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Jack Penrod is an American entrepreneur. He is the founder and owner of Nikki Beach Worldwide, a global luxury lifestyle and hospitality brand. [1] [2] Before founding Nikki Beach, Penrod was the founder and owner of Penrod's Beach Club in Daytona Beach, Fort Lauderdale, and Miami. Prior to the club's business, Jack Penrod was the largest McDonald's franchise owner in Florida in the 1980s.[ citation needed ]
Penrod started his career with McDonald's Restaurant Corporation in 1969 as a line cook. [3] Penrod eventually became the largest franchise owner of the McDonald's brand Restaurant in the Florida with 16 Restaurants. [3]
For six years Penrod created and expanded a chain of hamburger restaurants under the name of Wuv's International, Inc., based in Ft. Lauderdale Florida. The firm filed for Chapter 11 in 1981. [4]
After the franchise business, Jack Penrod turned his attention toward the entertainment, nightlife, and hospitality industry. Penrod opened several clubs in Daytona Beach, Ft. Lauderdale, and Miami. Penrod's Beach Club in Fort Lauderdale attracted up to half a million patrons each spring break. [5]
After working with the city of Miami, in 1985 Jack decided to move his operations to Miami South Beach. Before opening in Miami Beach, Penrod spent the first few years traveling through the United States to promote the opening of Penrod's Beach Club in Miami Beach. Three years later, Penrod's Beach Club opened its doors of a $4 million entertainment complex at One Ocean Drive, Miami.[ citation needed ]
Nikki Beach is a chain of luxury beach clubs. On December 24, 1997, Jack Penrod created Café Nikki, a garden at Penrod's Beach Club in South Beach, that later turned into Nikki Beach. [6]
In 1998, Jack Penrod decided to expand the beach club concept to the beach with a French-style beach club and restaurant. Nikki Beach expanded into a luxury lifestyle brand across the world, with locations including Thailand, Bali, Indonesia; Miami Beach, Florida; Barbados; St. Barth, French West Indies; Marbella, Spain; Cabo San Lucas, Mexico; and Marrakech, Morocco. [7]
Nikki Beach is named in tribute to Penrod's daughter, Nicole Penrod, who died in a car accident in Miami in 1997. [8]
April 17, 2012, was named "Jack Penrod Day" by the Miami Dade County Officials, and the City of Miami Beach. [9] [10]
A fast-food restaurant, also known as a quick-service restaurant (QSR) within the industry, is a specific type of restaurant that serves fast-food cuisine and has minimal table service. The food served in fast-food restaurants is typically part of a "meat-sweet diet", offered from a limited menu, cooked in bulk in advance and kept hot, finished and packaged to order, and usually available for take away, though seating may be provided. Fast-food restaurants are typically part of a restaurant chain or franchise operation that provides standardized ingredients and/or partially prepared foods and supplies to each restaurant through controlled supply channels. The term "fast food" was recognized in a dictionary by Merriam–Webster in 1951.
Burger King Corporation is an American multinational chain of hamburger fast food restaurants. Headquartered in Miami-Dade County, Florida, the company was founded in 1953 as Insta-Burger King, a Jacksonville, Florida–based restaurant chain. After Insta-Burger King ran into financial difficulties, its two Miami-based franchisees David Edgerton (1927–2018) and James McLamore (1926–1996) purchased the company in 1959 and renamed it "Burger King". Over the next half-century, the company changed hands four times and its third set of owners, a partnership between TPG Capital, Bain Capital, and Goldman Sachs Capital Partners, took it public in 2002. In late 2010, 3G Capital of Brazil acquired a majority stake in the company in a deal valued at US$3.26 billion. The new owners promptly initiated a restructuring of the company to reverse its fortunes. 3G, along with its partner Berkshire Hathaway, eventually merged the company with the Canadian-based doughnut chain Tim Hortons under the auspices of a new Canadian-based parent company named Restaurant Brands International.
Raymond Albert Kroc was an American businessman. He purchased the fast food company McDonald's in 1961 from the McDonald brothers and was its CEO from 1967 to 1973. Kroc is credited with the global expansion of McDonald's, turning it into the most successful fast food corporation in the world by revenue.
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Victoria Station was a chain of railroad-themed steakhouse restaurants. At the peak of its popularity in the 1970s, the chain had 100 locations in the United States. The firm filed for bankruptcy in 1986. The last remaining restaurant in the former chain was located in Salem, Massachusetts until it abruptly closed in December 2017.
Sonny's BBQ is a barbecue restaurant chain founded by Floyd "Sonny" Tillman in Gainesville, Florida, in 1968. Bob Yarmuth purchased the company in 1991 and continues as the company's owner and CEO today. As of 2016, Sonny's BBQ has 113 restaurants across eight Southeastern states and is headquartered in Maitland, Florida. The restaurant specializes in Southern-style BBQ.
David Russell Edgerton Jr. was an American entrepreneur and co-founder of Burger King, in what would become the second-largest burger chain after McDonald's. After serving as a manager of another restaurant, Howard Johnson's, on March 1, 1954, he opened a franchise outlet of the restaurant chain Insta Burger King in Miami, Florida. On June 1 of the same year, he met fellow restaurateur James McLamore and the two founded the Burger King Corporation. After leaving Burger King, he went on to start Bodega, a steakhouse restaurant.
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Konstantinos "Gus" Boulis was an entrepreneur, land developer, casino operator, and restaurateur of Greek descent, who was murdered in 2001. The murder has been alleged to be in connection with the sale of his company, SunCruz Casinos.
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