Development
The Royal Canadian Pancake Houses were owned by Royal Canadian Foods Corp, a Delaware corporation. The first outlet opened up in Tribeca in New York City in 1989. It was followed by the opening of a second location in Midtown Manhattan. In November 1993, the founders, Sheldon Golumbia and Beatrice Puja, took it public with a micro public offering of 250, 000 shares of common stock at a sale price of $5.00/share. Subsequently, two more locations were opened up in NYC, in the Upper West Side and in Gramercy. In Miami Beach, Florida, Royal Canadian Foods also opened a Royal Canadian Pancake House and a Womlette House, featuring “womlettes” (an omelet with a waffle base).
In the fall of 1998, Royal Canadian Foods closed up all their outlets.
Read more about this topic: The Royal Canadian Pancake Houses
Famous quotes containing the word development:
“And then ... he flung open the door of my compartment, and ushered in “Ma young and lovely lady!” I muttered to myself with some bitterness. “And this is, of course, the opening scene of Vol. I. She is the Heroine. And I am one of those subordinate characters that only turn up when needed for the development of her destiny, and whose final appearance is outside the church, waiting to greet the Happy Pair!””
—Lewis Carroll [Charles Lutwidge Dodgson] (1832–1898)
“If you complain of people being shot down in the streets, of the absence of communication or social responsibility, of the rise of everyday violence which people have become accustomed to, and the dehumanization of feelings, then the ultimate development on an organized social level is the concentration camp.... The concentration camp is the final expression of human separateness and its ultimate consequence. It is organized abandonment.”
—Arthur Miller (b. 1915)