| Business Summary | | Max
&
Erma's
Restaurants,
Inc.,
directly
and
through
an
affiliated
partnership,
owns,
operates
and
franchises
(five)
a
chain
of
64
Max
&
Erma's
restaurants,
as
of
December
31,
2000.
Max
&
Erma's
restaurants
offer
gourmet
burgers,
overstuffed
sandwiches,
homemade
pasta
dishes,
chargrilled
steak
and
chicken
specialties,
salads
and
munchies.
Unique
to
the
Max
&
Erma's
concept
is
the
Build-Your-Own-Sundae
Bar,
a
bathtub
filled
with
vanilla
ice
cream,
special
sauces
and
lots
of
toppings.
In
addition,
the
restaurants
offer
a
full
complement
of
alcoholic
and
non-alcoholic
beverages. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MAXE,
directly
or
through
affiliated
partnerships,
owns
and
operates
a
chain
of
64
restaurants,
as
of
12/31/00,
under
the
name
Max
and
Erma's-Neighborhood
Gathering
Place,
in
the
U.S.
For
the
28
weeks
ended
5/13/01,
revenues
rose
17%
to
$75.6
million.
Net
income
before
extraordinary
item
rose
24%
to
$1.3
million.
Revenues
reflect
the
opening
of
four
additional
restaurants
and
higher
same
store
sales.
Earnings
also
benefitted
from
decreased
pre-opening
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Todd Barnum, 58 Chairman,
Pres and CEO | $402K | William Niegsch, Jr., 48 CFO,
Exec. VP, Sec., Treasurer, Director | 227K | Mark Emerson, 53 COO | 249K | Gregory Heywood, 49 Regional
VP of Operations | 180K | Bonnie Brannigan, 37 VP
of Marketing and Planning | 160K | Dollar amounts are as of 29-Oct-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
|
|