International Fast Food Corp.

• Public
• US

Dow Jones Description

Our company was incorporated in December 1991 as a Florida corporation to develop franchised Burger King restaurants in the Republic of Poland. In July 1997, we purchased all of the outstanding shares of Krolewska Pizza Sp.zo.o. ("KP") and Pizza King Polska, Sp.zo.o. ("PKP"), which together control the exclusive development rights and franchises of Domino's Pizza stores in Poland. In September 1998, we purchased from a minority shareholder the remaining 15% of the outstanding shares of International Fast Food Polska, Sp.zo.o. ("IFFP"), our Polish subsidiary which operated the Burger King division, for $1.5 million. We have the exclusive right to develop franchised Domino's Pizza stores in the Republic of Poland and we currently operate Domino's Pizza stores. A majority of the Domino's Pizza stores are similar to their respective U.S. versions and are developed to the strict corporate standards set out in the respective development agreements and franchise agreements. Additionally the Company continually evaluates the retention and disposition of its existing operations and investigates possible acquisitions of new businesses in order to maximize shareholder value. At this time, the Company has no material arrangement, commitment or understanding with respect to any such acquisition or disposition.

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Peer Companies

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