TRADITIONAL ELEGANCE.OWNER OF SUNSET STRIP The Sunset Strip is the name given to the mile and a half stretch of Sunset Boulevard that passes through West Hollywood, California. It extends from West Hollywood's east border with Hollywood at Marmont Lane to its west border with Beverly Hills at Phyllis street. THAI RESTAURANT BRINGING UPSCALE CONCEPT TO MORE AFFORDABLE LEVEL WITH NEW CAFE CHAIN LIKE many businessmen, Prakas Yenbamroong had a dream. It just took him a few years to set it in motion. The Thai native came to this country as a young man in the 1970s to get his MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration at Cornell University Cornell University, mainly at Ithaca, N.Y.; with land-grant, state, and private support; coeducational; chartered 1865, opened 1868. It was named for Ezra Cornell, who donated $500,000 and a tract of land. With the help of state senator Andrew D. . With degree in hand, the newly minted banker worked for the company that had sponsored his studies, Thai Farmers Bank, for four years, first in London and then in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. . Yenbamroong, a compact man given to fashionable black suits and tiny black wire-rim glasses, often wined and dined important clients at upscale restaurants around town, but he never found a Thai eatery as elegant as the ones in his native country. So the young banker changed that. Seventeen years ago he started Talesai, an upscale Thai restaurant in the heart of the Sunset Strip. Ever since, he has been a successful restaurateur res·tau·ra·teur also res·tau·ran·teur n. The manager or owner of a restaurant. [French, from restaurer, to restore; see restaurant. . Now the 51-year-old businessman is launching a chain of Thai cafes in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . Located in mini-malls, they are designed to be smaller, more affordable versions of his flagship restaurant. His first Cafe Talesai opened in. Beverly Hills Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. in August. The next is scheduled to open in Orange County next fall. Family approach Yenbamroong never thought he would become a restaurant owner restaurant owner n → dueño/a or propietario/a de un restaurante . "Otherwise I would have gone to culinary management school," he noted one day, sitting inside his shiny, brand new cafe at 9198 Olympic Blvd. But the lure to fill a gaping hole in L.A.'s restaurant scene was too much. When the banker decided to open his first Thai restaurant, he knew nothing about the business. But he knew exactly whom he would hire as his executive chef: his mother. "I knew I could rely on Mom," the Thai native said. His mother, Vilai, has long been a creative chef whose father was Chinese and whose mother was Thai. Her blend of Asian cuisines had been served to family members for decades, but she had never worked in a restaurant. Yenbamroong telephoned his mother in Bangkok. Would she take the job? Before she knew it, she was on a plane headed for L.A. With $120,000 in family funds and a loan from Bangkok Bank Bangkok Bank Public Company Limited, is a Thai commercial bank, with approximately US$43 billion in total assets. Its branch network includes over 700 branches within Thailand and 21 branches overseas. Bangkok Bank was established in 1944. , Thai Farmers Bank's competitor, the businessman, his wife, Sumitra, and his mother opened Talesai, a 60-seat restaurant whose name in Thai means desert. The chic Thai eatery surrounded by nightclubs was frequented by a slew of movie stars, including Harrison Ford, Brooke Shields Brooke Christa Camille Shields[1] (born May 31, 1965) is an American actress and supermodel. Biography Career Shields' career as a model began in the late 1960s as an infant, and she continued as a successful child model throughout the 1970s. , Sting, Martin Scorcese and Mel Brooks, all of whom had heard about the restaurant from other friends. "They deserve the success they got," said Merrill Shindler, an L.A. editor of the Zagat Survey Zagat Survey (pronounced za-GAT)[1] was established by Tim and Nina Zagat in 1979 as a way to collect and correlate the ratings of restaurants by diners. For their first guide, covering New York City, the Zagats surveyed their friends. , a local restaurant review guide. "They did it in a slightly different way that made them unique." That was in 1983, and the Yenbamroong family finally is on an expansion spree. Cafe debut With $350,000, they opened the Beverly Hills cafe in a new mini-mall near Doheny Drive. With its tall, curved windows, it is a stylish steel-and-glass structure that encompasses a 500-square-foot dining room that accommodates up to 50 diners. The metal tables are covered with white linen tablecloths. The walls have contemporary art hanging on them. Images of Buddha, perched on shelves, watch over customers. The cafe menu is slightly different. from the main restaurant's offerings. First, the cafe prices are lower. The average check at Cafe Talesai is $15 per person. At the more elegant Talesai restaurant, the average check is $50. The Yenbamroongs' plan is to open a string of cafes from San Diego to Silicon Valley and then expand into other states. Prakas' mother remains the executive chef. "We want to create great Thai food in the New World," said Prakas, who developed his cafe idea last year after attending a UCLA UCLA University of California at Los Angeles UCLA University Center for Learning Assistance (Illinois State University) UCLA University of Carrollton, TX and Lower Addison, TX seminar on fast-growing food trends. The Thai businessman learned there was money to be made in "Home Meal Replacements," which are affordable restaurant meals that can be delivered, served at a restaurant or ordered as take out. In addition to the cafes, Yenbamroong wants to start a catering service that specializes in corporate lunches and meetings. That is why he placed his first cafe between Century City and Beverly Hills. He also is working on a boxed meal similar to the "Bento A data structure used to store embedded documents in an OpenDoc compound document. Bento, which stands for lunch box in Japanese, provides a "container" to hold the data and a format for defining its contents. Box" concept popular in Japan. He envisions people buying boxed food to take to the Hollywood Bowl, on plane trips, for work and picnics or business gatherings.
Spotlight
Talesai
Year Founded: 1983
Core Business: Thai restaurant
Revenue in 1996: $700,000
Revenue in 2000: $1.1 million
Revenue in 2001: $2.5 million (projected)
Employees in 1999: 18
Employees in 2001: 32
Goal: Open a chain of cafe-style restaurants from
San Diego to Silicon Valley
Driving Force: The need for busy people to eat
out at affordable cafes that serve Thai food
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