Multi-Unit Franchisee Magazine Issue I, 2015 | Page 14

BY HELEN BOND Better Late Than Never! W Shahid Hashmi is making up for lost time hen it comes to franchising, Shahid Hashmi has just one regret: he wishes he’d gotten into it earlier. Hashmi is making up for lost time in a big way. The multi-unit franchisee, whose holdings in the Mid-Atlantic and Northeast regions include 45 Popeyes Louisiana Kitchens, 2 Burger Kings, 2 Retro Fitness gyms, and, most recently, ZIPS Dry Cleaners, has hatched an aggressive growth plan that he predicts will top $150 million in revenue in the next 10 years. Armed with two MBAs and 20 years of financial experience in the telecom industry, Hashmi considered his initial foray into franchising an investment when he opened a Popeyes store in Washington, D.C., in 1994. He soon would quit his day job after discovering he needed to be more than just a weekend boss. “If you are an entrepreneur, you can’t be part-time,” says Hashmi, managing partner of Pure Foods Management, which operates in the D.C. area and NAME: Shahid Hashmi TITLE: Managing Partner COMPANY: Pure Foods Management NO. OF UNITS: 45 Popeyes, 2 Burger King, 2 Retro Fitness, 1 ZIPS Dry Cleaners AGE: 65 FAMILY: Wife Shaheen; two children, daughter Mishell (33) and son Shahzeb (31) YEARS IN FRANCHISING: 20 YEARS IN CURRENT POSITION: 20 12 MULTI-UNIT FRANCHISEE IS S UE I, 2015 MUF15-1_hashmi(12,13,14).indd 12 1/15/15 3:20 PM