Pizza Inn, Inc. - PZZI- Profile

Pizza Inn, Inc.. The Group's principal activity is to franchise and distribute food to a system of restaurants operating under the trade name 'Pizza Inn'. On 20-Sep-2006, the Pizza Inn system consisted of 369 restaurants, including five Company-owned restaurants and 366 franchised restaurants. These units are currently located in 18 states and 9 foreign countries. The Group offers three concepts: Buffet restaurants offer dine-in and carryout service and, in many cases, also offer delivery service. It also offers pasta, salad, sandwiches, appetizers, desserts and beverages, including beer and wine. Delivery/carry-out restaurants offer delivery and carryout service only and are located in shopping centers or other in-line retail developments. Express restaurants are located in a convenience store, food court, college campus, airport terminal, athletic facility or other commercial facility. Food and Equipment Distribution accounted for 88% of fiscal 2006 revenues and Franchise and other, 12%