He began his career at FM Enterprises in 1992. Mr. Faramchi was the president of FM Enterprises while he resumed the same role at International Rugs. His job duties at International Rugs were similar to those at FM Enterprises. He sold, cleaned, repaired, and appraised high-end rugs. His expertise in this area also includes launching a rug liquidation company called Global Rug Liquidators, which specializes in purchasing other rug companies in distress and liquidating their assets. Faramchi, has completed several liquidation projects nation wide and earned the role of being one of the best rug liquidators in the industry. Outside of his work experience in the rug industry, Mr. Faramchi also attends trade shows in Las Vegas, Atlanta, and Germany.

He enjoys traveling, biking, exercising , and collecting early 1970s Yamaha bikes when not working.