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Home > Company Index > Leisure > Restaurants > American Restaurant Group, Inc.
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American Restaurant Group, Inc. |
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PROFILE |
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Once upon a time in the West and Southwest, American Restaurant Group (ARG) operated 193 sundry restaurants in five different flavors, from sports grills (Local Favorite) and casual dining (Spoons) to country cooking (Grandy's) and upscale dining (Spectrum Foods). Today, ARG can lay claim to only one type of eatery -- about 100 steak houses operating under the Stuart Anderson's Black Angus and Stuart Anderson's Cattle Company names. Founded by former CEO Anwar Soliman (who still owns 17%) in 1964, ARG has been burdened with debt. To settle those debts, the firm sold its four concept restaurants to NBACo (Non-Black Angus Concepts, now known as Spectrum Restaurant Group), which is majority-owned by Soliman.
COMPETITION |
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 299.80
1-Yr. Sales Growth: (26.5)%
Employees: 9,200
Revenue per employee: $32,586.96
KEY PEOPLE |
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Ralph S. Roberts
CEO
CONTACT INFO |
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4410 El Camino Real, Ste.201
Los Altos, CA 94002
US
Phone: 650-949-6400
Fax: 949-721-8426
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