Tumbleweed, Inc. - TWED- Profile

Tumbleweed, Inc.. The Group's principal activity is the operation and franchise of Tumbleweed Southwest Mesquite Grill and Bar full service restaurants. The Groups menu offers both distinctively seasoned, spicier versions of popular Tex-Mex dishes, as well as an assortment of grilled steaks, ribs, pork chops, chicken and seafood selections. The restaurants typically contain full-service bars offering a wide assortment of mixed drinks, wines, domestic and imported beers. The Group owns and operates 36 restaurants in Kentucky, Indiana and Ohio. The Group has 19 franchised restaurants located in Indiana, Illinois, Kentucky, Michigan, Virginia, West Virginia and Wisconsin, and eight restaurants located outside the United States in Germany, Jordan, Egypt and Saudi Arabia. Restaurant sales accounted for 94% of 2002 revenues; Commissary sales, 3% and Franchise Fees and Royalties, 3%.