Magic johnson products
What does magic johnson enterprises do.
Magic Johnson Enterprises
American investment company
Magic Johnson Enterprises is an investment company founded by Basketball Hall of Famer and entrepreneur Magic Johnson.[1] The company was founded in 1987 and is based in Beverly Hills, California.
Magic johnson net worth
Magic Johnson Enterprises formerly owned Magic Johnson Theatres and 24-Hour Fitness/Magic Johnson Sport health clubs. Over the years, Magic Johnson Enterprises has continually invested ownership in many lucrative businesses such as the Los Angeles Lakers, movie theaters and restaurants in the United States, including T.G.I.
Friday's, Sodexo, and Burger King locations.
Investments
In 1995, Johnson took an equity stake along with what was then the Loews chain in the 12-screen multiplex movie theater in Baldwin Hills (now owned by Cinemark).[citation needed]
The company teamed up with Starbucks in 1998, acquiring around 125 stores[2] and in October 2010 sold 105 of the stores in a $100 million
