Nik Bhakta - CMG’s Real Estate Development
                     Nik Bhakta
Co-founder of CMG Companies
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.
He’s also involved in oversight for the company’s Sonic 
and Little Caesars franchise portfolios. He says, “Right 
now, I’ve been learning quite a bit in the hotel space. 
We have 300 or so restaurants, and I drew the straw 
of getting into the hotel side but still keep my 
operational skills sharp with restaurants”
He continues, “I worked from an early age in my parents’ 
hotels, doing everything from A to Z. Thankfully, these 
days, I’m more involved in portfolio management and 
acquisitions.” 
Nik claims that the best part of his job is analyzing deals 
and traveling to view hotel properties. He states that 
since his home is not in Dallas where CMG Companies is 
headquarterd, it is advantageous to the group because it 
allows him to offer an outside perspective on things.
Nik’s family came to New Mexico, where Nik grew up 
with his three sisters. After receiving his degree in 
education he says, “After working in education for a 
while, I felt that I needed a change.

Around the same time, me and the guys visited a 
Genghis Grill together. I left a comment card stating 
our interest in franchising.” 
When the first of CMG's Genghis Grill was opened in 
2001, the team struggled. Thankfully, through passion 
and perseverance, the restaurant was able to become 
profitable, opening up the ability to purchase other 
restaurants, and eventually, the entire Genghis Grill 
concept. In an effort to diversify and branch out, CMG 
began looking at the hotel industry. Currently, the 
company owns and operates several properties with 
more in development. 
Reference Links
Why Multi-Unit Entrepreneurs Invest in SONIC Drive-In
US Based, CMG Companies Honoured with Franchisee 
of the year award by IFA
Chalak Mitra Group
Nik Bhakta - Principal of CMG Companies
Managing Partner Nik Bhakta