TCBY Enterprises, Inc. - TBY- Profile

TCBY Enterprises Inc., manufactures and distributes soft-serve frozen yogurt, ice creams and novelty frozen food products. Company operates through company owned and franchised retail stores and also in non traditional locations. In addition the company manufactures and markets equipment relating to the food service industry. The main customers of the company are supermarkets, convenience stores, dairies, foodservice distributors, club stores and private label suppliers. The operations of TCBY are carried out through 2,988 locations out of which 904 are domestic franchised stores, 1 company owned store, 257 international licensed stores, and 1,826 non traditional domestic locations. The Company's subsidiaries are TCBY Systems, Inc. Riverport Equipment and Distribution Company, Inc. During the year 1999, international sales accounted for 3% of total revenues. During the year 2000, the company entered into an agreement and plan of merger with CI Merger Co. and Capricorn Investors III, L.P. Food products accounted for 73% of 1999 revenues, equipment sales, 13%, Franchising, 11% and Other, 3%.