| Business Summary | | Chefs
International
Inc.
operates
nine
restaurants
on
a
year-round
basis.
Seven
of
the
restaurants
are
freestanding
seafood
restaurants
in
New
Jersey
and
Florida,
one
is
a
Mexican
theme
restaurant
operated
under
the
name
Garcia's
and
one
is
a
free-standing
restaurant
in
Freehold,
New
Jersey,
operating
under
the
name
Moore's
Tavern
and
Restaurant.
Six
of
the
seafood
restaurants
are
operated
under
the
name
Lobster
Shanty
and
one
under
the
name
Baker's
Wharfside.
The
Company's
seafood
restaurants
provide
a
variety
of
seafood
dishes,
including
shellfish
such
as
lobster,
scallops,
shrimp,
oysters
and
clams,
and
other
fish
such
as
red
snapper,
bluefish
and
grouper.
A
limited
selection
of
non-seafood
entrees
is
also
offered,
including
steak,
chicken
and
desserts.
Most
of
the
Company's
seafood
restaurants
have
a
nautical
decor. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CHEF
currently
operates
eight
seafood
restaurants
and
one
Mexican
theme
restaurant
on
a
year-round
basis
in
NJ
and
FL.
For
the
13
weeks
ended
4/29/01,
revenues
rose
5%
to
$5.1
million.
Net
income
fell
6%
to
$129
thousand.
Revenues
reflect
higher
sales
at
the
Vero
Beach
and
increased
average
check
paid
per
customer.
Lower
income
reflects
an
increase
in
salary
expenses,
higher
insurance
costs
and
a
rise
in
utility
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Robert Lombardi, M.D., 48 Chairman | -- | Anthony Papalia, 42 Pres,
CEO, Chief Financial Officer, Treasurer | $162K | Martin Fletcher, 47 Sec. | -- | Dollar
amounts are as of 31-Jan-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
|
|