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RISE - Menu Monitor

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Restaurants Unlimited<br />

Headquarters<br />

1818 N. Northlake Way, Seattle, Washington 98103 USA<br />

Tel: (206)634-3082 Fax: (206)547-4829<br />

www.r-u-i.com<br />

Ownership: Private<br />

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

Chain Brands<br />

Kincaid's Fish, Chop & Steakhouse<br />

Palomino Restaurant Rotisseria Bar<br />

System Characteristics 2006 2005 2004<br />

U.S. Systemwide Sales ($000) 97,000 91,500 139,000<br />

Company-owned ($000) 97,000 91,500 139,000<br />

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

U.S. Number of Units 20 20 30<br />

Company-owned 20 20 30<br />

Franchised - - -<br />

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

International Units - - -<br />

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

Concept Positioning |<br />

Restaurants Unlimited Inc. (RUI) is the privately held, multiconcept operator of more than a dozen casual-dining concepts. Its<br />

two flagship restaurant chains are Kincaid’s Fish, Chop & Steakhouse and Palomino Restaurant Rotisseria & Bar. RUI also<br />

operates a number of single-unit restaurants including Horatio's, Palisade, Scott's, Clinkerdagger, Stanley & Seafort’s, Maggie<br />

Bluff’s, Skates on the Bay, Ryan's Grill, Fondi, Simon & Seafort's and Cutter's Bayhouse. The company operates a total of 20<br />

units in Alaska, Arizona, California, Colorado, Hawaii, Indiana, Pennsylvania, Ohio, Minnesota, North Carolina, Texas, Virginia<br />

and Washington. All locations are company-owned.<br />

The units are freestanding, average 7,000–11,500 sq. ft. and seat 250–370 patrons. RUI's restaurants typically have an<br />

extensive bar and outdoor seating.<br />

Kincaid’s units are freestanding, average 5,400 sq. ft. and offer fresh fish, seafood and certified Nebraska beef. Each unit has<br />

a traditional American dinnerhouse design with deep-toned woods, high ceilings and hand-painted local art.<br />

Palomino units are freestanding, average 4,350 sq. ft. and feature exhibition kitchens, wood-fired grills, ovens and rotisseries.<br />

Décor highlights include marble, high-gloss lacquered woods, glass sculpture light fixtures, and indoor palm and yucca trees.<br />

The menu focuses on regional American cuisine and simple rustic dishes of Europe. Units offer outdoor seating and can<br />

accommodate large parties.<br />

Rich Komen, owner of RUI, started Restaurants Unlimited in 1969 with the opening of The Red Baron, a Seattle steak and<br />

lobster house. In 1989, the company opened the first Palomino. The company also founded the Cinnabon chain. The company<br />

has not announced any major expansion plans.<br />

Personnel |<br />

Steve Stoddard, CEO<br />

Robert Nowlin, CFO<br />

Attila Szabo, COO<br />

Don Adams, V.P. of Development<br />

Don Adams, V.P. of Creative Development<br />

Will Powers, Senior Marketing Director<br />

550<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.

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