Star Buffet, Inc. - STRZ- Profile

Star Buffet, Inc.. The Group's principal activity is to offer wide variety of food through chain of restaurants. It conducts its operations through four segments: HomeTown Buffet segment, North's Star segment, Florida Buffets segment and Summit Restaurant segment. As of 30-Jan-2006, the Group owned and operated fourteen franchised HomeTown Buffet restaurants, six JB's Restaurants, five BuddyFreddys restaurants, two JJ North's Country Buffet restaurants, two Holiday House restaurants and one Mexican-themed restaurant . The restaurants are located in nine western states and Florida. On 01-Feb-2006, the Group acquired 3 restaurants from K-BOB'S USA, Inc. On 11-Jul-2006, the Group acquired Pecos Diamond Steakhouse. HomeTown Buffet accounted for 50% of 2005 revenues; Summit Restaurants, 27%; Florida Buffet, 19% and North's Star, 4%