This 36-Year-Old Black CEO Sold $2.3M in Philly Cheesesteaks in Atlanta Last Year

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Meet Derrick Hayes, a 36-year-old Philadelphia native and CEO of Big Dave’s Cheesesteaks, who sold over $2.3 million worth of Philly cheesesteaks in Atlanta just last year alone. He owns five restaurants in the area and is now on a mission to take his iconic sandwiches nationwide, aiming to open 100 franchise locations by 2025.

“I’m a visionary, I’m a dreamer.” Hayes told CNBC. “Franchising is something that I thought about years ago, but I didn’t have the experience or the team to do it.”

Hayes recently started the franchise process, nearly a decade since he started his business. In 2014, he opened a dessert shop at a gas station in Georgia called Big Dave’s Water Ice, which is named after his late father who ignited his entrepreneurial spirit. When he struggled with selling frozen treats, he decided to do cheesesteaks.

Hayes also had a challenging start with Big Dave’s Cheesesteaks but he got his big break when rapper and TV host Eve, a fellow Philadelphian, tried his…

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