Before founding The Kensington Company and Kensington Franchise Sales, Mr. Stein operated numerous drug stores and home health care companies on Long Island for 18 years.
In 1995, Mr. Stein sold his business to Revco Drug Stores, then the second largest drug chain in the U.S. At the time of the sale, one of his stores was ranked third in sales volume out of Revco's entire chain of 2,500 stores. Mr. Stein was able to achieve this significant success with his business by emphasizing superior service in a highly competitive marketplace and, as a result, was able to expand the size of the store twice.
Mr. Stein applies his varied skills in the owning, operation, marketing and sale of small to mid-size businesses to facilitate successful transactions for his clients. In addition, he has achieved the designation of Certified Business Intermediary, which is granted to professionals who complete the stringent requirements of the International Business Brokers Association. Only approximately 350 business intermediaries in the U.S. currently carry that coveted title.
Even more notably, Mr. Stein is one of only 37 Certified Business Intermediaries who have completed the additional rigorous coursework required to achieve the advanced designation of Merger & Acquisition Master Intermediary (M&AMI). Mr. Stein is also a Franchise Specialist with FranNet, which has successfully identified more suitable franchise opportunities for interested candidates than any other organization.
After graduating from the University of Cincinnati with a double Major in Finance and Real Estate, Stuart immediately began his career in franchising. Working for a 14 unit operator in the Arthur Treacher’s System, Stuart was in part responsible for the financial reporting of all units as well as field support.
In 2003, Stuart made the transition into Arthur Treacher's corporate offices and was responsible for nationwide franchise sales of 4 Quick Service Restaurants.
In 2005, Stuart joined the Kensington Company & Affiliates in their Franchise Sales and Development office. Stuart has forged relationships within the community and has helped match dozens of franchise buyers to right franchise opportunity.
Currently Stuart is working towards completing is Certified Franchise Executive (CFE) Status as well as his Certified Business Intermediary (CBI).
Stuart is a Co-founder of the JAG Foundation, a recognized charitable organization that supports Cancer Research as well as College Scholarship programs in the Long Island Community and currently serves on its Board of Directors.
David Stein is a sales and marketing professional and Certified Franchise Executive (CFE) with an established background in building relationships and territories.
David comes to the Kensington Company with over 20 years of franchise experience, most recently as the Franchising Manager for Dunkin’ Brands. There his primary responsibilities were to source, interview and recruit new franchisees and sell additional stores to existing franchisees. While at Dunkin’ Donuts, David recruited 45 new franchisees/area developers which amounted to the opening of over 250 stores.
Prior to working for Dunkin Donuts, David owned and operated a franchise/sales consulting business in South Florida. There he developed the territory into the most successful in the state from a client base of zero.
David uses his expertise in promoting and presenting businesses and franchises to help clients wishing to enter the franchise path to success.
David received the Franchise Licensing Manager Leadership Award from Dunkin’ Brands in 2003, and his CFE Certification in 2005
Gary Epstein has just recently joined The Kensington Company as a business intermediary. Gary has a strong background as an entrepreneur and sales executive with more than 30 years of experience building as well as driving the profitability and performance of the companies he was associated with. He worked in the garment center for some of the largest brand names in the apparel industry such as, The Van Heusen Company, Gant, Stanley Blacker and Hartmarx.
In 1993, after evaluating several business opportunities he orchestrated the start-up, development and growth of By Design Worldwide. Gary's business acumen and strategic planning led him to identify and target new business opportunities. His role within the company was to cultivate a client base comprised of major retailers such as Nordstrom, Bon Ton and Costco. While maintaining the sales of the company he was instrumental in increasing the quality standards of the products they manufactured while reducing the costs. Gary was responsible for the profit and loss, systems management and inventory which positioned the company to be triumphant against the competition.
He brings to The Kensington Company years of business experience. His vast knowledge will assist clients in orchestrating the development of owning, operating and marketing their business.
Since graduating from the culinary institute of America in 1992, Mr. Bavaro has gained extensive knowledge about the restaurant business as a whole, both at the independent and franchise levels. Through widespread networking he has made numerous valuable contacts in the food service industry. In addition to owning and operating several successful restaurants and catering facilities of his own, he continues to consult for many other restaurant operators.
In such time, he has also launched his own real estate management company specializing in acquiring and managing real estate holdings for its investors. This has expanded Mr. Bavaro’s extensive list of business associates to include some of the major players in the long island real estate community.
In addition, Mr. Bavaro has recently become a partner in a high volume Laundromat/dry cleaners specializing in corporate contract cleaning, further expanding his comprehension of business ownership and management.