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Home > Company Index > Leisure > Restaurants > Meritage Hospitality Group Inc.

Meritage Hospitality Group Inc.
AMEX: MHG
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 PROFILE
Meritage is really big on the beef in Michigan. Meritage Hospitality Group operates about 35 Wendy's hamburger restaurant franchises in western and southern Michigan, supplying more than six million people each year with burgers and sandwiches, fries, chicken nuggets, Frosty Dairy Desserts, and other items. The company plans to develop or purchase 20-30 restaurants over the next five years, including co-branded outlets (Meritage has opened three Wendy's restaurants with Meijer convenience stores and gas stations). Before finding the beef, the company operated three Michigan-area hotels, which it sold in 1997 and 1998.

 COMPETITION
Burger King Corporation (dossier)
McDonald's Corporation (MCD)
Quality Dining, Inc. (QDIN)

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 FINANCIAL OVERVIEW
Fiscal Year-End: November
2000 Sales (mil.): 33.10
1-Yr. Sales Growth: 11.1%
Employees: 1,300
Revenue per employee: $25,461.54

 KEY PEOPLE
• Robert E. Schermer
    CEO
• Pauline M. Krywanski
    CFO

 CONTACT INFO
40 Pearl St. NW, Ste. 900
Grand Rapids, MI 49503
US
Phone: 616-776-2600
Fax: 616-776-2776
Online: Web Site

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