Business Summary
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Mexican Restaurants, Inc. operates and franchises full-service, Mexican-theme restaurants featuring various elements associated with the casual dining experience under the names Casa Ole, Monterey’s Little Mexico, Tortuga Coastal Cantina and Crazy Jose’s. It also operates a burrito fast casual concept under the name Mission Burrito. As of December 31, 2009, the Company operates 55 restaurants, franchise 17 restaurants and license one restaurant in various communities across Texas, Louisiana and Oklahoma. The Casa Ole, Monterey and Crazy Jose’s restaurants are designed to appeal to a range of customers, and are located primarily in small and medium-sized communities and in middle-income areas of larger markets. The Tortuga Coastal Cantina and Mission Burrito restaurants, which are also designed to appeal to a range of customers, are located primarily in the Houston market. On April 7, 2009, itsold its La Senorita restaurant chain (consisting of five site locations) located in Michigan.
| | (Source: 10-K)
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