Oxford Restaurants, LLC dba Ledo’s Pizza is opening a Ledo’s Pizza Franchise in The Shops at Oxford shopping center located at 6009 Oxon Hill Rd., Oxon Hill, MD. The owner, Mr. Mohammad Uddin, is a long time Ledo’s Franchise owner that is expanding his operation to a second location.
With FSC First’s assistance, we provided $250,000 to the minority-owned business for working capital and for equipment and leasehold improvements. Referred by our Business Development Manager, J. Steward Smith, the business received guaranteed financing through the SBA 7(a) Community Advantage/Small Business Growth Fund Loan.
Mohammad Uddin, sole owner of the business, has over 28 years of retail and restaurant experience. He has worked in several settings such as Wendy’s and Taco Bell as a General Manager and district manager. He currently owns one Ledo’ s Pizza franchise located in Eastover Shopping Center approximately 2 miles from the proposed location. Mr. Uddin was attracted to the Ledo’s Pizza System by the reputation and name recognition of the Ledo’s products, which is virtually an institution in suburban Maryland. He will function as the General Manager of the new location. He will oversee the day-to-day operations of the restaurant. Merina Sultana, Mr. Uddin’s spouse, will assist in Management of the two locations. She is currently working and managing Ledo’s Pizza at Eastover Shopping Center.
This new Ledo’s Pizza location will serve to create new full time jobs in the county, promote local, small, and minority business growth, promote economic growth in the industry, and bring new income to the community.