Empires

Empires

The stories behind the best brick & mortar businesses, and operators: Empires is a show that interviews founders, operators, and investors in the top brick & mortar businesses, many of which are franchises. Every month, the host, Patrick Buckley, narrates the story of specific brands and how that business became an empire.

Episodes

March 20, 2026 63 mins

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
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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 models in the restaurant industry.

But Win...

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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 program, he built his own drive-thru ...

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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 equity to scale toward 100 location...

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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 Kanji Desai — the “Godfather of Hospital...

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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 finance, Neil became a franchisee of 16 ...

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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 ...
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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/jake-mclaughlin-8a67a4126/ 

Descriptio...

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December 21, 2025 42 mins

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
  • Read more
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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 emergi...
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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 motel—18 people living on-site while wor...

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  • 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-fou...

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Episode Summary

A...

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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? https://eatagape.com/franchise/ 

 

...

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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 selling your locations, get in touch: htt...

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Interested in buying a franchise? https://www.frandawgs.com/buy-a-franchise

 

For multi-unit franchisees looking to sell their locations: https://www.fdcapitalgroup.com/ 

Kal walked away from a Wall Street career to chase his dream of entrepreneurship — and went 5-for-5 picking winning brands. From butcher shops and pizzerias to Orangetheory, European Wax Center, Marco’s Pizza, Dave’s Hot Chicken, and Popup Bagels, he’s scaled to o...

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For help evaluating franchises, reach out: https://www.frandawgs.com/buy-a-franchise 

 

For multi-unit owners considering selling their locations: https://www.fdcapitalgroup.com/ 

 

Jon Benson’s journey into franchising wasn’t traditional. After scaling a Utah startup from $20M to $450M in sales, and later launching a COVID testing lab that served thousands of people a day, Jon stumbled across GameDay Men’s Health on LinkedIn. With...

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August 20, 2025 73 mins

If you’re a multi-unit franchisee considering selling your locations, get in touch https://www.fdcapitalgroup.com/ 

Interested in buying a franchise? Reach out here: https://www.frandawgs.com/buy-a-franchise 

Episode Summary: In this episode of FranDawgs, Patrick sits down with Margarette and her husband Richard - franchise operators who turned their passion for resale into a thriving multi-unit Uptown Cheapskate business. They sha...

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🎙️ Guest: Jacob Horton, Multi-Unit Franchisee at Scenthound and Co-Founder of SBA Source

📍 Location: Birmingham, AL & Nashville, TN

If you’re a multi-unit franchisee considering selling your locations, get in touch https://www.fdcapitalgroup.com/ 

 

Interested in buying a franchise? Reach out here: https://www.frandawgs.com/buy-a-franchise 

🔥 Episode Summary:

Jacob Horton went from PowerPoint presentations to puppy baths, ...

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In this episode, Patrick sits down with Michael Horowitz to unpack his journey from venture capital and real estate to owning and operating 20 Wingstop franchises in Ohio. Michael shares the full story of how he sourced his initial 7-unit acquisition, competed for the deal, and navigated the franchise transfer process without prior restaurant experience.

They dive deep into the realities of QSR ownership: the challenges of managing...

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