Nizar Khimani, 34
years old, has lived in a few states such as New York, Texas, Florida and
Georgia and went to the University of Georgia receiving a double major in
finance and IT systems. He started out
working in consulting and IT, then in the hotel industry for six years before
it became clear to him that what he wanted to do most was own his own business.
Nizar’s brother-in-law, who is his current business partner, established some
strong research in franchising. Noticing the industry was on the rise, the duo
focused their attention on frozen yogurt brands. Nizar went into business with
TCBY because of their strong national presence. His uncle also operates a TCBY
in Dallas. When Nizar decided to support the TCBY footprint in Texas, he wanted
to make a fresh start with his own store. Nizar has been operating the store
since the beginning of February 2013 in a popular neighborhood of Houston. The
store has been open since October 2011.
How did you learn
about the brand?
I always knew
the self-serve industry was my thing from my family ties. It particularly seemed like a good fit because
it is an established brand and I knew the frozen yogurt industry was on the
rise.
Why did you choose
an opportunity with TCBY?
I believe TCBY offers the best product available for the
industry. The taste of the product
and its historical reputation strongly appeal to me. The previous owners were active,
but I felt I could contribute more and be more hands-on reaching out to the
community.
Are you involved
with any charities or do any community outreach with your business?
We are just getting going, but we did give out gift cards
about three weeks ago to the community. Our goal is to get more involved
especially with so many community focal points around us, such as schools and
hospitals.
What challenges
have you overcome to get where you are now?
I come from a line of entrepreneurs with my grandfather
and dad in franchising; it’s almost in my blood. I was working in the corporate
arena and at some point knew I’d branch out on my own. My dad had a deli and
gas station growing up and I would help him at the stores. It was more about
making the decision to go into it and build something for myself.
Do you have any
superstar employees? What is their story?
We’ve been lucky enough to be able to keep the previous
staff in place. They have done a great job with the transition and I know we
can really take this business to the next level.
What are your
expansion or development plans? What is your end goal with TCBY?
We’re going to see how the spring and summer goes, and
then look at possibly opening one or two additional stores.