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Home > Company Index > Leisure > Restaurants > American Hospitality Concepts, Inc.

American Hospitality Concepts, Inc.
 PROFILE
American Hospitality Concepts, Inc. (AHCI) is circling back to its Ground Round concept. Owned by Boston Ventures, AHCI operates about 150 full-service casual-dining restaurants (primarily under the Ground Round name), mostly in the Northeast and Midwest. It also manages the 11-unit John Harvard's Brew House chain. Although the struggling company has branched out with new concepts (Tin Alley Grill, Berkshire Grill), it is relying on its signature brand to turn its fortunes around; AHCI has embarked on a massive campaign to refurbish and update the Ground Round chain. It also wants to increase the number of franchised units from 35 to more than 100.

 COMPETITION
Applebee's International, Inc. (APPB)
Brinker International, Inc. (EAT)
Darden Restaurants, Inc. (DRI)

 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 258.00
Employees: 9,400
Revenue per employee: $27,446.81

 KEY PEOPLE
• Thomas J. Russo
    CEO
• Mark J. Lawless
    CFO

 CONTACT INFO
35 Braintree Hill Office Park
Braintree, MA 02184
US
Phone: 781-380-3100
Fax: 781-380-3168
Online: Web Site

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