| Business Summary | | Bestway,
Inc.
and
its
consolidated
subsidiaries
are
engaged
in
the
rental-purchase
industry.
The
Company
owns
and
operates
a
total
of
77
stores
located
in
the
states
of
Alabama,
Arkansas,
Georgia,
Mississippi,
North
Carolina,
South
Carolina
and
Tennessee.
The
Company's
rental-purchase
program
offers
brand
name
durable
household
goods,
electronics,
appliances
and
jewelry
to
customers
on
a
week-to-week
or
month-to-month
basis.
The
Company
owns
the
federally
registered
service
mark
Bestway
Rental. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Bestway,
Inc.
operates
77
rental-purchase
stores,
which
offer
brand
name
durable
household
goods,
electronics,
appliances
and
jewelry
to
customers
on
a
week-to-week
or
month-to-month
basis.
For
the
nine
months
ended
4/30/01,
revenues
rose
6%
to
$27.3
million.
Net
loss
totaled
$92
thousand
vs.
an
income
of
$352
thousand.
Revenues
reflect
the
opening
of
new
stores.
Net
loss
reflects
an
increase
in
salaries
and
higher
stores
opening
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| R. Brooks Reed, 59 Chairman
and CEO | $150K | Teresa Sheffield, 40 Pres
and COO | 229K | Beth Durrett, 43 CFO
and Sec. | 152K | Vincent Jarbo, 35 Regional
VP | 153K | Joe McElroy, 43 VP
- Real Estate | 165K | Dollar amounts are as of 31-July-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
|
|