Business Opportunities Weblog

January 23, 2008 by Rich Whittle | 0 Comments

Gazette.Net:

Artin Afsharjavan, 19 — who already owns an investment company, Bethesda fine-dining Persian restaurant Javan, a Washington, D.C.-area limousine company, apartment buildings in Northern Virginia and gas stations in Florida — has set his sights on the growing quick-service chain Moby Dick’s House of Kabob.

Moby Dick’s has five eateries in Maryland and eight more in Washington and Northern Virginia.

Afsharjavan said he has offered $8 million in cash for the chain, as he wants to expand the concept across the eastern United States.

“My goal is to fund the expansion of the Moby Dick House of Kabob chain across the eastern United States to major metropolitan areas,” Afsharjavan said in a statement. “Moby Dick’s current owners have done a good job, establishing a fantastic brand and growing the chain to its present size with locations in and around the Washington, D.C. area. However, with our capital resources and their management we can expand rapidly beyond Moby Dick’s current size.”

Photo by Gerald Martineau.

In Entrepreneurship, Success, Teens | 0 Comments