Ex-NBAer Owns 72 Papa John’s, Outback Stores

Former Kentucky and NBA star Jamal Mashburn has built himself a restaurant franchise empire.

Jamal Mashburn and Rick Pitino

(Thankfully, they didn’t choose the sportswear business)

In a recent interview with Aron Phillips of DimeMag.com, Mashburn said he owned a jaw-dropping number of chain restaurants:

I’ve always been in business and own franchises of Papa John’s, Dunkin’ Donuts and Outback Steakhouse, as well as car dealerships. I own over 34 Outbacks, 37 Papa John’s and dealerships in Kentucky.

There’s no follow from Phillips on Mashburn’s restaurant investments, so we don’t know the nature of Mashburn’s stake in the individual businesses. Though one recent online solicitation for Outback franchises required a $75,000 up front fee and $6.5 million line of credit for ownership of four restaurants.

The LEXINGTON (KY) HERALD-LEADER confirmed Mashburn’s restaurant business interests in March, 2008, including the identity of his very high profile partner. Read more…