Snapshot 12/04
Michael and Meredith Wickliffe, 40 and 38, founders of Wick's Pizza Parlor and Pub in Louisville, Kentucky
Description:
full-service restaurant, offering pizzas, sandwiches and salads,
and featuring live entertainment
Startup:
$10,000 in 1991
2004 estimated
sales: approximately $7 million
Content Continues Below
Pocket sales:
Eat pizza, drink beer, enjoy live entertainment all on a $10
budget—and have money left over to tip the bartender.
That's the kind of bargain that Michael and Meredith Wickliffe
wanted to offer their customers when Michael decided to stop
working at his friend's pizza place and start Wick's Pizza Parlor
and Pub. Now, even with their entertainment expenses mounting
to $75,000 per year, they still hold strong to their original
goal—offering live bands without charging cover at each of
their four locations.
Good karma: It
takes 200 to 250 employees to keep the beer flowing and the Big
Wick—their infamous 10-pound pizza—baking. With no
children of their own, the Wickliffes treat their employees like
family. They go to great lengths to ensure the well-being of their
staff members, even lending one employee $2,000 to save her
dog's life. About 20 percent of the employees have been with
the company five years or longer, including the first bartender
hired nine years ago. "We're pretty firm believers in
karma," explains Meredith. "If you treat people like you
want to be treated, it will come back to you."
Sobering
success: While Wick's is celebrating 13 years in
business, Michael rejoices in 10 years of sobriety. An alcoholic
from the age of 17, Michael stopped drinking when he was on the
brink of losing everything. Thanks to family intervention and
Michael's determination, Wick's stands strong and was even
honored as the 2004 Independent of the Year by Pizza Today,
the leading pizza-industry magazine. "Michael created
Wick's, but Wick's saved Michael," says Meredith.
"It gave him a purpose."