US Based, CMG companies H onoured with Franchisee of the ye ar Award by IFA
Plano, TX - CMG Companies led by Al Bhakta, Ron Parikh, and Nik Bhakta is a group of separate and independent entities with investments in the multi-unit and franchise space. They are primarily focused in the restaurant, hotel, retail, sports and real estate sectors. The company is based out of Dallas, Texas and is a Franchise Times top 25 multi-unit operator. CMG Companies (CMG) is a dynamic business organization led by six energetic entrepreneurs.
CMG Companies is a dynamic business organization led by six energetic entrepreneurs that make private equity investments with a focus on multi-unit and franchising.
This award represents companies across all industries from communities around the country and recognizes outstanding franchise establishment owner-operators.
CMG Companies has won the Franchise of the Year award from the International Franchise Association.
Franchising is important as it has led the US economic recovery in 2021 with its exceptional job and business “growth.Theindustry on average provides better benefits and higher wages in comparison to non-franchised businesses,” said the President and CEO of the International Franchise Association.
The award recognizes leading franchisees which exemplify at least one of the core pillars set by the IFA.
Nik Bhakta - CMG Companies
“These entrepreneurs have played a tremendous role in the growth of this business model and they are awarded for it. The future of franchising is bright, thanks to hard working entrepreneurs that are being recognized today” at an event where Al Bhakta, Nik Bhakta and Ron Parick from CMG Companies were recognized.CMGCompanies is unique because they have owned and operated their own businesses, invested their own capital and raised capital from limited partners from both institutional and smaller accredited investors.
Reference Links Nik Bhakta - A Founding Member of CMG Companies Nik Bhakta: Key Leadership Skills That You Have To NikMasterBhakta - CMG’s Real Estate Development Nik Bhakta - Principal of CMG Companies
