He owns 17 Auntie Annie’s Pretzels restaurants, 150 car washes, 40 24-hour fitness centers, a Krispy Kreme franchise, a Big Chicken restaurant, a retail mall, a cinema, many Las Vegas nightclubs, and was formerly the joint owner of 155 Five Guys Burgers restaurants, according to reports.
Shaq had more than 10% of the Five Guys restaurants, according to Moneyinc.com, and while he told CNBC that he has now sold his investment, he did confess that the burger business had been “extremely beneficial” to him.
He stated that his “favorite one right now is Krispy Kreme” in an interview with the Wall Street Journal earlier this year. One might wonder why, so he responded, “Cause I like doughnuts, And Charles Barkley loves doughnuts. And he’s my biggest customer. I wanna be a large part of that business.”
17 Auntie Anne’s
Auntie Anne’s is a food store that sells fresh-baked soft pretzels, lemonade, and other snacks and drinks. Since its inception in 1990, the brand has grown to over 1,900 units worldwide. Across six continents, stores can be found in shopping malls, airports, and train stations. According to reports, O’Neal owns 17 Auntie Anne’s franchises, which sell fresh-baked soft pretzels, lemonade, and other associated snacks and beverages. Shaq is said to own eight stores in Buffalo, New York, and nine in Michigan. With the average cost of building a new Auntie Anne’s store being around $385,100, we estimate that Shaq has spent a total of $6,546,700 on all 17 of his Auntie Anne’s retail locations.
155 Five Guys Burgers
If you are unfamiliar with Five Guys restaurants, they are fast-casual dining establishments that specialize in the sale of hamburgers, French fries, and other related accompaniments in accordance with the franchisor’s comprehensive and unique system of recipes and procedures. Five Guys restaurants can be found at shopping malls, train stations, sports arenas, airports, and university campuses, among other places. It’s fairly tasty, so it’s no surprise that Shaq, who told TMZ he had created a firm named Shaquille O’Meals and claimed, “I’m going to be investing in food franchises,” bought 155 franchises for a total of $716,250. All of these establishments are estimated to have cost him more than $100 million.
1 Krispy Kreme Doughnuts
According to TMZ, Shaquille O’Neal is a huge Krispy Kreme enthusiast who wants to purchase 100 of the doughnut restaurants. Shaq now owns only one doughnut business in Atlanta, which he purchased for $2,750,000, but he plans to grow his doughnut empire. When it comes to owning a Krispy Kreme franchise, there are four different formats to choose from. Each location is primarily used for the on-premises sale of a variety of fresh doughnuts, beverages, and other related culinary goods and services as prescribed by the franchisor.
9 Papa John’s Pizza
When it comes to food, Shaq isn’t content with doughnuts and burgers; he just purchased nine Papa John’s Stores for a total of $844,420. The franchise is a quick-service retail establishment that specializes in the selling of pizza and related foods. With Papa John’s, Shaq crafted a triple threat contract. He became a brand ambassador for Papa John’s and joined their board of directors in 2019, in addition to the nine stores. Shaq’s Papa John’s portfolio appears to be worth roughly $7,599,780, based on his nine franchises.