Published On: February 8th, 2023 / Categories: Blog /
One of the most well-known figures in NBA history is Shaquille O’Neal. This is not only because of his excellent basketball history; it’s also due to his tremendously quirky personality. O’Neal’s pursuits outside of basketball got increasingly successful until he constituted his commercial empire by the time he announced his retirement in 2011. What companies does Shaquille O’Neal hold, and how did he manage to gain such considerable wealth? Read for yourself and find out What all franchises does Shaq own?
About Shaquille O Neal
Shaquille is an excellent manager who has business managerial experience. His brands are constantly getting better and more innovative Shaqs is driven and tenacious enough to ensure the success of each of his businesses. Additionally, he enjoys being active in all facets of his company. He serves as a fantastic example for ambitious entrepreneurs.
Shaquille is a sincere businessman and entrepreneur. He is always enhancing and inventing his brands, and he knows how to raise profit. Shaquille and his brands are constantly evolving and getting better.
Big Chicken, his most recent venture, can become his most lucrative company ever. He can turn Big Chicken into a prominent brand, thanks to his connections with celebrities and fast food experience.
Why is Shaqs So Famous?
By casual standards, all NBA players are considered to be popular, yet Shaquille is anything but conventional. Firstly, he is greatest strength was as a basketball player. Second, because of his cheerful, innocent personality, whatever he has accomplished on the court is amplified a hundred thousand times.
In terms of basketball accomplishments, know more about his achievements in his 19-year career as given hereafter
1993 NBA Rookie of the Year
Two-time Scoring Champion
2000 NBA MVP
Three-time All-NBA Defensive Second Team
15-time NBA All-Star
Eight-time All-NBA First Team
Two-time All-NBA Second Team
Four-time All-NBA Third Team
Three-time Finals MVP
Shaquille received numerous honors while in college in addition to his NBA accomplishments. Both the Adolph Rupp Trophy and the Associated Press Player of the Year were given to him in 1991. He retired with three jerseys upon the end of his basketball career: #33 for LSU, #32 for the Miami Heat, and #34 for the Los Angeles Lakers.
Nevertheless, he did not stop there. Shaquille rose to fame as a rapper and a movie star as well. He’s certainly not as skilled in those areas as he was in the basketball court, but his involvement in Hollywood and music helped boost his fame.
What is Shaq’s current net worth?
According to NBC Sports, Shaq’s net worth as of 2021 is almost $400 million. Although the precise amount divided by each of the businesses that he’s participated in has never been released, the star is said to earn about $60 million annually from endorsements and different business ventures.
Shaquille earned about $292 million as salary alone during his time in the NBA. Additionally, he earned an additional $200 million through business contracts and endorsement deals throughout his professional sports career.
If anything is apparent from all of this, it’s that he has made smart financial choices to be who he is today and what has done so far in the spotlight.
The Big Chicken brand proves to be a radical concept that serves your childhood favorites with a twist. Lucille’s Mac ‘n’ Cheese, with a crunchy Cheez-It crust, is the company’s distinctive item. The menu also contains delectable chicken sandwiches and tenders that everyone will enjoy.
The fact that Shaquille O’Neal, a Hall of Fame player in the NBA, is behind it is a significant appeal for the brand. O’Neal founded the company, which now collaborates with JRS Hospitality and Authentic Brands Group.
Carl Daikeler together with Jon Congdon launched the company in Santa Monica, California in 1998. The Beachbody, headquartered in El Segundo, California, is a publicly traded American fitness and media company. It is the parent company of several brands such as Beachbody On Demand, MYXfitness, Team Beachbody, and Openfit.
In addition, the company offers dietary supplements such as Beachbar and Shakeology and Beachbar via direct response advertisements and multi-level marketing through independent coaches who act as sales consultants.
Forever 21 was an international fast fashion retailer based in Los Angeles, California, USA. Founded in 1984 as the retailer Fashion 21 in Highland Park, Los Angeles, it is now operated by Simon Property Group and Authentic Brands Group, with around 540 locations.
The company sells accessories, beauty items, home goods, and clothes for women, men, and children, and it is regarded as the peak of the fast fashion industry because of its fashionable and trendy offerings at low prices. The company has been engaged in a number of scandals, including allegations of unfair labor practices and copyright infringement.
JCPenney is a mid-sized American department store company with 667 locations spread over 49 states and Puerto Rico. M ens, girls, bedding, jewelry, lingerie, Sephora, women, baby, home, shoes, and leased departments like Seattle’s Best Coffee, US Vision optical centers, and Lifetouch portrait studios are just a few of the departments found inside JCPenney stores.
The majority of JCPenney stores were originally situated in downtown regions, but as the popularity of shopping malls increased in the 1960s, the chain started moving its stores and building new ones to serve as the anchors of the malls. JCP has opened both standalone and power center locations in recent years, sometimes next to rival retailers.
With a completely unique spin on the spa franchise model, their spas, built around the legendary Marilyn Monroe brand, are changing the beauty and spa sector. Marilyn Monroe Spas locations provide their clients with a variety of beauty, hair care, grooming, and body maintenance services like facials, massages, cosmetics application, manicures and pedicures, and waxing. The $48 billion spa market is a growing sector for the company.
As a master franchise, Marilyn Monroe Spas is in charge of finding, establishing, and assisting franchisees in their region.
Amazon owns the home security business Ring. In 2012, Jamie Siminoff founded it. The Ring Video Doorbell, which users can see and speak with via a smartphone app, is the company’s main product. In 2016, Shaquille invested in Ring and made an appearance in a few of its advertisements.
What brands and franchises does Shaq own?
He has many locations of many of these franchises. Shaquille is always pleased to acknowledge the benefits of franchising for himself. His engagement in these franchises and businesses goes much beyond mere financing.
Here is a list of some of Shaq’s previous franchises and businesses
Sacramento Kings is a California-based American professional basketball team. The Pacific Division of the Western Conference is where the Kings compete as a member of the National Basketball Association.
The Kings are the only Sacramento-based organization in the top professional North American sports leagues. Since 2013, Shaquille has owned a small portion of the Sacramento Kings. He belongs to a group that owns about 5% of the team.
Big Chicken Restaurant Shaquille has recently stepped into the role of a franchiser. Except for extra-large servings, his fast-food restaurant, Big Chicken, delivers amazing chicken sandwiches. Shaquille has overseen every step of this project. He currently operates 10 locations with extremely good ratings.
24-Hour Fitness Centers
One of Shaq’s more understated franchise investments was the 40 fitness establishments he bought. Except for the number, we fail to know very much. As with many of his investments, they are allegedly located in the Atlanta region. However, since Shaquille was an athlete, it makes sense.
The Coca-Cola Company owns the Vitaminwater brand of flavored water products. The original product was developed in 1996, and Coca-Cola purchased it in 2007. Shaquille has long been a fan of Vitaminwater, and he even created his special flavor called “Shaquille Fu Punch.” He teamed with the business for the first time in 2008, and since then, he has been in several of their commercials.
Currently, Shaq is the franchise owner of 17 Auntie Anne’s pretzel restaurant. That smell of the mall is well-known to everyone. At little over $30,000, these constitute a hefty investment. The price reflects the cost for each vendor of pretzels.
PepsiCo is an American company that manufactures and produces Pepsi, a carbonated soft drink. Shaqs has always been a lover of Pepsi and even has his flavor, “Shaq’s Soda”.
Lyft is a transportation network company headquartered in San Francisco, California, that operates in 640 cities across the United States and 9 cities in Canada. Logan Green and John Zimmer founded the company in June 2012 intending to improve people’s lives by providing them with the best transportation. Shaq’s first invested in Lyft in 2013, when it was still a startup. He has continued to put more money into the company as it has grown and prospered.
Shaq’s first significant investment in a franchise was in this chain. He eventually bought and then sold 155 Five Guys restaurants. That amounted to 10% of their company at the time. The Diesel eventually sold his stake in the fast-casual franchise. Five Guys Burgers restaurants have undoubtedly made him wealthy.
Shaq’s owns nine Papa John’s restaurants in and around Atlanta. He has also appeared in Papa John’s commercials and other advertising. He not only purchased nine franchises but also sold the company the right to use his voice and likeness for $8.5 million. Shaqs has also served as a board member and brand ambassador for the popular restaurant chain since 2019.
This donut franchise is widely regarded as his personal favorite. Shaqs, like many of us, fell in love with Krispy Kreme while in college. He set out to own a Krispy Kreme franchise and was successful in acquiring one in Atlanta that is nearly 60 years old.
Shaqs established the Majority Agency in 2021. The company specializes in digital marketing. Google, Dunkin’ Donuts, and Verizon are among the clients who have worked with the agency.
Shaqs also owns the Shaquille’s restaurant in Las Vegas. Filet mignon, shrimp scampi, and chocolate cake are all on the menu.
Shaq owns about 150 car washes, so he has a lot to say about them as investments. These are some of the most profitable money-making opportunities. Though these may or may not be franchised, they all represent the same type of business that treats him well.
What franchises does Shaq own?
He owns multiple of a number of franchises. Shaq is always willing to acknowledge that franchising has been beneficial to him. His engagement in these franchises extends much beyond a mere investment.
Here is a brief list of Shaquille O’Neal’s franchise ventures
The largest pretzel business in the world, Auntie Anne’s is renowned for its distinctive in-store baking method that yields deliciously fresh, hot pretzels that are ideal for dipping in a range of sauces.
Warm, freshly made pretzels in a range of designs and tastes are available at Auntie Anne’s. Additionally, it provides a selection of dips, beverages, and menu items such as pretzel dogs and mini-pretzel dogs.
A fast food restaurant called Five Guys specializes in high-end hamburgers, hot dogs, and fries. They provide fast-casual food, a staple of fast-food restaurants all over the world and a favorite in America. They are known as the American fast-food chain with the quickest growth.
The Five Guys burger chain is a tried-and-true recipe for business success, not a way to get rich quickly. Many award-giving organizations have praised their meals, including the most recent “Top Burger Award” from Zagat Polls, which ranks the top fast food items in America.
Papa John’s has everything you need to make your pizza dreams come true. Since its establishment in 1985, Papa John’s has expanded to become one of the biggest pizza delivery services globally.
The chain has more than 5,000 locations worldwide to provide the best pizzas because it thinks that everyone deserves it. With over 2,000 locations worldwide, they have more than 2,500 franchises in the United States. The brand is now popular all over the world as a result of sponsorship and substantial radio and television advertising.
Every time of the day, Krispy Kreme donuts fulfill sugar cravings, and this amazing franchise always offers coffee and other drinks available to go with these delicious doughnuts. Vernon Rudolph founded Krispy Kreme in North Carolina in 1937. It is well known for its glazed donuts. In the beginning, Rudolph sold his goods to neighborhood markets and convenience stores.
Bankruptcy and the Great Depression during the company’s first expansion in the 2000s are only two of the numerous setbacks it has experienced. Recently, Krispy-Kreme has concentrated on growing outside of the US and highlighting the accessibility of hot, caffeinated beverages.
Big Chicken combines O’Neal’s beloved childhood foods from his mother’s kitchen with popular flavors right now. Every dish on the menu, from Cheez-It coated mac n’ cheese to hand-crafted ice cream shakes, to crispy chicken sandwiches and tenders tells a tale and gives diners a glimpse into Shaquille O’Neal’s character and life.
With support from Authentic Brands Group, JRS Hospitality, and basketball legend Shaquille O’Neal, Big Chicken was founded in 2018.
Conclusion: What does Shaq o Niel Own?
Hopefully, by this point, you are familiar with Shaq’s franchises. Shaquille O’Neal has sound business sense. He has made investments in a variety of enterprises of various sizes. And his money is still going. Share your feedback and aspirations after you know-What does Shaq own?
When it comes to food investments, Shaq demonstrates that he values authenticity by only financing products he uses himself. He has a big heart and attempts to be as helpful as he can be to others around him. Shaq is a man doing big in business, which represents his unique style.
Frequently Asked Questions (FAQs)
What Franchises does Shaq own?
Shaq owns several franchises, some of them namely Auntie Anne’s, Five Guys, 24 Fitness Centers, Papa John’s, Krispy Kreme, and Big Chicken.
What companies does Shaq own in 2021 and 2022?
Shaq owns various companies in 2021 and 2022, such as Quick Takeaways, Auntie Anne’s, Five Guys, Papa John’s, 24-Hour Fitness Centers, Car Washes, Krispy Kreme, Big Chicken Restaurant, etc.
What company does Shaq own?
Shaq owns 50 brands in multiple industries. He obviously understands how to generate money. Shaq is involved with a variety of businesses, including gyms, car washes, and restaurants.
What food chain restaurants does Shaq own?
Shaquille owns businesses such as Papa John’s, and Five Guys. Car Washes, Auntie Annie’s, 24-hour Fitness Centers, and Krispy Kreme. Outside of franchising, he has other businesses, including Lyft and JCPenney.
What does Shaq own the rights to?
He owns 150 car washes, 40 24-hour fitness centers, a retail mall, a movie theatre, and various nightclubs in Las Vegas.
Shaq holds shares in Gold Bond, Buick, Elvis Presley, JCPenney, The General, Icy Hot, Marilyn Monroe, Forever 21, and Auntie Annie’s Pretzels, among other companies.