| Business Summary | | Mexican
Restaurants
Inc.
operates
and
franchises
Mexican-theme
restaurants
under
the
names
Casa
Ole,
Monterey's
Tex-Mex
Cafe,
Monterey's
Little
Mexico,
Tortuga
Coastal
Cantina
and
La
Senorita.
The
Company
operates
53
restaurants
and
franchises
35
restaurants
in
various
communities
across
Texas,
Louisiana,
Oklahoma,
Idaho
and
Michigan.
The
Casa
Ole',
Monterey
and
La
Senorita
restaurants
are
designed
to
appeal
to
a
broad
range
of
customers,
and
are
located
primarily
in
small
and
medium-sized
communities
and
middle-income
areas
of
larger
markets.
The
Tortuga
Coastal
Cantina
restaurants
also
appeal
to
a
broad
range
of
customers
and
are
primarily
located
in
Houston
suburban
markets.
The
restaurants
offer
fresh,
quality
food,
affordable
prices,
friendly
service
and
comfortable
surroundings.
Menus
feature
a
variety
of
traditional
Mexican
and
Tex-Mex
selections;
complemented
by
the
Company's
original
Mexican-based
recipes. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Mexican
Restaurants
Inc.
operates
and
franchises
Mexican-theme
restaurants
featuring
various
elements
associated
with
the
casual
dining
experience.
For
the
26
weeks
ended
7/1/01,
total
revenues
fell
1%
to
$31.7
million.
Net
income
fell
1%
to
$767
thousand.
Results
reflect
lower
restaurant
sales
due
to
three
net
store
closures
and
the
temporary
closure
of
another
store
due
to
tropical
storm
damage,
and
lower
franchise
fees
and
royalties
earned. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Louis Neeb, 62 Chairman | $134K | Curt Glowacki, 49 Pres,
CEO, Chief Operating Officer, Director | 218K | Larry Forehand, 56 Vice
Chairman | -- | Andrew Dennard, 42 CFO,
Sr. VP, Treasurer, Controller | 150K | 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
|
|