Einstein Bros 2008 Annual Report Download - page 15

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Form 10-K
http://www.sec.gov/Archives/edgar/data/949373/000119312509042707/d10k.htm[9/11/2014 10:10:56 AM]
the comfortable setting of a neighborhood meeting place.
Information with respect to our headquarters, production and commissary facilities is presented below:
Location Facility
Square
Feet
Lease
Expiration
Lakewood, Colorado Headquarters, Support Center, Test Kitchen 44,574 5/31/2017
Whittier, California Production Facility and USDA Approved Commissary 54,640 11/30/2013
Walnut Creek, California Administration Office-Noah’ s 1,672 3/31/2013
Carrolton, Texas USDA Approved Commissary 26,820 7/31/2011
Orlando, Florida USDA Approved Commissary 7,422 10/31/2010
Denver, Colorado USDA Approved Commissary 9,200 10/14/2013
Grove City, Ohio USDA Approved Commissary 20,644 8/31/2012
17
Table of Contents
Our Current Restaurants
As of December 30, 2008, we owned and operated, franchised or licensed 649 restaurants. Our current base of company-owned restaurants
under our core brands includes 347 Einstein Bros. restaurants, 77 Noah’ s restaurants and one Manhattan Bagel restaurant. Also, we franchise 69
Manhattan Bagel restaurants and two Einstein Bros. restaurants, and license 147 Einstein Bros. restaurants and five Noah’ s restaurants. In addition,
we have one restaurant which we own and operate under a non-core brand.
The following table details our restaurant openings and closings for each respective fiscal year:
52 weeks ended January 1, 2008 52 weeks ended December 30, 2008
Company
Owned Franchised Licensed* Total
Company
Owned Franchised Licensed * Total
Einstein Bros.
Beginning balance 341 — 93 434 337 — 121 458
Opened restaurants 8 — 31 39 16 2 30 48
Closed restaurants (12) — (3) (15) (6) — (4) (10)
Ending balance 337 — 121 458 347 2 147 496
Noah’s
Beginning balance 73 — 3 76 77 — 3 80
Opened restaurants 4 — — 4 1 — 2 3
Closed restaurants — — — — (1) — — (1)
Ending balance 77 — 3 80 77 — 5 82
Manhattan Bagel
Beginning balance — 80 — 80 1 69 — 70
Opened restaurants 1 2 — 3 — — — —
Closed restaurants — (13) — (13) — — — —
Ending balance 1 69 — 70 1 69 — 70
Non-Core Brands
Beginning balance 2 6 — 8 1 3 — 4
Opened restaurants — — — — — — — —
Closed restaurants (1) (3) — (4) — (3) — (3)
Ending balance 1 3 — 4 1 — — 1
Consolidated Total
Total beginning balance 416 86 96 598 416 72 124 612
Opened restaurants 13 2 31 46 17 2 32 51
Closed restaurants (13) (16) (3) (32) (7) (3) (4) (14)
Total ending balance 416 72 124 612 426 71 152 649
*We use franchise agreements to contract with qualified disadvantaged business enterprises, non-profit and other entities, either as licensees,
fractional franchisees, or franchisees under a traditional franchise agreement, who do not meet the fractional franchise exemption to open