Developing Emerging Concepts with Shirin Kanji of Impact Properties

Author: Josh F. Brown
07/16/2019

Shirin Kanji is responsible for overseeing all of Impact Properties investment related activities and directly oversees the newly formed retail division which includes 75 Rent a Center franchised locations and 2 CARSTAR franchised locations. Mr. Kanji holds a B.S. in Finance and Political Science from NYU Stern School of Business and an M.S. in Real Estate Finance & Development from NYU Real Estate Institute. Mr. Kanji is a member of YPO Florida chapter, part of the NYU Alumni Advisory Board for the West Coast of Florida chapter and the NYU Alumni Mentor Network.

Key Takeaways:

[0:18] Today’s episode of Franchise Euphoria is brought to you by IndyFranchiseLaw.com, a leading resource in the franchise space. Head over to IndyFranchiseLaw.com learn more!

[0:59] Josh introduces today’s guest, Shirin Kanji, who is responsible for overseeing all of Impact Properties’ investment-related activities.

[2:05] Josh welcomes Shirin to Franchise Euphoria.

[2:27] Shirin tells the Impact Properties story, which begins when his father immigrated to the United States in the 1970s.

[5:20] In the mid- to late-80s, Shirin’s family signed onto a hotel franchise development deal.

[7:01] Shirin worked in finance on Wall Street for a few years after college before deciding to join the family business with Impact Properties.

[10:50] As Impact Properties moved into the restaurant industry, they found that they could pair their hotels and restaurants to provide a premium product.

[14:16] Shirin explains the importance of crafting a concept that is scalable and looking at replication into other markets to maximize your success.

[17:29] Shirin agrees with Josh’s notion that there isn’t an exact science to signing on with a franchise opportunity and the most important thing is to find a semblance of comfort with the right opportunity.

[18:47] Recently, Shirin has been involved with the development of a variety of brands including Rent-A-Center and BurgerFi.

[21:28] Some factors that Shirin looks for in a quality franchise system include the level of support you’ll receive and making sure existing franchisees are satisfied with the system.

[26:25] If you want to learn more about Impact Properties, you can visit the website listed below.

[27:07] Thanks for listening, and please, reach out to Josh anytime through email at josh@franchiseeuphoria.com. If you enjoyed this interview, please leave us a review on iTunes.

Mentioned in This Episode:

josh@franchiseeuphoria.com

www.franchiseeuphoria.com

www.indyfranchiselaw.com

http://www.impact-properties.com
@ShirinKanji
www.linkedin.com/in/shirinkanji

%link ', '<< Previous Post', false); ?>

%link ', 'Next Post >>', false); ?>

Josh Brown

Hi! I’m Josh Brown, franchise attorney and creator of the Franchise Euphoria podcast. I’m just your average guy who loves to golf, eat hibachi, and immerse myself in the ever-expanding franchise world.

My goal is to navigate entrepreneurs and all people interested in the current events of franchises through all the hottest topics and most popular tools for success. Going on four years now, Franchise Euphoria is hotter than ever and ready to help you plan and execute a pathway to success.

Josh Brown

Great and applicable information from professionals in the franchise world that are doing it every day. I’ve listened to 3 episodes: Gutter Brothers, Woofies, and Cycle Bar. Enjoyed all and looking forward to hearing more.

Highly recommend. Great guests. Filled with tons of helpful information.

Josh and his wide variety of knowledgeable guests are truly rockstars! They deliver quality (and free!) franchise knowledge and advice in each and every episode. The great advice they provide, combined with the engaging way they deliver it had me hooked from the very first listen. Thanks for putting out such a stellar show Josh - keep up the great work!

This podcast provides the advice necessary to start building, growing, and scaling your business TODAY! The host asks probing questions of his guests that add value to the listeners in an immediately implementable way!

What do you get when you combine business savvy, legal expertice and a great personality? You get the ultimate podcast for franchise owners. Josh Brown brings it all togehter perfectly with Franchise Euphoria. Not only does he possess all of the skills and abiliites above, but he has great guests, asks awesome questions and created the ideal podcast for this niche. If you have a franchise, or are considering it, subscibe to this show and consume all of the content!

Started listening to Josh's podcast after the wife and I decided to buy a franchise and I quickly went through about 200 episodes on 1.5x & 2x, before signing on to purchase a franchise. Josh's info was an invaluable part of our decision to buy, and after listening to so many episodes, I felt like I knew and trusted him on a personal level, so it was a no-brainer to enlist his services when it came time to review the franchise agreement. Josh was super easy to talk to and very empathetic to our needs, and being first time business owners, we needed all the empathy we could get. Josh helped us negotiate a great deal with the franchisor and we were very happy with his services. Great podcast, great guy, great service to anyone involved in the franchise world!

Very interesting discussion. I found the information valuable.

I've just completed the legal process of franchising my business and have now begun selling franchises. Just found this podcast and it's an incredible resource! Great content and Josh is a very engaging host. Highly recommend for franchisors and franchisees.