Moto Photo - MOTOQ- Profile

Moto Photo, Inc.. The Group's principal activities are to franchise and own stores offering one-hour photo processing services, portrait and related imaging services and merchandise. The services are provided under the trade names and service marks of Motophoto, One Hour Motophoto and Portrait Studio. The Group's operating segments include development, royalty and advertising, wholesale and company stores. Development segment markets the Group's franchise and recruits franchisees. Royalty and advertising segment provides services to current franchisees. Wholesale segment sells to franchisees, products and related services not covered under the franchise agreements. Company stores operate retail photo processing and portrait stores owned by the Group. As on 31-Dec-2001, the Group operated 337 stores of the Motophoto system throughout the United States and Canada. Wholesale accounted for 43% of 2001 revenues; company stores, 42%; royalties and advertising, 15% and development, nominal. Wholesale accounted for 43% of 2001 revenues; Company Stores, 42%; Royalties and Advertising, 15% and Development, nominal