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Home > Company Index > Leisure > Restaurants > The Restaurant Co.

The Restaurant Co.
 PROFILE
The Restaurant Company (TRC) has its focus on the family. It operates about 140 and franchises about 330 Perkins Family Restaurants in 35 states (primarily in Florida, Minnesota, Ohio, Wisconsin, and Pennsylvania) and Canada. The restaurants, many of which are open 24 hours, offer mid-priced breakfast, lunch, and dinner entrees. TRC also provides pies, pancake mix, cookie dough, and other food products to Perkins Restaurants through its Foxtail Foods manufacturing unit. The company is 70%-owned by chairman and CEO Donald Smith (who is also chairman and CEO at Northeast restaurant chain Friendly Ice Cream) while BankBoston Ventures (a unit of FleetBoston Financial Corp.) owns 30%.

 COMPETITION
Advantica Restaurant Group, Inc. (DINE)
Applebee's International, Inc. (APPB)
Brinker International, Inc. (EAT)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 336.20
1-Yr. Sales Growth: 6.5%
Employees: 9,700
Revenue per employee: $34,659.79

 KEY PEOPLE
• Donald Smith
    CEO
• Steven R. McClellan
    CFO

 CONTACT INFO
One Pierce Place, Ste. 100E
Itasca, IL 60341
US
Phone: 630-250-0471
Fax: 630-250-0382
Online: Web Site

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