Akash Patel

About Akash Patel

Akash, a highly motivated and serial entrepreneur who acquired companies with a total portfolio of ($15 million) in retail sector and his achievements involves- Present- Akash recently founded Harmonized Care Holdings a healthcare consortium to acquire 100 or more profitable assisted living businesses using the same model that helped him to build a portfolio of ($15 million). He intends to build a team which could have combined experience of 200+ years of business experience and billions of dollars in deal experience with IPO listing. He has vision of creating much larger portfolio this time in the healthcare industry with a combined value of ($3 billion) to ($5 billion) by 2030. Past- 1) Secured his first Dunkin acquisition worth contributing to an impressive revenue of The portfolio went from $0 in 2021. This was the start to his Entrepreneurial journey in food and beverage industry, which is known for being labor intensive, but the challenges were overcome easily. 2) Not resting on his laurels, he made another strategic acquisition within the same industry in 2021 for bringing the total portfolio valuation to an impressive Under his visionary leadership and his ownership, this portfolio experienced substantial growth, reaching a remarkable in just three years—a roughly 25% increase. 3) The landscape shifted dramatically in 2024 when he orchestrated a game-changing acquisition in the salvage grocery store industry for ($11.1 million), backed by a robust revenue of ($14 million). This sector is notoriously challenging, yet Akash led the charge with unwavering confidence, pushing the total portfolio size to over ($15 million). As President/Owner of the company, he implemented transformative changes that not only boosted efficiency but also significantly enhanced the net profit margins. This ambitious vision was realized through discussions with eight regional banks, despite limited resources. He successfully secured financing of ($10 million), paving the way to close the ($11.1 million) deal and elevate the portfolio size to ($15 million). Akash\'s relentless drive and strategic acumen position him as a powerhouse in the entrepreneurial landscape. With his relentless drive and sharp strategic insight, Akash is not just participating in the entrepreneurial landscape; he’s dominating it.

Experience

1. President Owner

   Surplus Outlet

   Jul 2024 — Present · Northumberland, PA, US

   Upon acquisition, the store faced narrow profit margins and an overabundance of inventory, complicating the tracking of newer items. Inventory management was optimized, resulting in a more efficient operation with minimal overhead costs. Significant technological advancements were implemented to enhance efficiency and reduce inaccuracies. Purchasing strategies were refined, leading to numerous price adjustments—some lowered for competitiveness and others raised to boost margins, while still remaining more affordable than larger retail chains. Consequently, gross revenue experienced growth, accompanied by a modest rise in net profit margins.Gross profit grew by 14% and net profit grew by 2.3%. There was a growth of 7% in gross sales as well touching the mark of

Education

• New York University

  Bachelor's degree

  2016 — 2018

• New York University

  Minor

  2016 — 2018

• New York University

  Minor

  2016 — 2018