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When not working, Nik Bhakta enjoys sports, and while he loves the NFL, he claims that he doesn't have a favorite team. He is, however, a huge fan of the Los Angeles Lakers. Nik also enjoys playing with his two sons and checking out movies with his family.

Nik Bhakta and his CMG co-founder owns more than 360 restaurants and is a franchisor with multiple brands. However, their investment in SONIC has checked all the boxes for smart growth. According to Bhakta, they have plans to get into the QSR space, and SONIC was the brand that stood out the most.

On coming to work each day, Nik Bhakta states, "I love what I do, and I think we're building something special. We have hotels, a cricket team, retail outlets and restaurants, but more importantly, we have comradery. We don't just work together. We all take vacations together, we hang out after work…it's just really nice to work with your best friends."

Nik Bhakta is the founding principal of CMG Companies. CMG is a dynamic business organization led by six energetic entrepreneurs. They make private equity investments with a focus on multi-unit and franchising. It's a group of separate entities with investments in the multi-unit and franchise space, primarily in the restaurant, hotel, retail, sports, and real estate sectors.

A founding Principal, Nik Bhakta has been with CMG Companies (CMG) since the company was founded, and he currently oversees CMG's real estate development and its hotel portfolio.