Eateries, Inc. - EATS- Profile

Eateries, Inc.. The Group's principal activity is to own, operate and franchise restaurants under the names: Garfield's Restaurant & Pub, Garcia's Mexican Restaurants and Pepperoni Grill. As of 29-Jun-2003, the Group owned 51 (45 Garfield's, 4 Garcia's and 2 Pepperoni Grills) and franchised or licensed 10 Garfield's restaurants in 20 states. Each Garfield's restaurant offers a diverse menu of freshly prepared traditional and innovative entrees, including steaks, seafood, chicken, hamburgers, Mexican, Italian, and sandwiches along with a variety of appetizers, salads and desserts. Each Garcia's restaurant offers a traditional menu of high quality Mexican food. Alcoholic beverages are also offered in each location. Each Pepperoni Grill offers a menu that features a variety of Northern Italian entrees with special emphasis on brick-oven baked pizza. Food and beverage sales accounted for 99% of 2002 revenues; franchise fees and royalties, 1% and other, nominal