Elite Parking Solutions Signs First Franchisee

Founded in 1988 by Richie Abbo and with the recent addition of his son Cal, Elite Parking Solutions has grown its valet service business to hundreds of clients in the restaurant, country club, home party, and banquet space, with 120 employees in season. Revenue in 2024 was approximately $790,000.

The next step is to franchise, and they have just completed their first deal. An entrepreneur group led by Shah Masum, Shakil Khan, Shafi Ahmed, Abdul Hadi, and Fujayel Ahmed has purchased two area franchise territories from Elite – East Detroit (Woodward to Grosse Pointe) and West Detroit (M39 to Woodward).

“We plan to grow the company regionally and nationally with a managed approach,” said Cal Abbo, Franchise Development Director. “We want to maintain the quality and customer service that made us who we are while transferring lessons learned and providing like-minded entrepreneurs with the ownership and operating tools they need to be successful.”

Elite is looking next to continue to franchise not only locally – including in Birmingham, Sterling Heights and Troy, but also south into Ohio, including Toledo (where it currently operates), Cincinnati, Cleveland, Columbus, and beyond. As a baseline, Elite is looking to add five more franchisees by the end of 2025 with an additional five in 2026.