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Market Activity
Stock
MHGU
Company Profile

MHGU
Meritage Hospitality Group, Inc.

Common Stock

11.122

0.00

0.00%

11.00 / 11.15 (830 x 1000)

Real-Time Best Bid & Ask: 05:00pm 09/22/2025

Delayed (15 Min) Trade Data: 12:00am 09/17/2025

Meritage Hospitality Group, Inc.

45 Ottawa Avenue SW

Suite 600

Grand Rapids, MI 49503

www.meritagehospitality.com

+1 6167762600

rschermer@mhgi.net

Business Description

Meritage Hospitality Group is one of the nation's premier franchise operators, with 381 restaurants located across 15 states in the U.S. The Company's has developed a unique operating platform that supports restaurant operations in the QSR and the Breakfast-Brunch restaurant segments. The Company is one of the largest Wendy's restaurant operators in the world. The Company also owns proprietary restaurant brand Morning Belle, a breakfast, brunch concept. Meritage in-house competencies include restaurant accounting, I.T., financing, planning and permitting of land, building and equipment for restaurant construction and renovation. Meritage is headquartered in Grand Rapids, Michigan, operating with ...

Financial Reporting

Reporting Status

Alternative Reporting Standard

Audited Financials

Audited

CIK

0000808219

Fiscal Year End

12/31

Company Officers & Contacts

Robert E. Schermer, Jr.

CEO

Gary Rose

President, COO

Tracey Smith

CFO, Treasurer

Montenae Chinique Reid

Executive Assistant

Dayna Krug

Director of Accounting

Board of Directors

Chris A. Armbruster

John W Inwright

Duane F. Kluting

Independent Director, Audit Committee Member

Dirk Pruis

Independent Director, Audit Committee Member

Other Company Insiders

None

Other Company Insiders are all persons or entities beneficially owning 10% or more of any class of the issuer's securities. Together, officers, directors and other company insiders comprise Company Insiders.

Service Providers

Accounting/Auditing Firm

BDO USA, LLP

200 Ottawa Ave NW

Suite 300

Grand Rapids, MI

Securities Counsel

Keating Muething & Klekamp, LLP

One East Fourth Street, Suite 1400

Cincinnati, OH 45202

Profile Data

Joined OTCQX

03/2007

SIC - Industry Classification

5812 - Eating places

Incorporation Information

MI, US, 1986

Employees

12,000 as of 09/29/2024

Shell

Products and Services

Meritage operates in the quick-service (Wendy's) and casual dining (Morning Belle) restaurant industry segments.

Company Facilities

The Company’s Wendy’s restaurants typically range from 2,200 to 3,600 square feet with seating capacity for approximately 30 to 130 people. Morning Belle is a bright, garden-themed breakfast restaurant that ranges from 2,400 to 3,500 square feet and features between 90 and 140 dining seats.

Company Notes

Formerly=Thomas Edison Inns, Inc. until 5-96