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
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