We were formed in April 2000 to develop theDick’s Wings and Grill® restaurant franchise (“Dick’s Wings”), and are the owner, operator and franchisor of the Dick’s Wings brand of restaurants. Our Dick’s Wings franchise is currently comprised of 21 restaurants and three concession stands located in the States of Florida and Georgia. Dick’s Wings offers a variety of boldly-flavored menu items highlighted by our Buffalo, New York-style chicken wings spun in our signature sauces and seasonings. We offer our customers a casual, family-fun restaurant environment designed to appeal to both families and sports fans alike. At Dick’s Wings, we strive to provide our customers with a unique and enjoyable experiencefrom first bite to last call®
Company profile
Website
CEO
Seenu G. Kasturi
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
NiSource • Agilent • InvenTrust Properties • WEX • Illumina • CubeSmart • Farmers & Merchants Bancorp • Dolby Laboratories • B&G Foods • InterDigital ...
Former names
AMERICAN RESTAURANT CONCEPTS INC
SEC CIK
Corporate docs
Subsidiaries
ARC Fat Patty’s, LLC • DWAG Valdosta, LLC • Seediv, LLC • DWAG NAMF LLC • DWAG Franchisor LLC • WH Franchisor LLC • ARC WingHouse LLC ...
IRS number
593649554
Latest filings (excl ownership)
REVOKED
Registration or securities revoked
15 Oct 21
10-12G
Registration of securities
6 Oct 21
REVOKED
Registration or securities revoked
30 Sep 21
10-K
2019 FY
Annual report
30 Aug 21
8-K/A
Completion of Acquisition or Disposition of Assets
2 Aug 21
8-K
Departure of Directors or Certain Officers
30 Jul 21
8-K
Entry into a Material Definitive Agreement
2 Nov 20
8-K
Entry into a Material Definitive Agreement
29 Sep 20
8-K
Changes in Registrant's Certifying Accountant
15 May 20
8-K
Entry into a Material Definitive Agreement
23 Apr 20
Latest ownership filings
Financial summary
Quarter (USD) | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
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Diluted EPS |
Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 3.37 mm | 3.37 mm | 3.37 mm | 3.37 mm | 3.37 mm | 3.37 mm |
Cash burn (monthly) | (no burn) | (no burn) | 332.96 k | 165.49 k | 229.26 k | 86.65 k |
Cash used (since last report) | n/a | n/a | 18.92 mm | 9.40 mm | 13.03 mm | 4.92 mm |
Cash remaining | n/a | n/a | -15.55 mm | -6.03 mm | -9.66 mm | -1.55 mm |
Runway (months of cash) | n/a | n/a | -46.7 | -36.5 | -42.1 | -17.9 |