Dave & Buster's, which was taken private in 2006, is looking to go public again.
The S-1 can be found here;
sec.gov
Dave & Buster’s Files to Go Public
on 11 July 2008, 16:03
by Michael Lee
Restaurant and video arcade Dave & Buster’s on Friday filed its intent to go public in a bid to raise as much as $170 million.
Dave & Buster’s, which currently owns and operates 49 locations, is profitable. The popular chain reported net income of $5.01 million on sales of $142.5 million for the quarter ended May 4, according to U.S. Securities and Exchange Commission documents. That compares with an $837,000 loss on $135.46 million in sales in the same quarter a year ago.
Each Dave & Buster’s location features a video arcade, similar to those found in Chuck E. Cheese, except the addition of a full bar, restaurant and pool tables gears the entertainment restaurants toward an older crowd.
The company, in its filing, listed location, property, and training among risk factors, though it may also face rivalry from uWink, a “media bistro” that combines food, drink, and media. uWink was started by Nolan Bushnell, who founded Atari and Chuck E. Cheese.
Dave & Buster’s did not disclose the price of the shares or the number of shares the company plans to offer.
Dave & Buster’s plans to trade under the ticker symbol “DANB.”
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