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Home > Company Index > Leisure > Restaurants > DavCo Restaurants, Inc.

DavCo Restaurants, Inc.
 PROFILE
If hamburgers and ice cream say America to you, then DavCo Restaurants must be one of the most patriotic companies around. One of the world's largest Wendy's franchisees, DavCo owns more than 150 units across the Mid-Atlantic. It is also a Friendly Ice Cream franchisee with nearly 50 units in its collection. Guests at DavCo's Wendy's units can munch on those famous square burgers, as well as chicken sandwiches, chili, and salads. Known for ice cream, Friendly's restaurants also serve breakfast items, chicken, and steaks. Formerly a public company, DavCo was bought by management in 1998. Citicorp Venture Capital owns about 67%; chairman and CEO Ronald Kirstien and SEVP Harvey Rothstein each own minority stakes.

 COMPETITION
Burger King Corporation (dossier)
International Dairy Queen, Inc. (dossier)
McDonald's Corporation (MCD)

 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 252.40
1-Yr. Sales Growth: 1.0%
Employees: 9,000
Revenue per employee: $28,044.44

 KEY PEOPLE
• Ronald D. Kirstien
    CEO
• Charles C. McGuire
    CFO

 CONTACT INFO
1657 Crofton Blvd.
Crofton, MD 21114
US
Phone: 410-721-3770
Fax: 410-793-0754
Online: Web Site

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