Can we begin with an overview and summary of Total Entertainment Restaurant Corp.?
Mr. Johnson: Total Entertainment is currently a restaurant/entertainment concept that is about five years old. We went public back in July 1997. We currently have 40 locations throughout the United States, and we’ve got another seven leases executed and in some stage of development. We should end the year with 45-47 open locations. We’re a fairly large facility. Our average unit is 9,000 to 10,000 square feet. We incorporate a three room concept that allows us to execute what we call the ‘five legs’ of our business. We’re a social gathering spot which accommodates a healthy happy hour business which caters to the young business professional. We are also a restaurant that competes in the mid-priced casual theme sector. Our menu has a wide variety of appetizers, sandwiches, burgers, entrees and deserts. In addition we’re a sports viewing facility. We have typically 30-40 televisions, many of them big screens, so we do appeal to those sports enthusiasts who are out to watch their local te
