| Business Summary | | New
World
Coffee-Manhattan
Bagel,
Inc.
is
one
of
the
largest
franchisors
of
bagel
bakeries
and
coffee
bars
in
the
United
States.
It
operates
and
franchises
bagel
bakeries
and
coffee
bars
in
26
states
throughout
the
United
States
and
the
District
of
Columbia.
The
Company's
Manhattan
Bagel
stores
offer
more
than
23
varieties
of
fresh
baked
bagels,
as
well
as
bagel
sticks
and
bialys.
The
Company's
Chesapeake
Bagel
Bakery
stores
offer
a
variety
of
freshly
baked
bagels
as
well
as
other
baked
goods
and
dessert
items.
The
Chesapeake
stores
also
offer
an
extensive
variety
of
breakfast
and
lunch
sandwiches,
coffee,
salads
and
soups.
The
Company's
New
World
Coffee
stores
offer,
over
the
course
of
any
given
year,
up
to
30
varieties
and
blends
of
fresh
roasted
coffee,
in
brewed
and
whole
bean
format,
from
coffee
producing
countries
around
the
world. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | New
World
Coffee-Manhattan
Bagel
owns,
operates
and
franchises
coffee
bars,
bagel
bakeries
and
integrated
coffee
bar/bagel
bakeries
in
26
states
and
internationally.
For
the
26
weeks
ended
7/3/01,
revenues
increased
85%
to
$35.7
million.
Net
loss
applicable
to
Common
totalled
$24.5
million
vs.
income
of
$1.4
million.
Revenues
reflect
additional
retail
sales
from
Company
owned
stores
acquired.
Net
loss
suffered
from
$9.5
million
in
reorganization
and
other
non-recurring
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| R. Kamfar, 36 Chairman | $286K | Anthony Wedo, 42 CEO | -- | William Rianhard Pres,
COO | -- | Jerold Novack, 44 CFO,
Sec., Treasurer | 200K | Michael Ryan, 44 VP
- Franchise Services | -- | Dollar amounts are as of 26-Dec-1999 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
|
|