Multi-Unit Franchisee Magazine Issue III, 2012 | Page 40

MVP 2012

Jack in the Box tuition-reimbursement
program allowed him to earn an undergraduate degree and a master’s degree
in business administration. Some smart
real estate investments opened his world
to franchising ownership opportunities.
In 2007, he moved his wife and two children to the Houston area, where he now
operates 109 Jack in the Box franchises.
(When we last visited with Eyvazian two
years ago he had a “mere” 59 Jack in the
Box locations).
The recipient of numerous awards—

including The National Restaurant Association’s first-ever American Dream
Award— the ever humble Eyvazian is
uncomfortable with the spotlight. The
MVP Noble Cause Award was an emotional moment that he credits to the
experiences he has gained working with
the H.E.A.R.T. (Housing, Entrepreneurship, And Readiness Training) Program.
He currently serves as chairman of the
board for the program, which provides
real-world training for low-income adults
with developmental disabilities.

Eyvazian will never take his freedom
for granted. He is passionate about encouraging others to succeed and believes
in loyalty, building relationships, delivering what you promise, and never giving up. And he describes luck as “Labor
Under Correct Knowledge,” something
that happens when you don’t give up.
“No matter what we go after my
father used to tell me, “When you fall,
don’t stay down. Get up and run. That
is how you win,” says Eyvazian. “There
is no substitute for hard work.”

BOTTOM LINE
Annual revenue: NA
2012 goals: To be better than 2011.
Growth meter: How do you measure your growth? By the
growth of my people.
How has the most recent economic cycle affected you, your
employees, your customers? The same as it has affected every business, employee, and customer in this economy.
Are you experiencing economic growth/recovery in your market? Yes.
What did you change or do differently in this economy
that you plan to continue doing? Going back to the basics of the
business.
How do you forecast for your business in this economy? By
looking at the trends.
Where do you find capital for expansion? From banks.

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Multi-Unit Franchisee Is s ue III, 2012

Is capital getting easier to access? Why/why not? It has become easier, compared to last year.
Have you used private equity, local/national banks, other i