| Business Summary | | Founders
Food
&
Firkins
Ltd.,
incorporated
in
1997,
operates
restaurant-microbreweries
under
the
name
Granite
City
Food
&
Brewery.
The
Company
operates
one
store
in
St.
Cloud,
Minnesota,
and
one
in
Sioux
Falls,
South
Dakota.
Its
full-service
restaurants
offer
handcrafted
beers.
The
restaurants'
theme
is
casual
dining,
with
a
broad
menu
of
items,
including
meals
prepared
fresh
daily
and
freshly
brewed
handcrafted
beers
made
on-premise.
Its
handcrafted
beers
are
moderately
priced
and
offer
unique
styles
and
flavors
not
typically
produced
by
major
breweries.
The
Company
plans
to
expand
operations
to
open
an
additional
Granite
City
Food
&
Brewery
restaurant
in
Fargo,
North
Dakota. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Founders
Food
and
Firkins
operates
Granite
City
Food
and
Brewery
restaurant-microbreweries,
which
are
full-service
restaurants
featuring
on-premise
breweries.
For
the
six
months
ended
7/1/01,
revenues
totaled
$4.1
million,
up
from
$1.9
million.
Net
loss
decreased
38%
to
$28
thousand.
Revenues
reflect
the
12/00
opening
of
the
Sioux
Falls,
South
Dakota
restaurant.
Loss
was
partially
offset
by
increased
labor,
general
and
administrative
and
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | |
| Position | William Burdick, 59 | Chairman
and Brewmaster | Steven Wagenheim, 46 | Pres,
CEO, Director | Mitchel Wachman, 35 | CFO,
Sec., Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|