O’Neal can also be a part of the board.
About Massive Hen.
NRG eSports
NRG eSports is an expert esports group primarily based in Los Angeles, California. They compete in video video games and are identified to win nationwide and worldwide titles.
Shaquille O’Neal invested in NRG when he took his youngsters to observe a League of Legends Season 3 World Championship on the Staples Heart in 2016.
Different Investments
Shaq has made different investments however data concerning these enterprise ventures weren’t put into element. These companies are:
- Lyft
- Apple
- Starbucks
- Vitaminwater
- Genuine Manufacturers Group (JCPenney, Reebok, Perpetually 21)
- Film Theaters
- Nightclubs
Shaquille O’Neal Internet Price
Being a basketball star and a businessman has made Shaquille O’Neal a excessive profile movie star. He has a internet price of $400 million from all his investments and from his endorsements to which he receives $60 million yearly. His wage within the NBA was $292 million. He additionally acquired $200 million from endorsements whereas he was nonetheless an energetic NBA participant.
Shaq as soon as shared in an interview that he spent $1 million in at some point. He initially began with only one automotive, a black Mercedes, however he purchased two extra automobiles for his dad and mom and some jewelries and equipment as properly. After that have, Shaq was capable of get a monetary advisor that helped him along with his financial savings.
Shaquille O’Neal is taken into account one of many wealthiest NBA gamers. He’s additionally a profitable businessman since he knew the place to place his investments. Hello finds methods the place to develop his cash, one thing that he was already doing earlier than he retired. So it gained’t be a shock when sometime sooner or later Shaq’s internet price may attain extra than simply $400 million.
Shaquille O’Neal’s Nicknames
Shaq is simply one of many many nicknames that Shaquille O’Neal is thought for. As you may see, Shaq can also be a branding and advertising and marketing knowledgeable.
The Massive Aristotle
The Massive Shamrock
Shaq
Mayor McShaq
Diesel
Wilt Chamberneezy
The Massive Cactus
The Massive Shaqtus
Manny Shaq-iaou
The Massive Leprechaun
Shaq Fu
The Massive Felon
The Massive Baryshnikov
The Massive Conductor
The Massive Subject Common
Shaqovic
Superman
The Massive Maravich
The Massive Banana
Dr. Shaq
The Massive Cordially
The Massive Galactus
The Massive Agave
L.C.L. (Final Heart Left)
MDE (Most Dominant Ever)
The Massive Twitterer
The Massive IPO
The Massive Equotatious
The Actual Deal
Osama Bin Shaq
Witness Safety
Shaq Daddy
The Massive Daddy
Hobomaster
Shaq-a-Claus
Shaquille O’Neal Household
Shaq is a person of many issues. Apart from being an athlete, businessman, DJ, rapper, and actor, Shaq can also be a father to 6 kids.
From his ex-wife Shaunie O’Neal, Shaq has 4 youngsters: Shareef, Shaqir, Amirah and Me’arah. He additionally has a stepson Myles from Shaunie’s earlier relationship. He additionally has a daughter Taahirah along with his ex-girlfriend, Arnetta Yardbourgh.
In line with Folks, Shaq continues to be in good phrases with Shaunie and Arnetta. He additionally continues to co-parents his kids with them.
Shaquille O’Neal By The Numbers
There’s an entire lot extra to Shaquille O’Neal and his life. The person is massive in identify, in measurement, and in numbers. Listed here are some extra fascinating fast details to get to know Shaq:
- He was born in March 6, 1972.
- Shaq entered the NBA draft in 1992. He was 20 years previous.
- Shaquille O’Neal was 39 years previous when he retired.
- The numbers that Shaq wore on his jersey have been 32, 33, 34, and 36.
- Shaq weighs 315 kilos (143 kg) and stands 7 toes 1 inch (2.16 meters) tall
- Shaq has a 17-car storage in his residence.
Shaquille O’Neal Quotes
Listed here are some quotes from Shaq that cowl broad topics about enterprise, investing, and life. You may be taught lots about how Shaq thinks by reviewing these statements.
- “Me capturing 40 p.c on the foul line is simply God’s manner of claiming that no one’s good. If I shot 90 p.c from the road, it simply wouldn’t be proper.”
- “Some stuff you simply can’t query. Like you may’t query why two plus two is 4. So don’t query it, don’t attempt to look it up. I don’t know who made it, all I do know is it was put in my head that two plus two is 4. So sure issues occur. Why does it rain? Why am I so horny? I don’t know.”
“The largest factor that may outline my legacy is how I’ve performed it, and what I’ve performed, and who I’m. I’m a bizarre massive man. Doing rapping, doing films. Do numerous stuff. However at all times do issues the suitable manner. Went to the police academy to develop into a police officer. Get his grasp’s in prison justice, stayed out of bother. Performed for 3 completely different groups. Modified three completely different franchises round. This can be a man who they’d have secret conferences about to alter the principles. So, that’s going to be my legacy: probably the most dominant participant ever.”
- “The one one who can actually encourage you is you.”
- “My message to little youngsters who aspire to be something they need to be is to hearken to their dad and mom.”
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- “I had an terrible first quarter however I picked it up. To all you single guys on the market, it’s not the way you begin the date, it’s the way you end it sir. Lots of people can, , begin the date with flowers and sweet, however in case you don’t end the date – what I imply?”
- “For all my pals within the media who like quotes, mark this quote down. From this present day on I’d wish to be referred to as ‘The Massive Aristotle’ as a result of Aristotle as soon as mentioned, ‘Excellence just isn’t a singular act; it’s a behavior. You might be what you repeatedly do.’”
- “I’m a mixture of the Terminator and Bambi.”
“I don’t get nervous in any scenario. There’s no such factor as nerves whenever you’re enjoying video games.”
- “All the things occurs for a purpose. I’m used to it, I put together for it. Like I say, on the finish of the day, these in command of their very own future are going to do what’s proper for them and their household.”
- “One fortunate shot deserves one other.”
- “David Stern ought to get with the moms of the NBA and let the mothers resolve what the costume code must be. I requested my mom if I might put on a sequence, and she or he informed me yeah. So I do stuff that my dad and mom enable me to do.”
- “I’m a bizarre massive man. Doing rapping, doing films. Do numerous stuff. However at all times do issues the suitable manner.”
- “I’m a mama’s boy above all.”
- “My job has at all times been to entertain folks. I would like folks to chortle.”
- “Being right here looks like I’m out of jail. That is the suitable place, the suitable time, the suitable workforce.”
Shaquille O’Neal Biography
Earlier than we dive into the various companies that Shaquille O’Neal owns, let’s get to know a little bit bit concerning the man who’s identified for a lot of issues in and outdoors of the basketball court docket.
NBA Life
Shaquille O’Neal, additionally famously referred to as Shaq, is a famend basketball participant within the NBA who performs heart. He has performed for various groups via the years:
- Orlando Magic (1992 to 1996)
- Los Angeles Lakers (1996 to 2004)
- Miami Warmth (2004 to 2008)
- Phoenix Suns (2008 to 2009)
- Cleveland Cavaliers (2009 to 2010)
- Boston Celtics (2010 to 2011)
Shaq has gained many awards together with the Most Useful Participant (MVP) Award, All-Star Recreation MVP, and is a 4-time NBA Champion. In truth, Shaq made historical past in 2000 as one of many gamers to win MVP, All-Star Recreation MVP and Finals MVP in the identical 12 months.
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In 2011, Shaquille O’Neal retired from basketball with 28,596 factors. It was thought of the seventh highest complete within the historical past of NBA on the time he retired. In his interview with SportsCenter, Shaq mentioned the rationale for his retirement was as a result of “Father Time has caught up with (him)”. He additionally added “I’m going to overlook the competitors. I’m going to overlook, , the chase for the ring. You understand, I’m truly going to overlook every part.”
Actor, Artist, and Businessman
Although Shaquille O’Neal has made a reputation for himself as a basketball participant, he’s additionally extensively identified for a lot of issues. He’s an actor who has starred in a number of movies comparable to Blended, The Lego Film, and Hubie Halloween.
Shaq can also be an artist having launched a rap album and performs as a DJ. Shaq can also be principally referred to as a businessman. He has invested in shares, handled actual property, and owns various franchises notably Krispy Kreme, Auntie Anne’s, 5 Guys and extra. He has additionally created Massive Hen, a fast-casual place that options hen burgers which might be bigger in measurement than common.
Training
Shaq graduated in Barry College with a doctoral diploma in organizational studying and management with a specialization in human useful resource improvement in 2012. He additionally has a grasp’s diploma in enterprise administration which he graduated from within the College of Phoenix in 2015.
Shaquille O’Neal continues to be a giant participant within the enterprise aspect of issues now that he’s retired from basketball. Even along with his huge investments, Shaq doesn’t appear to be he’s stopping anytime quickly. I’m trying ahead to persevering with to comply with Shaq’s submit NBA profession to search out out what different companies – notably meals investments – that Shaquille O’Neal will get entangled in.
