Furr's Restaurant Group, Inc

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International Guild of Hospitality & Restaurant Managers

Furr's Restaurant Group, Inc., incorporated in 1991, is an operators of family-style cafeteria restaurants in the United States . The Company's cafeterias and buffets are operated under the Furr's and Bishop's names. The Company's 89 cafeterias and two buffets are located in 11 states in the Southwest, West and Midwest . In addition, the Company operates Dynamic Foods, a preparation, processing and distribution division, in Lubbock , Texas . Dynamic Foods provides in excess of 85% of the food and supply requirements of the Company's cafeteria and buffet restaurants. Dynamic Foods also sells bakery items and various prepared foods to the restaurant, food service and retail markets.

Family Dining Division

The Family Dining Division consists of 89 cafeterias and two pay-at-the-door buffet-style restaurants operated by Cafeteria Operators, L.P., an indirect wholly owned partnership subsidiary of the Company (Cafeteria Operators).

The Company's cafeterias offer a wide variety of meals appealing to a broad range of personal tastes, including chicken, beef, fish and pasta entrees; soup, salad and vegetable choices; non-alcoholic beverages; and freshly baked pies and cakes. The food is prepared for serving by the individual cafeteria. The Company's cafeterias generally are characterized by quick service and modest average prices per guest. The Company's customer base consists principally of people over 45 years of age, shoppers, working people and young families.

The Company's buffet-style restaurants feature traditional American and ethnic foods at a fixed price that entitles each guest to unlimited servings of all menu items and beverages. Food items are served in a "scatter bar" format at buffet islands centrally located in the restaurant's food service area. The "scatter-bar" buffet format emphasizes customer choice by allowing customers to select at their own pace in self selected portions, thereby improving the restaurant experience for the guest.

Furr's Restaurant Group opened a new prototype in El Paso, Texas, built from the ground up, under the name Furr's Family Buffet in June 2000. This buffet unit is approximately 11,000 square feet and can seat approximately 420 guests. The restaurant is open to guests every day of the year, 12 hours per day for lunch and dinner with breakfast available on Saturdays and Sundays. The Company's other buffet unit is a converted cafeteria that is approximately 10,000 square feet in size and has seating capacity for approximately 300 guests.

Dynamic Foods

The Company operates Dynamic Foods, a food purchasing, processing and distribution facility in Lubbock , Texas that supplies in excess of 85% of the food and supply requirements of its family dining restaurants, providing it with uniform quality control and the ability to make volume purchases. Furr's Restaurant Group has partnered with a restaurant product development/sales company for which the Company manufactures products this company develops and sells to third party restaurants.

Dynamic Foods has approximately 140 separate food items available under the Dynamic Foods label for distribution to its restaurants and for sale to third parties. Currently, approximately 97% of Dynamic Food's manufacturing output is used at the Company's restaurants and the remainder is sold to third parties.

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