USA. The first Airport Concessions Disadvantaged Business Enterprise to take over the entire portfolio of a major food and beverage concession operator is a minority-owned small business.
Los Angeles-based Concord Collective recently acquired SSP America's LAX business and has eight dining locations under its ownership, a mix of national brands and its own brands.
It is a dream come true to be a major business owner in one of the world's largest and busiest airports. Everyone came together to make it work. I am very grateful.
A 100% ACDBE business, Concord Collective, was formed by a team of black and minority partners.
Los Angeles World Airports, Unibail-Rodamco-Westfield Airports, and SSP America were involved in taking over the business.
The Director of the Advance Network said that having diverse business owners is critical to creating the world-class experiences that today's airport customers expect and demand. We are inspired by Greg and his team and hope that we can become a model for airports across the country.
Los Angeles World Airports is focused on creating more opportunities for small, local and disadvantaged businesses. We would like to thank Greg for choosing to expand at our airport.
The Concord Collective story can be seen in the video.
The ACDBE certification programme is designed to level the playing field for small businesses who wish to participate in contracting opportunities at airports.
The US DOT established eligibility standards for certified firms that include ownership of at least 51% by socially or economically disadvantaged individuals and management and daily business operations control by one or more of the socially and economically disadvantaged individuals who own it.
After working as a restaurant manager at the airport for 12 years, Plummer went on to work his way up through minority-owned and operated businesses before he was bought by HMSHost. He left to start his own company, Enjoy Repeat, a certified ACDBE and minority joint venture partner of SSP America. When he was given the chance to take over SSP America's LAX business, he assembled a team of black and minority partners to form a 100% ACDBE business. 140 people work at the location.
The trend has been for larger prime operators to buy out smaller minority partners.
A graduate of Morehouse College, Plummer is a member of the Airport Minority Advisory Council.
The next generation of women and minority entrepreneurs and small business owners will be inspired by Plummer.
Greg is inspiring all of us from front line concessions workers to businesses partners, airport owners and operators across the country. A new path for a more inclusive and equitable future is being paved by LAWA and URW.
The restaurants operated by Concord Collective are Panda Express, Einstein's Bagels, Chick-Fil-A, and Ace Cervecer. The Qwench/Wetzel Pretzels concept is coming soon. The company has a coffee shop in Terminal 6.
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