| Business Summary | | Interfoods
of
America,
Inc.,
through
its
wholly
owned
subsidiary,
Sailormen,
Inc.,
is
a
franchisee
and
operator
of
Popeye's
Chicken
and
Biscuits
restaurants
(Popeye's).
The
Popeye's
menu
features
spicy
fried
chicken
that
each
restaurant
prepares
daily
on
premises,
along
with
biscuits.
The
Company
currently
operates
or
subleases,
pursuant
to
franchise
agreements
with
AFC
Enterprises,
Inc.,
165
Popeye's
restaurants
located
in
Florida,
Alabama,
Illinois,
Georgia,
Mississippi,
Louisiana
and
Missouri,
and
two
Church's
Chicken
restaurants
in
Florida. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Interfoods
of
America
is
a
franchisee
and
operator
of
Popeye's
Chicken
and
Biscuits
restaurants.
The
Company
operates
or
subleases
165
Popeye's
restaurants.
For
the
nine
months
ended
6/30/01,
revenues
totaled
$113.3
million,
up
from
$53.4
million.
Net
income
rose
24%
to
$1.1
million.
Revenues
reflect
the
acquisition
of
110
stores
in
Florida,
Mississippi
and
Louisiana.
Earnings
were
partially
offset
by
increased
interest
expense
due
to
higher
average
debt
levels. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Robert Berg, 42 Chairman,
CEO | $756K | Steven Wemple, 49 Pres,
COO, | 727K | Francis Maloney, 58 CFO | 106K | Dollar
amounts are as of 30-Sep-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
|
|