| Business Summary | | West
Coast
Entertainment
Corporation
is
one
of
the
largest
owners,
operators
and
franchisers
of
video
retail
specialty
stores
in
the
United
States
in
terms
of
system-wide
revenues.
At
February
6,
2000,
the
Company
owned
and
operated
238
video
specialty
stores
and
West
Coast
Franchising
Corporation
franchised
74
video
specialty
stores
located
in
17
states,
principally
in
the
Northeast
and
Midwest.
In
general,
the
Company's
stores
rent
and
sell
videocassettes,
rent
video
games
and
sell
certain
popular
electronic
accessories
along
with
a
variety
of
confectionery
items. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | West
Coast
Entertainment
Corp.
owns
and
operates
261
video
specialty
stores
and
franchises
160
additional
stores.
The
Co.'s
stores
operate
under
the
names
West
Coast
Video
and
Videosmith
and
are
located
in
22
states.
For
the
three
months
ended
5/7/00,
total
revenue
fell
12%
to
$24
million.
Net
loss
increased
33%
to
$4.1
million.
Results
reflect
lower
rental
revenue
due
to
the
closing
of
underperforming
stores,
and
increased
revenue
sharing
expense. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Herbert Kozlov, 47 | Director,
Sole Exec. Officer |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|