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Meritage Hospitality Group Inc. MHGU OTC

Other OTC • Consumer Cyclical • Restaurants • US • USD

SharesGrow Score
28/100
0/5 Pass
SharesGrow Intrinsic Value
N/A
Negative cash flow

Meritage Hospitality Group Inc. (MHGU) is a publicly traded company in the Consumer Cyclical sector, operating within the Restaurants industry. The company is headquartered in Grand Rapids, MI, United States. The current CEO is Robert E. Schermer Jr..

MHGU has IPO date of 1999-09-27, 330 full-time employees, listed on the Other OTC, a market capitalization of $14.35M.

About Meritage Hospitality Group Inc.

Meritage Hospitality Group Inc. operates quick-service and casual dining restaurants. The company operates restaurants under the Wendy's, Morning Belle, Stan's Tacos, Freighters Eatery & Taproom, and Twisted Roosters brand names. As of January 2, 2022, it operated 337 restaurants in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, South Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia. The company was formerly known as Thomas Edison Inns, Inc. and changed its name to Meritage Hospitality Group Inc. in May 1996. Meritage Hospitality Group Inc. was incorporated in 1986 and is headquartered in Grand Rapids, Michigan.

📍 45 Ottawa Avenue SW, Grand Rapids, MI 49503 📞 616 776 2600
Company Details
SectorConsumer Cyclical
IndustryRestaurants
CountryUnited States
ExchangeOther OTC
CurrencyUSD
IPO Date1999-09-27
CEORobert E. Schermer Jr.
Employees330
Trading Info
Current Price$2.15
Market Cap$14.35M
52-Week Range2.07-13.51
Beta0.03
ETFNo
ADRNo
CUSIP59000K309
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