| Business Summary | | Elmer's
Restaurants,
Inc.
is
a
franchisor
and
operator
of
full-service,
family
oriented
restaurants
under
the
names
Elmer's
Pancake
&
Steak
House,
Elmer's.
Breakfast.
Lunch.
Dinner.
and
Mitzel's
American
Kitchen,
and
operates
delicatessen
restaurants
under
the
names
Ashley's
Cafe
and
Richard's
Deli
and
Pub.
The
Company
owns
and
operates
12
Elmer's
Restaurants,
six
Ashley's
Deli
restaurants,
five
Mitzel's
American
Kitchen
restaurants,
four
Richard's
Deli
and
Pub
restaurants
and
sells
franchises
that
give
franchisees
the
right
to
operate
under
the
name
Elmer's
Breakfast.
Lunch.
Dinner.
for
a
specific
restaurant
or
region.
Franchises
and
Company-owned
units
are
located
throughout
the
western
United
States. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ELMS
is
a
franchisor
and
operator
of
full
service,
family-oriented
restaurants
under
the
names
``ELMER'S
Breakfast.
Lunch.
Dinner''
and
an
operator
of
delicatessen
restaurants
under
the
names
Ashley's
Cafe
and
Richard's
Deli
and
Pub.
For
the
fiscal
year
ended
4/2/01,
revenues
rose
17%
to
$25.9
million.
Net
income
rose
2%
to
$956
thousand.
Revenues
reflect
the
sale
of
two
franchise
agreements
and
the
administrative
services
agreement,
partially
offset
by
higher
SG&A
costs. | More
from
Market Guide: Significant
Developments |
| | |
| Position | William Service, Jr., 39 | CEO,
Chief Financial Officer | Bruce Davis, 39 | Pres
and Chairman |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|