---
title: "Florida Operator Continues Expanding His 7-Brand Portfolio"
url: https://burnaze.com/article/396380f0-5d48-427b-bb07-97d25d8282fa
source: "Franchising.com"
original_url: https://www.franchising.com/articles/florida_operator_continues_expanding_his_7brand_portfolio.html
author: "Multi-Unit Franchisee"
category: "Retail"
industry: "Retail"
published: 2020-10-14T07:00:00.000Z
modified: 2026-11-01T02:31:38.373Z
image: https://imgs.franchising.com/art/articles/5599_plate.jpg
---

# Florida Operator Continues Expanding His 7-Brand Portfolio

**TL;DR:** Vik Patel's company, Purple Square Management, is expanding its 7-brand portfolio, including Take 5 Oil Change, in seven states. The company operates over 150 franchise locations, including Dunkin Donuts/Baskin Robbins and Popeyes Louisiana Kitchen.

*By Multi-Unit Franchisee, originally published in Franchising.com on 2020-10-14. [Read the original](https://www.franchising.com/articles/florida_operator_continues_expanding_his_7brand_portfolio.html).*

## Story

Vik Patel’s company operates more than 150 franchise locations including Dunkin Donuts/Baskin Robbins, Popeyes Louisiana Kitchen, The Brass Tap, Rent-A-Center, and Take 5 Oil Change in seven states. His Florida-based Purple Square Management Company is still expanding and just opened its second Take 5 Oil Change location in Orlando. “Any entrepreneur in my position, heavily invested in Quick Service Restaurants (QSR), looks to diversify their holdings,” said Patel.

“Take 5 has proven to be a great diversification play for us because it is an essential business in a solid industry, with a business model that is simple and not far removed from the QSR model. It involves shorter hours, non-perishable inventory, and requires less staffing than QSR, which add to its attractiveness as an investment.” Patel came to franchising by way of his earlier career as a commercial broker who helped franchisees find financing to successfully open their franchise businesses.

During this time he says he learned a lot about franchising and decided to open his first franchise—a Dunkin Donuts in Tampa – in 2006. Growth and diversification have followed over the last 14 years. Take 5 Oil Change is part of Driven Brands and has more than 530 company-owned and franchised service centers throughout the United States and Canada.

## Entities

- Franchising.com (publication)
- Retail (sector)
- Multi-Unit Franchisee (person)
- The Brass Tap (company)
- Baskin-Robbins (company)
- Dunkin' Donuts (company)
- Driven Brands (company)
- quick service restaurants (topic)
- portfolio expansion (topic)
- Take 5 Oil Change (company)
- franchise locations (topic)
- Popeyes Louisiana Kitchen (company)

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Originally reported by Multi-Unit Franchisee, Franchising.com (https://www.franchising.com/articles/florida_operator_continues_expanding_his_7brand_portfolio.html). Summarized by Burnaze (https://burnaze.com/article/396380f0-5d48-427b-bb07-97d25d8282fa).