| Business Summary | | Austins
Steaks
&
Saloon,
Inc.
operates
and/or
franchises
the
Austins
Steaks
&
Saloon,
WesterN
SizzliN,
WesterN
SizzliN
Wood
Grill,
Great
American
Steak
&
Buffet,
Quincy
Steakhouses
and
Market
Street
Buffet
and
Bakery
concepts.
As
of
December
31,
2000,
the
Company
operated
seven
WesterN
SizzliN
restaurants,
four
Austins
Steaks
&
Saloon
restaurants,
12
Great
American
Steak
&
Buffet
restaurants
and
53
Quincy
Steakhouses.
In
addition,
approximately
130
franchisees
operated
198
WesterN
SizzliN,
Wood
Grill
and
Market
Street
Buffet
and
Bakery
restaurants.
The
Company's
restaurants
are
located
in
the
states
of
Alabama,
Arizona,
Arkansas,
Colorado,
Florida,
Georgia,
Illinois,
Kansas,
Kentucky,
Louisiana,
Maryland,
Mississippi,
Missouri,
Nebraska,
New
Mexico,
North
Carolina,
Ohio,
Oklahoma,
Pennsylvania,
South
Carolina,
Tennessee,
Texas,
Virginia
and
West
Virginia. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Austins
Steaks
and
Saloon,
Inc.
owns
36
and
franchises
209
family
steakhouse,
casual
dining,
and
steak
and
buffet
restaurants
in
24
states.
For
the
six
months
ended
6/30/01,
revenues
fell
25%
to
$21.6
million.
Net
income
fell
7%
to
$404
thousand.
Results
reflect
decreases
at
the
Company's
Quincy
operations
and
the
closure
of
several
restaurants,
partially
offset
by
a
decrease
in
the
cost
of
franchised
operations,
depreciation
and
debt
levels. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| J. Carson Quarles, 64 Chairman | -- | Victor Foti, 65 Pres,
CEO, Director | $160K | Robyn Mabe, 39 CFO,
VP, Sec., Treasurer, Controller | -- | Marc Sperry, 43 VP,
COO | 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
|
|