About Meritage Hospitality Group

Meritage Hospitality Group Inc. operates quick-service and casual dining restaurants. Wendy’s Operations As of December 30, 2018, the company operated Wendy’s quick-service restaurants. The company’s Wendy’s restaurants are a franchisee of Quality Is Our Recipe, LLC, a subsidiary of The Wendy’s Company. The company operates Wendy’s restaurants in states, which include restaurants in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Mississippi, Missouri, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas, and in Virginia. The company also owns and operates casual dining restaurants in Michigan, through four brands consisting of three Twisted Rooster locations, one Freighters Eatery & Taproom, one Wheelhouse Kitchen 5 & Cocktails, and one Stan Diego Baja Taco Kitchen, which represents the reimage of the company’s previous concept, the Crooked Goose. All casual dining restaurants were launched by the company as its own original concept. Twisted Rooster is a casual dining restaurant with a menu focused on current customer trends. The emphasis is on fresh and local products, including local beers, wines and liquors. Freighters Eatery & Taproom has a come-as-you-are atmosphere that is warm and inviting, with locally-sourced art reflecting elements of the freighters passing by on the St. Clair river. Wheelhouse Kitchen & Cocktails is a contemporary American bistro featuring a twist on classic American bistro fare with seasonal recipes and artisan cocktails. Stan Diego is a Baja Taco Kitchen that reflects the heart of Southern California cuisine with an a-la-carte taco menu and handcrafted margaritas. All casual dining restaurants are committed to locally-sourced, Michigan-made products. Menu Each Wendy’s restaurant offers a menu of food items featuring hamburgers and chicken breast sandwiches, all of which are prepared to order with the customer’s choice of condiments. The Wendy’s menu also includes chili, baked and French fried potatoes, chicken nuggets, freshly prepared salads, soft drinks, ‘Frosty’ desserts and children’s meals. Each Wendy’s restaurant features soft drink products supplied by the Coca Cola Company and its respective affiliates. Seasonality The company’s business is subject to various seasonal fluctuations. Midwest traffic increases during the summer months, resulting in increased revenues during those months. Traffic in the southern states increases during the early spring months, resulting in increased revenues during those months. Casual Dining Operations As of December 30, 2018, the company also owns casual dining restaurants operating under individual concepts throughout Michigan, consisted of three Twisted Rooster locations, one Freighters Eatery & Taproom location, one Wheelhouse Kitchen & Cocktails location, and one Stan Diego Baja Taco Kitchen location. The three Twisted Rooster restaurants located in Grand Rapids, Belleville and Chesterfield are family friendly, and feature menus focused on the utilization of fresh, local ingredients in their recipes, which are made daily from scratch. It also features various local craft beer, wine and liquors. Stan Diego is the company’s newest concept. Its fresh look is designed to resemble a day at the beach with a menu featuring authentic, Southern Californian favorites. The bar program complements the menu with hand crafted margaritas, local beers and bottled cervezas. Freighters Eatery & Taproom in Port Huron, Michigan is connected to a Hilton DoubleTree Hotel, Freighters provides a waterfront dining experience for every guest. The restaurant serves as a culinary destination, situated on the St. Clair River, overlooking the serene Blue Water Bridge with freighters passing by. Freighter’s dine-in, banquet and room service menus all feature locally sourced menu options, as well as various Michigan-sourced libations. Wheelhouse Kitchen & Cocktails, located in downtown Grand Rapids, Michigan, is a multi-faceted concept and is your neighborhood ‘go-to’ for leisure or business. The Twisted Rooster menu features classic American fare with twists at a reasonable price. The menu is guided by fresh, seasonally local ingredients combined with bold flavors for simply twisted results. The Twisted Rooster menu includes locally sourced steaks, signature sandwiches, fresh fish, pasta plates, Twisted Rooster’s signature macaroni and cheese, fresh-cut salads with signature dressings and homemade desserts. Also offered are various alcoholic beverages, including beer, wine and cocktails. The restaurants serve lunch, dinner and special menu items, including seasonal promotions, daily special selections and a special kid’s menu. Twisted Rooster restaurants offer curbside takeout. History The company was incorporated in 1986. It was formerly known as Thomas Edison Inns, Inc. and changed its name to Meritage Hospitality Group Inc. in 1996.

Country
Industry:
Eating places
Founded:
1986
IPO Date:
03/18/1987
ISIN Number:
I_US59000K3095
Address:
45 Ottawa Avenue SW, Suite 600, Grand Rapids, Michigan, 49503, United States
Phone Number
616 776 2600

Key Executives

CEO:
Schermer, Robert
CFO
Smith, Tracey
COO:
Rose, Gary