BORROWER NEWS
 
Small Business as the Key to the American Dream

Immigration to the US from India held promises of a better life for Harendra (H) and Ruby Singh, but they will be the first to say that, in their wildest dreams, never could they have imagined the success they have attained here. Twenty plus years of hard work has yielded one of Long Island's premier restaurant/catering businesses and the ability to support numerous community activities.

Both H and Ruby Singh have steeped themselves in the hospitality, food service industry. Subsequent to obtaining his Masters in business management, H worked for various food chains such as Arthur Treachers and Burger King where he rose to be District Manager. Ruby obtained extensive experience working at various five star India hotels. In 1988 H ventured into his own restaurant business with an A&W restaurant in Bethpage.

 

Today, that location is the flagship of the company and operates as HR Singletons, Classic American Grill. Singleton's is now a 600 seat restaurant, banquet and catering facility which is busy seven days a week. In 1998, joined by Ruby, the Singh's ventured into another business, The Woodlands. The Woodlands started as a modest catering facility in the Town of Oyster Bay Golf Course and today has a full service upscale restaurant seating 250 and catering facilities that can seat up to 500. In addition to the two restaurants/catering facilities, the Singhs own and manage the shopping center which houses Singletons.

A major part of the couple's ability to successfully operate and expand their catering empire has been low cost financing to purchase and renovate the buildings involved, thereby enabling them to contain costs and manage cash flow. Financing for both the Singleton's and Woodland's projects was provided by SBA 504- a long term, low fixed rate second mortgage program. Another factor in the success of these operations has been the Singh's willingness to involve their extended family in operations, thus ensuring continuity of management, passion and dedication.

This dynamic couple, in addition to building the American Dream for themselves and their family, has made a major impact in the communities in which they live and operate businesses. They are known for their generous contributions to local charities, support of youth oriented activities such as Little League operations, and involvement in economic development initiatives to improve their communities

 

As H Singh recently said " our success has been fueled by commercial real estate ownership and business development. Our children are well educated and happy. Our extended family is being well supported by these enterprises. We are able to make a positive impact in our community. We are truly living the American Dream."

The Singh's real estate developments were financed with long term, low fixed rate second mortgages from Long Island Development Corporation.


Site Created & Maintained by
The Louis Marketing Group