Sunil Dharod and Harshad Dharod The two businessmen who own restaurant franchises in the U.S. are Harshad and Sunil Dharod. There are thousands of apartments as well. They have an inspiring rags-to-riches story from humble beginnings in India to create a restaurant empire in the U.S. The family’s net worth is estimated to be $80 million by the year 2021.
Some of the most successful family businesses in India are the Dharods. It took them 30 years of hard work and dedication to get to where they are today. The foundation for their success has been their solid morals and values. The Dharods have been very careful with their investments and business decisions. They have invested in various industries, from real estate to steel.
This has helped them grow their company and ensure they have a steady income stream from all of their revenue streams. This example shows how a family-owned business can use a diverse portfolio strategy with minimal risk by investing in several industries simultaneously.
|Full Name||Sunil Dharod and Harshad Dharod|
|Net Worth||$80 million|
Sunil Dharod and Harshad Dharod Early life
The father of the two brothers passed away when they were young, leaving their mother to care for them. The brothers had a huge challenge to make ends meet with the main person providing for the family gone. The brothers would sell milk door to door if they could catch the train. In those early years, when other children were playing, Sunil and Harshad had to do many other odd jobs. The brothers moved to the U.S. after a while. They were with their mother in search of a better life.
Both of the brothers are married to other people. Chris is the one who looks after the Applebee locations, while his daughter is also a director of their company. Both of them prefer to live their lives in the shadows.
Following their mother’s footsteps, they worked very hard and talked about how hard it was to work 16 hours a day. They were able to sustain themselves with several jobs. After graduating from trade school, he began to work as a mechanic and earned $100,000 per year. He could make this amount by working overtime and on weekends, as his base salary was $60,000, and he made another $40,000 by working overtime.
The other person wanted to become a doctor but initially worked in a restaurant. He would get a promotion if he mentioned to the owner that he wanted to leave to pursue his studies. They became the supervisor of the entire restaurant as time went on. They started investing in their first restaurant franchises after saving money. A Jack in the Box unit in Los Angeles was purchased by Sunil. He purchased many more of the franchise over the years. He would buy Burger King locations and sell them later on.
The companies that have been turned into 70 Applebee’s, 47 Sonic Drive in’s, and Roy’s restaurants are all overseen by the same man, called SSCP Management. On the other side, Harshad has continued his business adventures in the restaurant industry and buying apartments employing more than 4,000 people who are working for him.
The net worth of the Dharod family is estimated to be around 80 million dollars. The work ethic that they had when they were selling milk in India has not changed. The Dharod family is multi-millionaires due to the rags and riches story created by this.