| Business Summary | | Nathan's
Famous,
Inc.
has
historically
operated
and
franchised
fast-food
units
featuring
Nathan's
brand
all
beef
frankfurters,
fresh
crinkle-cut
French
fried
potatoes
and
a
variety
of
other
menu
offerings.
As
of
March
25,
2001,
the
Company's
system,
consisting
of
Nathan's
Famous,
Kenny
Rogers
Roasters
and
Miami
Subs
restaurants,
included
25
Company-owned
units
concentrated
in
the
New
York
metropolitan
area
(including
New
Jersey)
and
Florida.
Also
included
were
386
franchised
units,
including
four
units
operating
pursuant
to
management
agreements,
and
over
1,200
branded
product
points
of
sale
under
the
Company's
Branded
Product
Program,
located
in
42
states,
the
District
of
Columbia
and
17
foreign
countries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Nathan's
Famous
develops
and
operates
a
chain
of
retail
fast-food-style
restaurants
with
24
Company-owned
stores
and
384
franchised
units
operating
as
of
6/01.
For
the
13
weeks
ended
6/24/01,
revenues
fell
8%
to
$11.9
million.
Net
income
rose
29%
to
$962
thousand.
Revenues
reflect
the
decrease
in
the
number
of
restaurants
operated.
Earnings
benefited
from
lower
operating
costs
due
to
the
closure
of
several
restarurants
and
the
gain
on
the
sale
of
those
restaurants. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Howard Lorber, 52 Chairman
and CEO | $263K | Wayne Norbitz, 53 Pres,
COO | 406K | Ronald DeVos, 46 CFO,
VP-Fin., Sec. | 182K | Donald Perlyn, 58 Exec.
VP, Director | 226K | Carl Paley, 64 Sr.
VP of Franchise and Real Estate Devel. | -- | Dollar
amounts are as of 25-Mar-2001 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
|
|