| Business Summary | | Tumbleweed,
Inc.,
at
December
31,
2000,
owned,
franchised
or
licensed
63
Tumbleweed
Southwest
Mesquite
Grill
&
Bar
restaurants.
The
Company
owned
and
operated
36
Tumbleweed
restaurants
in
Kentucky,
Indiana
and
Ohio
including
one
restaurant,
which
is
50%
owned
through
a
joint
venture.
There
were
19
franchised
Tumbleweed
restaurants
located
in
Indiana,
Illinois,
Kentucky,
Michigan,
Virginia,
West
Virginia
and
Wisconsin,
and
eight
licensed
restaurants
located
outside
the
United
States
in
Germany,
Jordan,
Egypt,
Saudi
Arabia,
England
and
Turkey.
Tumbleweed
Southwest
Mesquite
Grill
&
Bar
restaurants
feature
sophisticated
Tex-Mex
and
mesquite
grilled
food
served
in
a
casual
dining
atmosphere
evoking
the
American
Southwest. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Tumbleweed,
Inc.
is
engaged
in
the
food
service
industry,
featuring
Tex-Mex
and
mesquite
grilled
food.
The
Co.
owns,
operates,
franchises
and
licenses
63
Tumbleweed
Southwest
Mesquite
Grill
and
Bar
restaurants.
For
the
six
months
ended
6/30/01,
revenues
rose
6%
to
$29.6
million.
Net
loss
totaled
$71
thousand
vs.
an
income
of
$756
thousand.
Results
reflect
the
addition
of
30
Company-owned
restaurants
and
sales
to
licensed
restaurants,
offset
by
higher
restaurant
operating
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Terrance Smith, 55 Chairman,
Pres, CEO | $132K | James Mulrooney, 49 CFO,
Exec. VP, Director | 189K | Glennon Mattingly, 49 VP
and Controller | -- | Gary Snyder, 46 VP
- Company Operations | 111K | 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
|
|