| Business Summary | | Austin's
International,
Inc.
was
incorporated
to
develop,
own
and
operate
a
chain
of
full-service
restaurants
specializing
in
Southwest-style
American
cuisine.
Austin's
restaurants
currently
offer
a
wide
variety
of
appetizers,
salads
and
signature
items
such
as
baby
back
ribs
and
a
wide
variety
of
steaks.
Austin's
International,
Inc.,
a
Florida
corporation,
formed
in
May
of
1988,
is
a
wholly
owned
subsidiary
of
the
Company.
The
Company,
either
directly
or
through
its
Florida
subsidiary,
owns
and
operates
restaurants
throughout
Florida. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Austin
International
develops,
owns
and
operates
a
chain
of
full-service
restaurants
specializing
in
Southwest-style
American
cuisine.
For
the
nine
months
ended
12/97,
total
revenues
decreased
58%
to
$2.2
million.
Net
loss
increased
14%
to
$1.1
million.
Results
suffered
from
the
closing
of
the
Ft.
Lauderdale
and
Pembroke
Pines
units.
Higher
loss
also
reflects
increased
food
and
beverage
and
general
and
administrative
expenses
as
a
percentage
of
sales. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Larry Graybill, 54 | Pres,
Treasurer |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|