Pizza Inn Revenue and Competitors

Pizza Inn, Inc. is the franchisor and food and supply distributor to a system of restaurants operating under the trade name "Pizza Inn." On September 10, 2003, the Pizza Inn system consisted of 414 units, including two Company-owned and -operated units, a third that the Company is in the process of relocating and 411 franchised units. The Company-operated units are used for product testing and franchisee training, in addition to serving customers. The domestic franchised units are comprised of 224 Buffet units, 57 delivery/carry-out units and 73 Express Serve units. The international franchised units are comprised of 16 buffet units, 30 delivery/carry-out units and 14 Express units. Pizza Inn units are located in 20 states and 10 foreign countries. Domestic units are located predominantly in the southern half of the United States, with Texas, North Carolina and Mississippi accounting for approximately 34%, 15% and 8% of the total, respectively.