| Business Summary | | Avado
Brands,
Inc.
is
a
full-service,
casual
dining
restaurant
company
that
owns
four
decentralized
restaurant
brands.
The
Company
currently
owns
and
operates
restaurants
in
33
states
and
the
District
of
Columbia
including
139
Don
Pablo's
Mexican
Kitchen
restaurants,
75
Hops
Restaurant
-
Bar
-
Brewery
restaurants,
32
McCormick
&
Schmick's
seafood
dinner
houses
and
17
Canyon
Cafe
restaurants.
Each
of
the
brands
functions
on
a
decentralized
basis
with
its
own
executive
management,
purchasing,
recruiting,
training,
marketing
and
restaurant
operations.
This
consumer-based
operating
philosophy
allows
the
Company
to
gain
competitive
advantage
by
sharing
best
practices
and
centralizing
non-brand-critical
processes
such
as
human
resources,
finance,
treasury,
accounting
and
capital
formation. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Avado
Brands
operates
casual
dining
restaurants
under
the
names
Canyon
Cafe
Southwestern
Grill,
Don
Pablo's
Mexican
Kitchen,
Hops
Restaurant
Bar
and
Brewery
and
McCormick
and
Schmick's
seafood
dinner
houses.
For
the
six
months
ended
7/01/01,
revenues
rose
4%
to
$354
million.
Net
loss
rose
from
$2.2
million
to
$5.9
million.
Revenues
reflect
increased
operating
capacity
from
three
new
restaurants.
Higher
loss
reflects
increased
interest
and
restaurant
operating
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Tom DuPree, Jr., 49 Chairman
of Directors and CEO | $525K | Erich Booth, 52 CFO
and Treasurer | 342K | Margaret Waldrep, 45 CAO,
Director | 342K | Percy Williams, 40 Sec.
of Legal Services | 106K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|