TL;DR
Popeyes operators Syed Mujahid Iqbal and Syed Abid are developing 10 Take 5 Oil Change locations in the Washington, D.C. and Maryland markets. The brothers, who are Popeyes franchisees, were looking to diversify their business holdings with a non-food opportunity.
Syed Mujahid Iqbal and his brother Syed Abid are Popeyes franchisees who were looking to diversify their business holdings. They found their vehicle with Take 5 Oil Change and will now develop 10 locations for the oil change franchise in the Washington, D.C.
and Maryland markets. The multi-unit Popeyes operators built their QSR empire through a combination of resales, new development, and conversions. But they were looking to diversify their portfolio with a growing, non-food opportunity and landed on Take 5 Oil Change.
“We have had much success with our current business,” said Syed Mujahid. “However, the QSR business is not without challenges. There are a hundred components that all need to be in place to operate successfully, and as we looked to expand outside the food industry, we found Take 5 to be a simple, easy to scale business with a great concept and an essential need.”
“You can drive a car with bad tires for a while, or a dented fender, but a regular oil change is essential to the continuing operation of your vehicle,” added Syed Abid. “The need is there, and no one excels at the customer service aspect of meeting that need better than the Take 5 brand.” The Iqbals developed a strong management team for their Popeyes locations and say they’ll do the same for their Take 5 Oil Change stores.
“We came to America 15 years ago, and we are thankful to be in a thriving business and be a job provider to people in this great country,” said Syed Mujahid. “There are workers and there are job creators, and we chose to be job creators, and risk our hard-earned money to be able to be in that role and provide others with employment,” said Syed Abid. Take 5 Oil Change, part of Driven Brands, has more than 530 company-owned and franchised service centers throughout the United States and Canada.
In this story
This story was originally published by Multi-Unit Franchisee in Franchising.com on July 14, 2021. Burnaze summarizes and links to the original reporting.
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