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

Buffets, Inc.
 PROFILE
You don't have to worry about getting seconds at Buffets. The company operates one of the country's largest chains of buffet restaurants, with more than 400 locations in more than 30 states (it also franchises 24 restaurants). Operating mostly under the Old Country Buffet and HomeTown Buffet brands, the company's locations are self-service buffets featuring entrees, sides, and desserts for an all-inclusive price (lunch is around $6; dinner costs up to $9). Buffets' other brands include Original Roadhouse Grill, Granny's Buffet, Country Roadhouse Buffet & Grill, Tahoe Joe's Famous Steakhouse, and Soup 'N Salad Unlimited. In 2000 private equity firm Caxton-Iseman Capital bought Buffets for $643 million.

 COMPETITION
Investors Management Corp. (dossier)
Ryan's Family Steak Houses, Inc. (RYAN)
Shoney's, Inc. (SHOY)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 936.90
1-Yr. Sales Growth: 7.8%
Employees: 25,000
Revenue per employee: $37,476.00

 KEY PEOPLE
• Kerry A. Kramp
    CEO
• Clark C. Grant
    CFO

 CONTACT INFO
1460 Buffet Way
Eagan, MN 55121
US
Phone: 651-994-8608
Fax: 651-365-2356
Online: Web Site

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Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


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