The story of The Chalak Group Inc. starts off more like a badly told joke than a tale of bold entrepreneurism: Several young men sell a modest pool hall and game room business to open a Mongolian stir-fry franchise near Dallas. Barely out of college, each has little life experience and even less restaurant experience. Yet despite their shallow capital reserves, the franchisor lets them buy in, and on the night they open not a single customer stops by to eat. The story is true, and 12 years ...
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Contact: Desiree Torres Desiree.Torres@penton.com