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Avado Brands, Inc.<br />

Headquarters<br />

150 Hancock St., Madison, Georgia 30650 USA<br />

Tel: (706)342-4552 Fax: (706)342-4057<br />

www.avado.com<br />

Ownership: Public<br />

Segment: Multiple Concepts Varied <strong>Menu</strong><br />

Chain Brands<br />

Don Pablo's<br />

Hops Grillhouse & Brewery<br />

System Characteristics 2006 2005 2004<br />

U.S. Systemwide Sales ($000) 260,500 261,102 300,878<br />

Company-owned ($000) 260,500 261,102 300,878<br />

Franchised ($000) - - -<br />

U.S. Number of Units 117 118 123<br />

Company-owned 117 118 123<br />

Franchised - - -<br />

International Sales ($000) - - -<br />

International Units - - -<br />

Average Sales/Unit ($000) - - -<br />

Concept Positioning |<br />

Avado Brands, Inc. is a public company operating in the casual-dining sector. Its brands include Don Pablo’s, a full-service,<br />

high-quality Tex-Mex chain, and Hops Grillhouse & Brewery, one of the country’s largest full-service brewpub chains. Each<br />

chain runs as a separate division responsible for everything from menu selection to financial results. Between the two<br />

concepts, Avado operates 117 units nationwide, all company-owned.<br />

Don Pablo’s units are freestanding, averaging 2,170 sq. ft. The interior has plants and a fountain, which gives it an outdoorsy<br />

feel. The restaurant has a lunch and dinner menu of typical Tex-Mex items. Hops Grillhouse & Brewery units are freestanding,<br />

averaging 2,300 sq. ft., and offer a relax atmosphere with a display-style kitchen that allows guests to view the cooking<br />

process. The restaurants offer traditional American fare along with an award-winning selection of beers.<br />

Avado Brands dates back to 1986 with its founding as The MRG Company, Inc. by Tom E. DuPree, Jr. In 1988 after a merge<br />

with Sunburst Restaurants, the corporate name became Apple South, Inc. Apple South went public in 1991. Apple South was<br />

at one time the largest Applebee’s franchisee; it sold to Applebee’s Holdings in 1997. It acquired the parent of Don Pablo's in<br />

1995. In 1997, Apple South completed three acquisitions: Hops Bar and Grill, McCormick & Schmick’s and Canyon Cafés. It<br />

sold McCormick & Schmick’s in 2001 and Canyon Café in 2003. In late 2001, a new corporate name, Avado Brands, Inc., was<br />

adopted to better reflect multi-brand identity. Avado Brands filed for Ch. 11 bankruptcy protection in 2004 and emerged in<br />

2005. Avado was able to keep its Don Pablo's and Hops restaurant units open during the company's restructuring period.<br />

Personnel |<br />

Paul Seidman, S.V.P. of Marketing<br />

Paul Seidman, S.V.P. of Purchasing<br />

Paul Seidman, S.V.P. of Research & Development<br />

Rick Barbrick, CEO<br />

Kurt Schnaubelt, CFO<br />

Avado Brands hired Modesto Alcala as president and senior vice president. Previously, Alcala served as chief operating officer<br />

for Buca di Beppo. (NRN Daily NewsFax 2/19/07)<br />

©Technomic Information Services 2007, CIS profiles may not be copied or distributed in any print or electronic format without a license or written consent.<br />

Technomic believes that its sources of information are reliable, but does not assume any responsibility or liability for the accuracy of the information<br />

published.<br />

31

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