Amarillo Mesquite Grill, Inc

Financial Main Page | IGHRM Main Page
Disclaimer:

International Guild of Hospitality & Restaurant Managers

302 North Rock Road, Suite 200
Wichita , KS 67206
Phone: (316) 685-7286
Fax: (316) 685-4340
http://www.mesq.com/

Amarillo Mesquite Grill, Inc., formerly Maverick Restaurant, incorporated on May 5, 1982 , owns and operates the Amarillo Mesquite Grill restaurant chain. As of January 27, 2002 (fiscal year-end 2002), the Company had in operation 13 Amarillo Mesquite Grill restaurants in Kansas , Oklahoma , Missouri and Arkansas . Amarillo Mesquite Grill restaurants are open for lunch and dinner, and offer a casual dining environment serving aged prime rib and steaks, along with barbecued ribs, chicken and seafood, all grilled over an open flame of mesquite wood. Appetizers and desserts, as well as a children's menu with lower-priced selections, are also available. From the date of its incorporation until 1993, the Company operated Grandy's restaurants. Grandy's restaurants featured home-cooked-style meals, such as southern-fried chicken, country-fried steak and mashed potatoes and gravy, in a fast-food setting.

In 1993, the Company began the process of selling its existing Grandy's restaurants or converting the buildings that these restaurants were located in, to Cotton Patch Cafe restaurants. Cotton Patch Cafe featured a southern home-style menu and offered full table service in a relaxed, family-oriented environment.

On June 17, 1996 , the Company acquired the assets of the Amarillo Mesquite Grill restaurant chain from Homestead West, Inc. and Amagril, Inc. The Amarillo Mesquite Grill restaurant chain consisted of four restaurants at the date of purchase: two located in Wichita , Kansas , one located in Hutchinson , Kansas and one located in Overland Park , Kansas . Since the date of this acquisition, the Company has converted its Cotton Patch Cafe restaurants to Amarillo Mesquite Grill restaurants.

During fiscal 2002, the Company closed its restaurants in Wichita Falls , Texas , and McAlester , Oklahoma . The Company has entered into subleases on these restaurant facilities. The Company relocated one of its Wichita , Kansas , locations to a higher-traffic area within three miles of its former location. On March 3, 2002 , the Company closed its Springfield , Missouri , restaurant and entered into a sublease with a third party to sublease the restaurant facilities.

Disclaimer:
The data included within the Financial section is solely for information and does not construe a recommendation and/or endorsement by IGHRM or its members to invest funds with any of the companies listed. You are strongly urged to obtain professional advice with qualified individuals or corporations for any investments of funds.