MHGUMeritage Hospitality Group, Inc.

About Meritage Hospitality Group, Inc. (MHGU)

Meritage Hospitality Group, Inc. (MHGU) is a Restaurants company headquartered in Grand Rapids, MI, United States whose shares trade over-the-counter on the OTCQX tier.

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 approximately 12,000 employees.

Products and services

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

MHGU key facts

Ticker symbol

MHGU

Market tier

OTCQX

Sector

Consumer Cyclical

Industry

Restaurants

Headquarters

Grand Rapids, MI, United States

Country of incorporation

US

Year of incorporation

1986

Employees

12,000

Estimated market cap

$89.82M (as of Apr 11, 2025)

Shares outstanding

6,653,104

Reporting standard

Alternative Reporting Standard

Audit status

Audited

Fiscal year end

12/31

Latest filing

Annual Report (Dec 31, 2024)

Meritage Hospitality Group, Inc. leadership

• Robert E. Schermer, Jr. — CEO
• Gary Rose — President, COO
• Tracey Smith — CFO, Treasurer
• Montenae Chinique Reid — Executive Assistant
• Dayna Krug — Director of Accounting

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