Mike Karns is owner and CEO of Local Favorite Restaurants. He has extensive expertise in real estate and also directs the operations of Local Favorite Restaurants' sister companies, Triton Commercial Real Estate, LLC and Karns Commercial Real Estate, Inc. His real estate and hospitality experience began with his time as Director of Real Estate for CiCi’s Pizza. Beginning with 12 local restaurants, Karns expanded CiCi’s Pizza into a national brand with close to 400 locations.
In 1993, he formed Karns Commercial Real Estate (KCRE), focusing on the acquisition and development of retail and office properties that span multiple states, and has developed and invested in real estate for more than two decades. He purchased El Fenix Corporation in 2008 as part of his “real estate driven restaurant operation company” vision, and added Snuffer’s Restaurant & Bar to his restaurant portfolio in 2013 and another local favorite, Village Burger Bar in 2017. Karns also created original restaurant concepts Meso Maya, Taqueria La Ventana, TorTaco and Tulum and has grown to over 40 locations in DFW.
Karns is an active member of the World Presidents’ Organization as well as other elite groups including Stagen Leadership Institute, Tiger 21 and is a long time student of Strategic Coach and its masters program. He was recognized as an Ernst & Young Entrepreneur of the Year in 2015. Karns has also been inducted into the Richardson High School Hall of Fame and recognized as a distinguished alumni at his alma mater, Stephen F. Austin University.
In addition to being a recognized leader in the real estate and restaurant industries, Karns and his companies and employees have been long-time supporters of local and national non-profit groups, including The North Texas Food Bank, The Pancreatic Cancer Action Network, JDRF Dallas, American Heart Association, The United Way of Metropolitan Dallas and charity: water. His dynamic contributions have made a significant difference throughout the Dallas community and worldwide.
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