| Business Summary | | Schlotzsky's,
Inc.
is
a
franchisor
and
operator
of
quick-service
restaurants
that
feature
made-to-order
sandwiches
with
sourdough
buns.
Schlotzsky's
operates
through
a
network,
as
of
December
31,
2000,
of
711
franchised
and
Company-owned
restaurants.
Schlotzsky's
Deli
restaurants
offer
a
menu
of
foods
featuring
Schlotzsky's
proprietary
breads.
Its
bread
is
baked
fresh
every
day
for
every
restaurant,
and
its
menu
includes
15
sandwiches
on
four
types
of
buns,
10
sourdough
crust
pizzas,
chips,
salads,
soups
and
other
side
items,
fresh-baked
cookies
and
other
desserts
and
beverages.
As
of
December
31,
2000,
the
Schlotzsky's
Deli
system
included
29
Company-owned
restaurants
and
682
franchised
restaurants
located
in
38
states,
the
District
of
Columbia
and
10
foreign
countries.
Schlotzsky's
operates
through
two
business
segments,
Restaurant
Operations
and
Franchise
Operations.
Until
its
termination
in
2000,
a
third
segment,
Turnkey
Development,
developed
new
restaurants
for
franchisees. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BUNZ
franchises
quick-service
restaurants
that
feature
made-to-order
sandwiches.
The
Company
operates
through
its
two
business
segments,
Restaurant
Operations
and
Franchise
Operations.
For
the
six
months
ended
6/30/01,
revenues
rose
8%
to
$31.4
million.
Net
income
totalled
$1.3
million
vs.
a
loss
of
$2.8
million.
Revenues
reflect
the
addition
of
five
new
restaurants
and
an
increase
in
licensing
fees.
Earnings
reflect
the
termination
of
the
Turnkey
program. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Wooley, 52 Chariman
of the Board, Pres and CEO | $247K | Richard Valade, 52 CFO,
Exec. VP, Treasurer | 123K | Jeffrey Wooley, 55 Sr.
VP, Sec. | 179K | Joyce Cates, 53 Sr.
VP, Franchise Operations | 97K | Darrell Kolinek, 49 Sr.
VP of Restaurant Operations | 140K | 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
|
|