| Business Summary | | Creative
Bakeries,
Inc.
offers
a
broad
line
of
premium
quality
pastries,
cakes,
pies,
cookies
and
other
assorted
desserts
which
are
produced
at
its
baking
facility.
Such
baked
goods
are
marketed
and
distributed
on
a
wholesale
basis
to
supermarkets,
restaurants
and
institutional
dining
facilities.
The
company
has
one
subsidiary:
Batter
Bake
-
Chatterley
(BBC).
The
BBC
Subsidiary
markets
a
full
line
of
premium
quality
baked
products
such
as
cheese
cakes,
mousse
cakes
and
tart
shells.
Additionally
the
Company
has
now
expanded
its
offerings
to
include
a
line
of
frozen
batter
and
baked
products
such
as
a
variety
of
Gourmet
Frozen
Muffin
Batter
products,
No
Sugar
Added
Batters
as
well
as
a
selection
of
Fully
Baked
Thaw
&
Sell
muffins
and
cakes. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Creative
Bakeries
offers
a
broad
line
of
premium
quality
pastries,
cakes,
pies,
cookies,
batter
and
frozen-finished
cakes,
brownies,
muffins,
and
other
assorted
desserts
in
the
New
York
metropolitan
area.
For
the
six
months
ended
6/30/01,
net
sales
decreased
10%
to
$1.9
million.
Net
loss
from
continuing
operations
increased
10%
to
$104
thousand.
Results
reflect
lower
product
sales
and
higher
cost
of
sales
as
a
percentage
of
sales. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Philip Grabow, 60 Chairman | $150K | Ron Schutte CEO | -- | Yona Abrahami, 54 VP | 100K | Dollar
amounts are as of 31-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
|
|