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  September 5, 2001
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Home > Company Index > Leisure > Miscellaneous Entertainment > Million Dollar Saloon, Inc.

Million Dollar Saloon, Inc.
OTC: MLDS
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 PROFILE
Business is bust at the Million Dollar Saloon--and that's a good thing. The company operates its namesake topless Dallas nightclub and leases two other adult cabarets run by third parties in the Dallas/Fort Worth area. The club is a landmark for Dallas businessmen and has the ambience of an upscale restaurant where they can woo potential clients over steak and seafood. There is no full nudity, and topless staff are expected to "converse intelligently" with customers. CEO Nick Mehmeti owns 40% of the company, EVP Duncan Burch, 34%. They bought the stake previously held by W-W Investments L.L.P., which bought into the company in 1999 and sought new management.

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 4.30
1-Yr. Sales Growth: 18.5%
Employees: 161
Revenue per employee: $26,708.07

 KEY PEOPLE
• Nick Mehmeti
    CEO
• Nick Mehmeti
    CFO

 CONTACT INFO
6848 Greenville Ave.
Dallas, TX 75231
US
Phone: 214-691-6757
Fax: 214-691-6788
Online: Web Site

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