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Marie Callender's Restaurant & Bakery<br />

Headquarters<br />

6075 Poplar Ave. Suite 800, Memphis, Tennessee 38119 USA<br />

Tel: (901)766-6400 Fax: (901)766-6482<br />

www.mcpies.com<br />

Ownership: Private<br />

Segment: Full Service Family Style<br />

System Characteristics 2006 2005 2004<br />

U.S. Systemwide Sales ($000) 317,575 326,000 325,000<br />

Company-owned ($000) 216,342 210,000 215,000<br />

Franchised ($000) 101,233 116,000 110,000<br />

U.S. Number of Units 137 146 144<br />

Company-owned 92 92 94<br />

Franchised 45 54 50<br />

International Sales ($000) 1,321 - 1,000<br />

International Units 1 - 1<br />

Average Sales/Unit ($000) 2,300 2,250 2,262<br />

Concept Positioning |<br />

Marie Callender’s Restaurant & Bakery, a full-service, family-style operation, is owned by Perkins & Marie Callender’s, Inc.<br />

The company operates 139 Marie Callender’s restaurants in the U.S. and one in Mexico. Currently, 45 Marie Callender’s units<br />

are franchised.<br />

Most restaurants are freestanding, with an English country look. Units average 8,500 sq. ft., with seating for 175 patrons in the<br />

dining area and another 55 in the cocktail lounge. Most restaurants feature seven different dining areas with a large circular<br />

salad bar in the middle Units also offer pies, cookies, cornbread, muffins, rolls and croissants through its retail bakery area. A<br />

smaller prototype (approximately 6,500 sq. ft.) with the add-on option of full liquor service is used for expansion into smaller<br />

markets such as college campuses and mall food courts.<br />

Marie Callender’s was founded in 1964 in Orange, CA, by Don Callender. Its flagship restaurant, Marie Callender’s Restaurant<br />

& Bakery, was named after his mother and pie-maker, Marie Callender. The chain was acquired in 1996 by Ramada Inns, Inc.<br />

and sold in 1989 to Wilshire Restaurant Group, an investor organization. In 1993, Wilshire sold an 80% equity stake to<br />

Saunders & Karp for debt recapitalization. In 1999, Wilshire’s holdings, including Marie Callender's Restaurant & Bakery, were<br />

acquired by Castle Harlan Partners, a merchant banker, for some $150 million. In 2006, Perkins Restaurant & Bakery<br />

completed an acquisition of Marie Callendar's. Both Perkins and Marie Callender's units are owned and operated by Perkins &<br />

Marie Callender's Inc., a portfolio company of Castle Harlan.<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 />

398

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