| Ticker: CHGO | 26131 Marguerite Parkway, Suite A | |
| Exchange: NASDAQ-Small Cap Market | Mission Viejo, California 92692 | |
| Industry: Retail | (714) 367-8616 |
| Type of Shares: | Common Shares | Filing Date: | 7/10/96 | |
| U.S. Shares: | 1,800,000 | Offer Date: | 10/8/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $5.00 - $6.00 | |
| Primary Shares: | 1,800,000 | Offer Price: | $5.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.46 | |
| Offering Amount: | $9,900,000 | Selling: | $0.27 | |
| Expenses: | $1,083,500 | Reallowance: | $0.10 | |
| Shares Out After: | 6,408,321 |
| Manager | Tier | Phone |
| Boston Group | Lead Manager | (800) 382-3220 |
| Auditor: Coopers & Lybrand | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $6.59 | $8.31 | $3.21 | Assets: | $14.89 |
| Net Income: | -$1.61 | -$1.07 | -$0.80 | Liabilities: | $11.89 |
| EPS: | -$0.55 | -$0.28 | -$0.32 | Equity: | $3.00 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company owns eight restaurants in Southern California and an interest in one restaurant in Lahaina, Maui, each of which are currently operated as either a BJ'S Pizza, Grill & Brewery or a BJ's Pizza & Grill. The company recently acquired 19 additional restaurants in Oregon and Washington which it plans to convert into BJ's restaurants. The company has recently completed a refurbishment program and the expansion of its menu around its core pizza products in its California restaurants. In addition, the company has introduced handcrafted, micro-brewed beers in its California restaurant and has built a micro-brewery in Brea, California. The company plans to refurbish the Northwest restaurants and add its award winning pizza products, some or all of the expanded BJ's menu and handcrafted, micro-brewed beers to the menu offerings at the Northwest restaurants. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to refurbish certain existing restaurants, convert the Northwest Restaurants to BJ's style, repay debts, acquire and/or develop additional restaurants and for working capital. |
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