| Shoukat Dhanani | |
|---|---|
 | |
| Born | Karachi, Sindh, Pakistan |
| Citizenship | American |
| Education | South Texas Junior College |
| Occupation | CEO of The Dhanani Group |
| Spouse(s) | Nadya Dhanani |
Shoukat Dhanani (conceived 1956) is a Pakistani-American financial specialist, financial backer, and philanthropist[1]. He is the Chief and top of The Dhanani Gathering, perhaps of America's biggest privately owned business, which he laid out in the mid 1970s with his dad and brothers. He has developed his business into a holding organization of 1,100 cafés, 125 odds and ends shops, and a discount fuel distributor.
Early life and schooling
Dhanani was brought up in an Ismaili Muslim family in Karachi, Pakistan. He is the child of Hassan Ali Dhanani and comes from Gujarati descent.
Dhanani and his more established sibling moved to Houston, TX in 1972-73 and started going to South Texas Junior School. While being a full time understudy, Dhanani filled in as a waiting assistant in an Italian café. At last, Dhanani started to work at a Tenneco service station. By 1976, Dhanani and his sibling had taken in the service station business and chose to purchase their own corner store, assuming control over a Shell at the edge of Hillcroft and Bissonnet Road on Houston's west side. This early speculation turned into a huge involvement with Dhanani's initial life and impacted his future investments.
Speculation profession
In the wake of having extraordinary progress in his most memorable corner store securing, Dhanani procured numerous other failing to meet expectations service stations, raised their deals, and renegotiated them under the brand of Handi Stop. In 1994, he had solid money stores, and he chose to fabricate service stations from the beginning and furthermore become a fuel wholesaler.
Later in 1994, a Burger Ruler franchisee proposed to sell him two of his cafés. That arrangement failed to work out, yet solely after Dhanani was supported as a franchisee. That is the point at which he chose to put a Burger Ruler inside another corner store he built. Dhanani was a trailblazer of co-marking service stations with cheap food organizations. "Back then, co-marking with food and gas was being discussed, however nobody had made it happen," Dhanani said.
Between 1994-2010, he just possessed 40 Burger Lords by means of The Dhanani Gathering, however he told Forbes, "We had a great deal of money. The economy was great. Furthermore, it was an extraordinary opportunity to purchase out grieved franchisees,". In 2012, Dhanani obtained 100 Burger Rulers in the New Britain area. Later in 2014, Dhanani bought 255 Burger Lords from The Blackstone Group.
Dhanani purchased his initial two Popeyes Establishments when President Cheryl Bachelder was beginning to patch up the establishment in 2010. By 2019, Dhanani claimed 12% of every one of Popeyes' eateries.
Starting around 2019, Dhanani claims more than 1,100 cafés comprising essentially Burger Lords, Popeyes', Sonic Drive-Ins, Dairy Sovereigns, La Madeleine pastry kitchens and Twister Anaya Mexican eateries.
Today Dhanani's organizations produce more than $2 billion in income every year. He has settled his business tasks in Sugar Land, TX and has isolated the organization into divisions, with a relative accused of running each division.
