(BPRW) Husband and wife on a mission to become the first black-owned, publicly traded quick service restaurant chain.
African-American business leaders are looking to do more than just survive; they aim to be a successful business.
(Black PR Wire) Supreme Foods Franchising, Inc. has announced its bid to become the first black-owned, publicly traded quick-service restaurant franchise. Access to capital is the main obstacle to sustaining black-owned businesses with only 1% of venture capital investments. As a result, Supreme Foods Franchising takes another path by including the community in its growth. The company is currently running a Reg CF, a crowdfunding campaign through trucrowd.com. Investors will participate as owner in a holding company with a pre-monetary valuation of $ 20 million.
Born from a 40-year-old family business, the Supreme brand today represents more than restaurants; it’s about family, customers, franchisees, community and heritage. The company has garnered loyal customers, international partners and even celebrities like Q Parker from R&B Group 112.
“We are business owners who believe in creating opportunity for our community through entrepreneurship and job creation,” said CEO Waleed Shamsid-Deen. “Supreme Foods wants to do more than just survive; we want to be a successful business, but we can’t do it without the help of the community. The only way to do this is together. ”
“An investment in Supreme is an investment in the economic ecosystem of the black community,” said Dr Quiana M. Shamsid-Deen. “Economists predict that African Americans will have zero net wealth by 2053, and it will take us 228 years to catch up with white wealth. We don’t have 228 years to close the racial wealth gap; the funding participatory presents an opportunity to help us become a prototype solution now. It’s about building the tables, not just waiting for the seats. “
The husband and wife duo say there are four ways to help:
1) For those who are interested in franchising or know someone who might be, visit www.supremefoodsworldwide.com
2) For those who wish to invest as little as $ 500, visit www.InvestInSupreme.com
3) Anyone interested in Supreme’s story can share it on social media and other online channels.
4) Finally, support yourself by frequenting one of their 10 Metro Atlanta or Supreme Burger locations in Playa Del Carmen, Mexico.
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