Patrick Buckley
Empires
Empires explores the top brick & mortar businesses through stories, and interviews of multi-unit franchise operators, founders, and executives. empirespod.substack.com
Author
Patrick Buckley
Category
Podcast website
Latest episode
Jul 10, 2026
Where to listen?
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Episodes
Why Handel's is the #1 Ice Cream Business in America 10.07.2026 1:38:20
Andrea Huerta has been operating franchises since she was a teenager, starting as a crew member in her parents McDonald’s location. After helping her family grow a portfolio of El Pollo Loco locations, Andrea decided to go all in on Handel’s Ice Cream. Handel’s might just be the top ice cream business in America on a per unit basis, and Andrea shares everything there is to know about this concept,...
How One of the Largest Family Owned Fast Food Empires Was Built (265+ units) 02.07.2026 1:21:15
Harsh Ghai is one of the largest Burger King franchise owners in America. He's also one of, if not the, largest family owned franchisee with over 250 locations across Burger King, Taco Bell, & Popeye's. We discuss the Burger King comeback, as well his lessons operating over multiple decades....OPEN NEW LOCATIONS IN WEEKS WITH CLOUDKITCHENS: https://l.cloudkitchens.com/empiresBUY OR SELL FRANCHISES...
The Bagel Wars: How H&H Is Scaling Without Private Equity 22.06.2026 1:19:07
Jay Rushin, owner of H&H Bagels, joins the podcast to break down the rise of the bagel category, why H&H has taken a different path from venture-backed competitors, and how the brand is scaling its New York bagel model through franchising. He shares the story behind acquiring H&H, rebuilding the business, launching breakfast sandwiches, building a Queens production facility, and creating a franchi...
The Evolution of Subway - Bill Mathis (3 unit owner) 10.06.2026 1:03:56
Bill Mathis worked for Subway starting in 1992, and eventually became a franchise owner in 2001. He's owned as many as 4 stores, and gives us an inside look at the brand over the past few decades. We dive into everything and everything, including the impact of the $5 footlong promo, the sandwich wars with Quiznos, what Fred DeLuca was like, and how the transition under Roark Capital has been. FOR...
The Iconic New York Slice Shop That's Franchising (Prince St. Pizza) 28.05.2026 1:20:40
Prince Street Pizza went from a single NYC slice shop to one of the most viral pizza brands in America. In this episode, Prince Street Pizza CEO & co-owner Lawrence Longo breaks down how the brand exploded through Instagram, celebrity co-signs, and its iconic Spicy Spring slice. He’s now leading the brand's expansion across the U.S. with a highly selective franchising strategy. JOIN OUR WEEKLY NEW...
Building Jersey Mike's - 25 Unit Operator 15.05.2026 1:09:29
Kavrin McGuire operates 25 Jersey Mike’s locations alongside his father and brother. In this conversation, we break down:• How Jersey Mike’s maintains product quality at scale• What it’s actually like operating a high-volume sandwich business• Why Peter Cancro built such intense loyalty among franchisees• The truth about the Blackstone acquisition rumors• How Kavrin’s family scaled through acquisi...
Inside the Largest KidStrong Empire (60+ Units) 30.04.2026 1:09:19
Joe Pedatella is scaling one of the fastest-growing KidStrong empires in the country: * 16 locations open * 60+ in development * And a goal of 100 long term In this episode, he breaks down how he pre-sold 700 members before opening, built a culture that scales, and turned one gym into a multi-unit machine that is only just starting to hit it’s stride. Considering buying a franchise? www.empirespod...
Franchising the Farm: Area 2 Farms 24.04.2026 1:15:38
Area 2 Farms, a venture backed start up, is trying to bring (vertical) farms into every town across America. They've learned from past mistakes of other vertical farm startups, and have changed the model, which they are now franchising... Considering buying a franchise? https://www.empirespod.com/buy-a-franchiseSubscribe to our weekly newsletter: https://empirespod.substack.com/For multi-unit fran...
The Booming Business of Bundt Cakes 15.04.2026 25:06
Nothing Bundt Cakes was recently acquired for $2 billion dollars. Founded in 1997, the brand has quietly built one of the greatest franchises of all time. I explore how they did it, and what their unique X-factor is that has created such consistent success…. Listen to the full conversation with Nick (coming out next week): https://www.youtube.com/@EmpiresPod Subscribe to my weekly newsletter: Cons...
What It’s Really Like To Operate Chick-Fil-A (2-Unit Owner) 31.03.2026 2:09:04
Brandon Hurst went from - in his own words - “a broke college student” working overnight shifts, to becoming one of the top-performing Chick-fil-A operators in the country, now running multiple locations that generate tens of millions in revenue. In this conversation, Brandon breaks down the real Chick-fil-A business model, why the $10K buy-in is misunderstood, and how profit-sharing actually work...
How a Soviet Refugee Built a $12M Restaurant Empire 20.03.2026 1:03:37
Orhan Veli’s story sounds like a movie. At age 6, he watched the Soviet Union collapse overnight: chaos, violence, and uncertainty took over. His family fled with nothing. Within months, his father built a small business…until the mafia burned it down and demanded payment. They eventually escaped to the United States with just $25,000. From there: Roofing jobs in Florida Delivering pizzas Living i...
How Wingstop Became an Empire 14.03.2026 40:26
Get in Touch Interested in buying a franchise? https://www.empirespod.com/buy-a-franchise Are you a multi-unit owner considering selling your business? https://www.fdcapitalgroup.com/ 📝 Episode Description Wingstop started as a tiny wing shop in Dallas in 1994. Today, it’s a $5+ billion global franchise empire with over 3,000 locations, and one of the most profitable unit economic model...
From Dutch Bros Barista to $20M Exit | Darren Spicer (Clutch Coffee Founder) 27.02.2026 1:19:36
Get in Touch Interested in buying a franchise? https://www.empirespod.com/buy-a-franchise Are you a multi-unit owner considering selling your business? https://www.fdcapitalgroup.com/ Get in touch with Darren: https://110-ventures.com/ https://leapbrands.io/ 📝 Episode Description Darren Spicer started as a barista at Dutch Bros. Years later, after the company shut down its franchise...
He Quit His Job to go all in on Club Pilates 19.02.2026 1:00:33
Get in Touch Interested in buying a franchise? https://www.empirespod.com/buy-a-franchise Considering selling your franchise locations? https://www.fdcapitalgroup.com/ Description In 2016, Jon left a secure family business to invest in a then-emerging boutique fitness concept: Club Pilates. Less than a decade later, he owns 48 studios across three states and recently partnered with private...
From One Motel to Billions: The Patel Hotel Empire 12.02.2026 32:15
Get in Contact For multi-unit owners looking to sell their business: https://www.fdcapitalgroup.com/ Interested in buying a franchise? https://www.empirespod.com/buy-a-franchise Description Today, Indian Americans own over 60% of hotels and motels in the United States. Most of them trace back to one region in India: Gujarat. But this didn’t happen by accident. It began in the 1930s with Kan...
The Man Trying to Save Frozen Yogurt Franchising 30.01.2026 59:36
Get in Touch Interested in buying a franchise? https://www.empirespod.com/buy-a-franchise Are you a multi-unit franchise owner considering selling your business? https://www.fdcapitalgroup.com/ Partnership Opportunities https://www.empirespod.com/about#about-footer 🧠 Episode Description Frozen yogurt was written off as a dead category. Neil Hershman didn’t buy that. After leaving finan...
He's Building a Dessert Truck Empire (70+ territories) 23.01.2026 1:04:34
In this episode, Cliff Kennedy, CEO of Frios Gourmet Pops, shares how he went from being a franchisee to acquiring the entire brand, rebuilding the company from the ground up, and transforming it into a mobile-first dessert empire Interested in We unpack: Why Frios’ product was great, but the company was broken How COVID forced a shift from brick-and-mortar to mobile trucks The economics of a mobi...
The Ex-Private Equity Analysts Building a Meineke Empire (25+ locations) 06.01.2026 48:12
Get in Contact For multi-unit owners looking to sell their business: https://www.fdcapitalgroup.com/ Interested in buying a franchise? https://www.frandawgs.com/buy-a-franchise Get in touch with the host: https://www.linkedin.com/in/patrick-buckley-%F0%9F%8C%AD-89539499/ Get in touch with Jack and Jake: https://www.linkedin.com/in/jack-foster-098030a8/ https://www.linkedin.com/in...
He Built a Dunkin' Empire (100+ locations) 21.12.2025 42:45
Raj Patel is one of the most prolific franchise operators in the country. His family started with one Dunkin’ in the late 1980s — today, Raj oversees a 100+ unit portfolio across Dunkin’, Dave’s Hot Chicken, and several other brands. In this episode, we go deep into: How Raj decides which brands to bet on Why leadership matters more than food What it’s really like to scale from 1 store to 100+ How...
How Private Equity Thinks About Franchising — With Wonder’s Adam Lewin 25.11.2025 53:03
Most people think private equity “kills” franchise brands. But in this episode, Adam Lewin — CEO of Wonder, a holding company for franchisors and multi-site operators — explains why the truth is far more nuanced. Adam breaks down: How Wonder evaluates franchise acquisitions Why they refuse the typical “platform” roll-up model What emerging franchisors get wrong Why franchise hype cycles (Dave’s Ho...
The Economics of Hotel Franchises - Keni Patel 17.11.2025 58:16
Are you a multi-unit franchisee looking to sell your locations? https://www.fdcapitalgroup.com/ Are you interested in buying a top new restaurant franchise? https://eatagape.com/franchise/ Keni’s story begins in 1982, when his family immigrated to the U.S. with nothing but visas and a network of distant relatives. Like many Patels from Gujarat, his family moved directly into a relative’s mot...
He Built a Wingstop Empire (then launched his own brand) 23.10.2025 56:52
Agapé Restaurants: eatagape.com Franchise Info: eatagape.com/franchise Matt started as a Subway employee at 13 — and by his twenties, he owned 12 locations. From there, he expanded into Cinnabon, Dunkin’, and Wingstop, learning hard lessons about unit economics, scaling challenges, and why some brands hit ceilings while others explode. Today, Matt is the co-founder of Agapé, a fast-casual Mediterr...
He's Building a Sauna Spa Empire (6+ locations) 15.10.2025 52:22
Connect with FranDawgs Agape franchise opportunity: https://eatagape.com/franchise/ Buy a franchise: https://www.frandawgs.com/buy-a-franchise Sell your franchise: https://www.fdcapitalgroup.com/ YouTube: FranDawgs Podcast LinkedIn: Patrick Buckley Episode Summary At just 28, Nico Verano walked out of a private equity job and into the heat—literally. After hearing SweatHouz founder Jamie Weeks p...
Why Drive-Thru Coffee Brands are Becoming Empires 03.10.2025 54:28
Chris Hatch, founder of Dirt Dogs and Forza Commercial, breaks down the business of owning the land beneath America’s top franchises. From Dutch Bros and Raising Cane’s to the dirty soda craze, Chris explains how site selection, drive-thru culture, and brand “soul” shape billion-dollar outcomes. A masterclass on franchising, real estate, and what makes a location truly win. Interested in Agape?...
Why Swig is Becoming an Empire (ft. Swig's 1st Investor) 24.09.2025 1:07:43
Austin Smith started his career helping build Savory Fund into a powerhouse that scaled concepts like Swig, Mo’Bettahs, and R&R Barbecue. After years of investing in food & beverage, he made the leap from investor to operator — taking a massive bet on Big Blue Swim School. Considering buying a franchise? Reach out: https://www.frandawgs.com/ If you’re a multi-unit owner considering selli...
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