Harshad Dharod Net Worth – $100 million
What is Harshad Dharod’s net worth? Is Harshad Dharod married?
Introduction
The founder and CEO of FFC, the Friendly Franchisees Corporation, Harshad Dharod, is a significant figure who tends to stray from the limelight.
Leaving India to pursue a medical degree in the United States, Dharod ended up becoming the founder of a major franchising company, growing into a large figure within that world.
Nonetheless, with new businesses come new questions.
The most important on your mind right now is likely this one: what is Harshad Dharod’s net worth?
The Origin Story
Although it’s unknown when Harshad Dharod was born, it was likely in the 60s, in India.
His brother is Sunil Dharod.
Dharod is very protective of his private life, ensuring that not much information is known about him publicly, past his role as CEO and founder of many businesses.
From a young age, Dharod pushed an entrepreneurial role, thanks in part to his father’s unfortunate passing when he and his two brothers were of a young age.
Left with a family to take care of, Dharod started selling milk door-to-door by buying in bulk from a train that passed by.
As the years went on, Dharod continued to expand his ideas, moving into additional jobs and businesses to make sure that he and his family could make ends meet in a way that kept them all safe.
That was due to his mother, who in an interview with Doti and Dodge, was said to have worked upwards of 16 hours a day, every day of the week.
Once things settled down, however, Dharod went to trade school, where he learned to be a mechanic, earning his first significant income.
Although that made the money his family needed to survive, Dharod had greater plans, wanting to become a doctor and make a change for others.
Unfortunately (or fortunately), Dharod was working at a restaurant at the time, having moved from his mechanic job, where the boss would promote him every time he asked for a leave to pursue his dreams.
As he continued to be promoted, Dharod ended up learning the workings of a restaurant, how management worked, and how to build his own franchise, becoming the supervisor of the restaurant and using the money to buy his own restaurant franchise in Los Angeles.
“We [Harshad and his brother] bought our first franchise I will be believing about 1984 or something,” he said in an interview with Chapman University.
With some roots settled in the United States, Dharod moved over to continue medical studies, while also keeping steady income in the form of his franchises and the restaurants he continued to build.
While he now oversees multiple companies, FFC continues to be his shining star, which has helped Dharod buy properties of his own while supplying thousands with jobs.
Today, Dharod continues to serve as the head of FFC, working to continue expanding both his own personal and his business’ collection of restaurants and real estate to continue making a difference where he can, providing the same opportunities he was given as a child.
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Wife
Harshad Dharod is a married man. There are no other known details about Harshad and his wife.
Harshad Dharod – Net Worth
So, how much is Harshad Dharod worth?
Dharod earned most of his wealth from owning parts of both the Friendly Franchisees Corporation and SSCP Management.
FFC, the company that Dharod founded and currently serves as CEO of, collects over $100 million strictly from its investments in Carl’s Jr restaurants.
The company is the 45th largest franchise company in the United States, operating a total of 71 Carl’s Jr restaurants.
While $100 million is a significant figure, only a fraction of that money likely goes to Dharod, especially considering the company has over 4,000 employees under its belt.
SSCP, on the other hand, is even less specific – the company operates 80 Applebee’s, 47 Sonics, and owns the fine dining restaurant Roy’s, alongside a few shopping centers and apartment buildings.
Dharod owns much less of this company, considering it was founded by his brother, although it likely pulls in several million dollars per year as well.
Combining the revenue and profit from the two restaurants, Dharod likely takes in $10 million a year, completely ignoring the likelihood of him owning some restaurants and concepts himself.
All in all, Dharod’s net worth is almost entirely built up from franchising and property holdings, combining his personal ownership in Friendly Franchising Corporation with his investment in SSCP.
Therefore, Harshad Dharod has an estimated net worth of $100 million.
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