Karim Webb’s net worth is estimated at $1 Million – $5 Million.
Karim Webb was born on 1974 in American, is a Restaurateur. Find out about the life of this billionaire, including Karim Webb’s net worth, age, family, dating life, salary, and assets.
|Age||47 years old|
What is Karim Webb’s net worth?
Karim Webb’s net worth has been growing in 2020-2021.Karim Webb is 47 years old and has a net worth of $1 Million – $5 Million.
Karim Webb Social Network
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|Wikipedia||Karim Webb Wikipedia|
Early Life: Source Wikipedia
Webb won Black Enterprise Magazine’s 2014 Annual Small Business Award for Franchise Company of the Year.
Webb’s Crenshaw Plaza restaurant became the first casual-dining franchise restaurant to open in South Los Angeles in 25 years. It won awards from Buffalo Wild Wings (BWW) corporate headquarters for year-over-year sales increases, and became the approved training store for other BWW locations to train their employees. It also outperformed all other BWWs, for year over year sale increases, in 2014 and 2015.
In 2014, Webb acquired a third restaurant in Carson, California.
In 2014, Webb announced a partnership between his restaurant and Dorsey High School’s School of Business and Entrepreneurship (SBE). His 16-week program taught 29 Senior SBE students how to effectively run a restaurant from beginning to end. The final test was a fully functional pop-up restaurant, developed and operated by the students.
Webb won Black Enterprise magazine’s 2014 Annual Small Business Award for Franchise Company of the Year.
Webb takes part in non-profit community programs such as the California Community Foundation’s BLOOM (Building a Lifetime of Options and Opportunities for Men) program, which mentors 14-to-18-year-old African American males who are or have been on probation for nonviolent crimes. Webb gives Bloomers jobs, but also mentors those who get jobs with his business. It is a five-year initiative launched in 2012.
Webb re-entered the restaurant business when he formed PCF Management (PCF stands for “positive cash flow”), along with his childhood friend and financial expert Edward Barnett. He decided to open a Buffalo Wild Wings franchise in California, where the brand was not well known yet. Because of the recession, bank financing was unavailable, but he was able to attract individuals to help invest what would eventually amount to $6 million for two restaurants. The first restaurant opened in Del Amo Fashion Plaza in the Torrance Mall in late 2009. When it proved to be successful, he started looking for another location in Los Angeles.
Webb opened the second restaurant in South Los Angeles, in Baldwin Hills Crenshaw Plaza, which was hard hit by the 1992 Los Angeles riots. In 2011, when he opened the restaurant, the area was known for gang activity.
Karim Webb (born 1974) is an American restaurateur based in Los Angeles. He is best known for creating a successful franchise restaurant in South Los Angeles in 2011, the first full-service restaurant in the area since the 1992 Los Angeles riots. His business model includes training in management, business and life skills for workers and youth in the local community.