Great American Food Chain Inc (GAMN)

[Rick026]

Unlike GRILLiT, Great American Food Chain actually has some pretty significant revenues according to their Q filing for the 3 months ended March 31, 2013. Sales were reported as $443,970 while franchise and license fee income was $21,253, numbers which vastly overshadow those of GRLT.

However, looking at what’s on the surface of Great American Food Chain, one would have to imagine that in 2013, websites for corporations on pace to book revenues of nearly $2 million for the year would be better than a $10 drunken mess. While you can get some idea of their business with descriptions of Yumi To Go and Amici Signature Italian, two of the Companies restaurant concepts around the country, you don’t get a vibe that there is much more to GAMN than what’s in front of you.

With GAMN being, for the most part, an IPO-type play today, the attention that eventually gets drawn to the due-to-come Q2 filing and the share structure will likely bring some players into the GAMN arena once the bags from today get dropped off at the recycling center.