SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D/A
                               Amendment Number 1

                    Under the Securities Exchange Act of 1934
                                (Amendment No. )

                            ELMER'S RESTAURANTS, INC
--------------------------------------------------------------------------------
                                (Name of Issuer)

                                  COMMON STOCK
--------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                     289393
--------------------------------------------------------------------------------
                                 (CUSIP Number)


                           JEFFREY C. WOLFSTONE, ESQ.
                            GREGORY L. ANDERSON, ESQ.
                         LANE POWELL SPEARS LUBERSKY LLP
                       601 S.W. SECOND AVENUE, SUITE 2100
                           PORTLAND, OREGON 97204-3158
                                 (503) 778-2100
--------------------------------------------------------------------------------
                  (Name, Address and Telephone Number of Person
                Authorized to Receive Notices and Communications)

                                 AUGUST 5, 2004
--------------------------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)


         If the filing person has  previously  filed a statement on Schedule 13G
to report the  acquisition  which is the subject of this  Schedule  13D,  and is
filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box
|_|.

         The information  required on the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise  subject to the  liabilities of that section of
the Act but shall be subject to all other  provisions of the Act  (however,  see
the Notes).

                         (continued on following pages)












--------------------------------------------------------------------------------
CUSIP No. 289393                          13D                Page 2 of 31 Pages
--------------------------------------------------------------------------------
    1       NAME OF REPORTING PERSON
                Linda Ellis-Bolton

            I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
                N/A
----------- --------------------------------------------------------------------
    2       CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP        (a) |X| (b) |_|
----------- --------------------------------------------------------------------
    3       SEC USE ONLY
----------- --------------------------------------------------------------------
    4       SOURCE OF FUNDS                                                 OO
----------- --------------------------------------------------------------------
    5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
            ITEMS 2(d) OR 2(e)                                              |_|
----------- --------------------------------------------------------------------
    6       CITIZENSHIP OR PLACE OF ORGANIZATION
                United States of America
--------------------------------------------------------------------------------
     NUMBER OF             7      SOLE VOTING POWER
SHARES BENEFICIALLY
   OWNED BY EACH                           -84,847- shares
  REPORTING PERSON
        WITH           ---------- ----------------------------------------------
                           8      SHARED VOTING POWER

                                           -0- shares
                       ---------- ----------------------------------------------
                           9      SOLE DISPOSITIVE POWER

                                           -84,847- shares
                       ---------- ----------------------------------------------
                          10      SHARED DISPOSITIVE POWER

                                           -0- shares
----------- --------------------------------------------------------------------
    11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
            REPORTING PERSON                                             84,847
----------- --------------------------------------------------------------------
    12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
            CERTAIN SHARES                                                  |_|
----------- --------------------------------------------------------------------

----------- --------------------------------------------------------------------
    13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11               4.6%
----------- --------------------------------------------------------------------
    14      TYPE OF REPORTING PERSON                                        IN
----------- --------------------------------------------------------------------









                                       2

--------------------------------------------------------------------------------
CUSIP No. 289393                          13D                Page 3 of 31 Pages
--------------------------------------------------------------------------------
    1       NAME OF REPORTING PERSON
                Karen Brooks

            I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
                N/A
----------- --------------------------------------------------------------------
    2       CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP        (a) |X| (b) |_|
----------- --------------------------------------------------------------------
    3       SEC USE ONLY
----------- --------------------------------------------------------------------
    4       SOURCE OF FUNDS                                                 OO
----------- --------------------------------------------------------------------
    5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
            ITEMS 2(d) OR 2(e)                                              |_|
----------- --------------------------------------------------------------------
    6       CITIZENSHIP OR PLACE OF ORGANIZATION
                United States of America
--------------------------------------------------------------------------------
     NUMBER OF             7      SOLE VOTING POWER
SHARES BENEFICIALLY
   OWNED BY EACH                           -94,183- shares
  REPORTING PERSON
        WITH           ---------- ----------------------------------------------
                           8      SHARED VOTING POWER

                                           -0- shares
                       ---------- ----------------------------------------------
                           9      SOLE DISPOSITIVE POWER

                                           -94,183- shares
                       ---------- ----------------------------------------------
                          10      SHARED DISPOSITIVE POWER

                                           -0- shares
----------- --------------------------------------------------------------------
    11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
            REPORTING PERSON                                             94,183
----------- --------------------------------------------------------------------
    12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
            CERTAIN SHARES                                                  |_|
----------- --------------------------------------------------------------------
    13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11               5.2%
----------- --------------------------------------------------------------------
    14      TYPE OF REPORTING PERSON                                        IN
----------- --------------------------------------------------------------------











                                       3

--------------------------------------------------------------------------------
CUSIP No. 289393                          13D                Page 4 of 31 Pages
--------------------------------------------------------------------------------
    1       NAME OF REPORTING PERSON
                Richard P. Buckley

            I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
                N/A
----------- --------------------------------------------------------------------
    2       CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP        (a) |X| (b) |_|
----------- --------------------------------------------------------------------
    3       SEC USE ONLY
----------- --------------------------------------------------------------------
    4       SOURCE OF FUNDS                                                  OO
----------- --------------------------------------------------------------------
    5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
            ITEMS 2(d) OR 2(e)                                              |_|
----------- --------------------------------------------------------------------
    6       CITIZENSHIP OR PLACE OF ORGANIZATION
                United States of America
--------------------------------------------------------------------------------
     NUMBER OF             7      SOLE VOTING POWER
SHARES BENEFICIALLY
   OWNED BY EACH                           -84,278- shares
  REPORTING PERSON
        WITH
                       ---------- ----------------------------------------------
                           8      SHARED VOTING POWER

                                           -0- shares
                       ---------- ----------------------------------------------
                           9      SOLE DISPOSITIVE POWER

                                           -84,278- shares
                       ---------- ----------------------------------------------
                          10      SHARED DISPOSITIVE POWER

                                           -0- shares
----------- --------------------------------------------------------------------
    11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
            REPORTING PERSON                                             84,278
----------- --------------------------------------------------------------------
    12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
            CERTAIN SHARES                                                  |_|
----------- --------------------------------------------------------------------
    13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11               4.6%
----------- --------------------------------------------------------------------
    14      TYPE OF REPORTING PERSON                                         IN
----------- --------------------------------------------------------------------










                                       4

----------------------------------------------------------- --------------------
CUSIP No. 289393                          13D                Page 5 of 31 Pages
--------------------------------------------------------------------------------
    1       NAME OF REPORTING PERSON
                Thomas C. Connor

            I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
                N/A
----------- --------------------------------------------------------------------
    2       CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP        (a) |X| (b) |_|
----------- --------------------------------------------------------------------
    3       SEC USE ONLY
----------- --------------------------------------------------------------------
    4       SOURCE OF FUNDS                                                  OO
----------- --------------------------------------------------------------------
    5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
            ITEMS 2(d) OR 2(e)                                              |_|
----------- --------------------------------------------------------------------
    6       CITIZENSHIP OR PLACE OF ORGANIZATION
                United States of America
--------------------------------------------------------------------------------
     NUMBER OF             7      SOLE VOTING POWER
SHARES BENEFICIALLY
   OWNED BY EACH                           -16,476- shares
  REPORTING PERSON
        WITH           ---------- ----------------------------------------------
                           8      SHARED VOTING POWER

                                           -78,423*- shares
                       ---------- ----------------------------------------------
                           9      SOLE DISPOSITIVE POWER

                                           -16,476- shares
                       ---------- ----------------------------------------------
                          10      SHARED DISPOSITIVE POWER

                                           -78,423*- shares
----------- --------------------------------------------------------------------
    11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
            REPORTING PERSON                                            94,899
----------- --------------------------------------------------------------------
    12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
            CERTAIN SHARES                                              |_|
----------- --------------------------------------------------------------------
    13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11            5.1%
----------- --------------------------------------------------------------------
    14      TYPE OF REPORTING PERSON                                    IN
----------- --------------------------------------------------------------------
         *All of such  shares are held by Franklin  Holdings,  LLC, an entity in
which Mr. Connor is a 25% beneficial owner.

                                       5

--------------------------------------------------------------------------------
   CUSIP No. 289393                   13D                     Page 6 of 31 Pages
--------------------------------------------------------------------------------
    1       NAME OF REPORTING PERSON
                David D. Connor

            I.R.S.   IDENTIFICATION NO. OF ABOVE PERSON N/A

----------- --------------------------------------------------------------------
    2       CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP        (a) |X| (b) |_|
----------- --------------------------------------------------------------------
    3       SEC USE ONLY
----------- --------------------------------------------------------------------
    4       SOURCE OF FUNDS                                                  OO
----------- --------------------------------------------------------------------
    5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
            ITEMS 2(d) OR 2(e)                                              |_|

----------- --------------------------------------------------------------------
    6       CITIZENSHIP OR PLACE OF ORGANIZATION
                United States of America
--------------------------------------------------------------------------------
     NUMBER OF             7      SOLE VOTING POWER
SHARES BENEFICIALLY
   OWNED BY EACH                           -0- shares
  REPORTING PERSON
        WITH
                       ---------- ----------------------------------------------
                           8      SHARED VOTING POWER

                                           -78,423*- shares
                       ---------- ----------------------------------------------
                           9      SOLE DISPOSITIVE POWER

                                           -0- shares
                       ---------- ----------------------------------------------
                          10      SHARED DISPOSITIVE POWER

                                           -78,423*- shares
----------- --------------------------------------------------------------------
    11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
            REPORTING PERSON                                            78,423
----------- --------------------------------------------------------------------
    12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
            CERTAIN SHARES                                              |_|
----------- --------------------------------------------------------------------
    13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11            4.3%
----------- --------------------------------------------------------------------
    14      TYPE OF REPORTING PERSON                                    IN
----------- --------------------------------------------------------------------
         *All of such  shares are held by Franklin  Holdings,  LLC, an entity in
which Mr. Connor is a 25% beneficial owner.

                                       6

--------------------------------------------------------------------------------
   CUSIP No. 289393                   13D                     Page 7 of 31 Pages
--------------------------------------------------------------------------------
    1       NAME OF REPORTING PERSON
                Bruce N. Davis

            I.R.S.   IDENTIFICATION NO. OF ABOVE PERSON N/A

----------- --------------------------------------------------------------------
    2       CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP         (a) |X| (b) |_|
----------- --------------------------------------------------------------------
    3       SEC USE ONLY
----------- --------------------------------------------------------------------
    4       SOURCE OF FUNDS                                             OO
----------- --------------------------------------------------------------------
    5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
            ITEMS 2(d) OR 2(e)                                          |_|

----------- --------------------------------------------------------------------
    6       CITIZENSHIP OR PLACE OF ORGANIZATION
                United States of America
--------------------------------------------------------------------------------
     NUMBER OF             7      SOLE VOTING POWER
SHARES BENEFICIALLY
   OWNED BY EACH                           -145,603- shares
  REPORTING PERSON
        WITH
                       ---------- ----------------------------------------------
                           8      SHARED VOTING POWER

                                           -0- shares
                       ---------- ----------------------------------------------
                           9      SOLE DISPOSITIVE POWER

                                           -145,603- shares
                       ---------- ----------------------------------------------
                          10      SHARED DISPOSITIVE POWER

                                           -0- shares
----------- --------------------------------------------------------------------
    11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
            REPORTING PERSON                                            145,603
----------- --------------------------------------------------------------------
    12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
            CERTAIN SHARES                                              |_|
----------- --------------------------------------------------------------------
    13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11            7.6%
----------- --------------------------------------------------------------------
    14      TYPE OF REPORTING PERSON                                    IN
----------- --------------------------------------------------------------------


                                       7

--------------------------------------------------------------------------------
   CUSIP No. 289393                   13D                     Page 8 of 31 Pages
--------------------------------------------------------------------------------
    1       NAME OF REPORTING PERSON
                Franklin Holdings, LLC

            I.R.S.   IDENTIFICATION NO. OF ABOVE PERSON

----------- --------------------------------------------------------------------
    2       CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP        (a) |X| (b) |_|
----------- --------------------------------------------------------------------
    3       SEC USE ONLY
----------- --------------------------------------------------------------------
    4       SOURCE OF FUNDS                                             OO
----------- --------------------------------------------------------------------
    5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
            ITEMS 2(d) OR 2(e)            |_|
----------- --------------------------------------------------------------------
    6       CITIZENSHIP OR PLACE OF ORGANIZATION
                Oregon Limited Liability Company
--------------------------------------------------------------------------------
     NUMBER OF             7      SOLE VOTING POWER
SHARES BENEFICIALLY
   OWNED BY EACH                           -313,692- shares
  REPORTING PERSON
        WITH
                       ---------- ----------------------------------------------
                           8      SHARED VOTING POWER

                                           -0- shares
                       ---------- ----------------------------------------------
                           9      SOLE DISPOSITIVE POWER

                                           -313,692- shares
                       ---------- ----------------------------------------------
                          10      SHARED DISPOSITIVE POWER

                                           -0- shares
----------- --------------------------------------------------------------------
    11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
            REPORTING PERSON                                            313,692
----------- --------------------------------------------------------------------
    12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
            CERTAIN SHARES                                              |_|
----------- --------------------------------------------------------------------
    13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11            17.2%
----------- --------------------------------------------------------------------
    14      TYPE OF REPORTING PERSON              OO (limited liability company)
----------- --------------------------------------------------------------------


                                       8

--------------------------------------------------------------------------------
   CUSIP No. 289393                   13D                     Page 9 of 31 Pages
--------------------------------------------------------------------------------
    1       NAME OF REPORTING PERSON
                     Corydon H. Jensen, Jr.

            I.R.S.   IDENTIFICATION NO. OF ABOVE PERSON N/A

----------- --------------------------------------------------------------------
    2       CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP         (a) |X| (b) |_|
----------- --------------------------------------------------------------------
    3       SEC USE ONLY
----------- --------------------------------------------------------------------
    4       SOURCE OF FUNDS                                             OO
----------- --------------------------------------------------------------------
    5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
            ITEMS 2(d) OR 2(e)                                          |_|
----------- --------------------------------------------------------------------
    6       CITIZENSHIP OR PLACE OF ORGANIZATION
                     United States of America
--------------------------------------------------------------------------------
     NUMBER OF             7      SOLE VOTING POWER
SHARES BENEFICIALLY
   OWNED BY EACH                           -101,323- shares
  REPORTING PERSON
        WITH
                       ---------- ----------------------------------------------
                           8      SHARED VOTING POWER

                                           -0- shares
                       ---------- ----------------------------------------------
                           9      SOLE DISPOSITIVE POWER

                                           -101,323- shares
                       ---------- ----------------------------------------------
                          10      SHARED DISPOSITIVE POWER

                                            -0- shares
----------- --------------------------------------------------------------------
    11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
            REPORTING PERSON                                            101,323
----------- --------------------------------------------------------------------
    12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
            CERTAIN SHARES                                              |_|
----------- --------------------------------------------------------------------
    13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11            5.5%
----------- --------------------------------------------------------------------
    14      TYPE OF REPORTING PERSON                                    IN
----------- --------------------------------------------------------------------


                                       9

--------------------------------------------------------------------------------
   CUSIP No. 289393                   13D                    Page 10 of 31 Pages
--------------------------------------------------------------------------------
    1       NAME OF REPORTING PERSON
                Douglas A. Lee

            I.R.S.   IDENTIFICATION NO. OF ABOVE PERSON N/A

----------- --------------------------------------------------------------------
    2       CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP         (a) |X| (b) |_|
----------- --------------------------------------------------------------------
    3       SEC USE ONLY
----------- --------------------------------------------------------------------
    4       SOURCE OF FUNDS                                             OO
----------- --------------------------------------------------------------------
    5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
            ITEMS 2(d) OR 2(e)                                          |_|

----------- --------------------------------------------------------------------
    6       CITIZENSHIP OR PLACE OF ORGANIZATION
                     United States of America
--------------------------------------------------------------------------------
     NUMBER OF             7      SOLE VOTING POWER
SHARES BENEFICIALLY
   OWNED BY EACH                           -0- shares
  REPORTING PERSON
        WITH
                       ---------- ----------------------------------------------
                           8      SHARED VOTING POWER

                                           -31,369*- shares
                       ---------- ----------------------------------------------
                           9      SOLE DISPOSITIVE POWER

                                           -0- shares
                       ---------- ----------------------------------------------
                          10      SHARED DISPOSITIVE POWER

                                           -31,369*- shares
----------- --------------------------------------------------------------------
    11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
            REPORTING PERSON                                            31,369
----------- --------------------------------------------------------------------
    12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
            CERTAIN SHARES                                              |_|
----------- --------------------------------------------------------------------
    13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11            1.7%
----------- --------------------------------------------------------------------
    14      TYPE OF REPORTING PERSON                                    IN
----------- --------------------------------------------------------------------
         *All of such  shares are held by Franklin  Holdings,  LLC, an entity in
which Mr. Douglas is a 10% beneficial owner.

                                       10

--------------------------------------------------------------------------------
   CUSIP No. 289393                   13D                    Page 11 of 31 Pages
--------------------------------------------------------------------------------
    1       NAME OF REPORTING PERSON
                David Mann

            I.R.S.   IDENTIFICATION NO. OF ABOVE PERSON N/A

----------- --------------------------------------------------------------------
    2       CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP         (a) |X| (b) |_|
----------- --------------------------------------------------------------------
    3       SEC USE ONLY
----------- --------------------------------------------------------------------
    4       SOURCE OF FUNDS                                             OO
----------- --------------------------------------------------------------------
    5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
            ITEMS 2(d) OR 2(e)                                          |_|
----------- --------------------------------------------------------------------
    6       CITIZENSHIP OR PLACE OF ORGANIZATION
                United States of America
--------------------------------------------------------------------------------
     NUMBER OF             7      SOLE VOTING POWER
SHARES BENEFICIALLY
   OWNED BY EACH                           -89,062- shares
  REPORTING PERSON
        WITH
                       ---------- ----------------------------------------------
                           8      SHARED VOTING POWER

                                           -0- shares
                       ---------- ----------------------------------------------
                           9      SOLE DISPOSITIVE POWER

                                           -89,062- shares
                       ---------- ----------------------------------------------
                          10      SHARED DISPOSITIVE POWER

                                           -0- shares
----------- --------------------------------------------------------------------
    11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
            REPORTING PERSON                                            89,062
----------- --------------------------------------------------------------------
    12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
            CERTAIN SHARES                                              |_|
----------- --------------------------------------------------------------------
    13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11            4.9%
----------- --------------------------------------------------------------------
    14      TYPE OF REPORTING PERSON                                    IN
----------- --------------------------------------------------------------------


                                       11

--------------------------------------------------------------------------------
   CUSIP No. 289393                   13D                    Page 12 of 31 Pages
--------------------------------------------------------------------------------

    1       NAME OF REPORTING PERSON
                Sheila J. Schwartz

            I.R.S.   IDENTIFICATION NO. OF ABOVE PERSON N/A
----------- --------------------------------------------------------------------
    2       CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP         (a) |X| (b) |_|
----------- --------------------------------------------------------------------
    3       SEC USE ONLY
----------- --------------------------------------------------------------------
    4       SOURCE OF FUNDS                                             OO
----------- --------------------------------------------------------------------
    5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
            ITEMS 2(d) OR 2(e)                                          |_|
----------- --------------------------------------------------------------------
    6       CITIZENSHIP OR PLACE OF ORGANIZATION
                     United States of America
--------------------------------------------------------------------------------
     NUMBER OF             7      SOLE VOTING POWER
SHARES BENEFICIALLY
   OWNED BY EACH                           -84,847- shares
  REPORTING PERSON
        WITH
                       ---------- ----------------------------------------------
                           8      SHARED VOTING POWER

                                           -0- shares
                       ---------- ----------------------------------------------
                           9      SOLE DISPOSITIVE POWER

                                           -84,847- shares
                       ---------- ----------------------------------------------
                          10      SHARED DISPOSITIVE POWER

                                           -0- shares
----------- --------------------------------------------------------------------
    11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
            REPORTING PERSON                                            84,847
----------- --------------------------------------------------------------------
    12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
            CERTAIN SHARES                                              |_|
----------- --------------------------------------------------------------------
    13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11            4.6%
----------- --------------------------------------------------------------------
    14      TYPE OF REPORTING PERSON                                    IN
----------- --------------------------------------------------------------------


                                       12

--------------------------------------------------------------------------------
   CUSIP No. 289393                   13D                    Page 13 of 31 Pages
--------------------------------------------------------------------------------

    1       NAME OF REPORTING PERSON
                Gerald A. Scott

            I.R.S.   IDENTIFICATION NO. OF ABOVE PERSON N/A
----------- --------------------------------------------------------------------
    2       CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP         (a) |X| (b) |_|
----------- --------------------------------------------------------------------
    3       SEC USE ONLY
----------- --------------------------------------------------------------------
    4       SOURCE OF FUNDS                                             OO
----------- --------------------------------------------------------------------
    5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
            ITEMS 2(d) OR 2(e)                                          |_|
----------- --------------------------------------------------------------------
    6       CITIZENSHIP OR PLACE OF ORGANIZATION
                     United States of America
--------------------------------------------------------------------------------
     NUMBER OF             7      SOLE VOTING POWER
SHARES BENEFICIALLY
   OWNED BY EACH                           -40,804- shares
  REPORTING PERSON
        WITH
                       ---------- ----------------------------------------------
                           8      SHARED VOTING POWER

                                           -0- shares
                       ---------- ----------------------------------------------
                           9      SOLE DISPOSITIVE POWER

                                           -40,804- shares
                       ---------- ----------------------------------------------
                          10      SHARED DISPOSITIVE POWER

                                           -0- shares
----------- --------------------------------------------------------------------
    11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
            REPORTING PERSON                                            40,804
----------- --------------------------------------------------------------------
    12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
            CERTAIN SHARES                                              |_|
----------- --------------------------------------------------------------------
    13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11            2.2%
----------- --------------------------------------------------------------------
    14      TYPE OF REPORTING PERSON                                    IN
----------- --------------------------------------------------------------------


                                       13

--------------------------------------------------------------------------------
   CUSIP No. 289393                   13D                    Page 14 of 31 Pages
--------------------------------------------------------------------------------
    1       NAME OF REPORTING PERSON
                William W. Service

            I.R.S.   IDENTIFICATION NO. OF ABOVE PERSON N/A/

----------- --------------------------------------------------------------------
    2       CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP        (a) |X| (b) |_|
----------- --------------------------------------------------------------------
    3       SEC USE ONLY
----------- --------------------------------------------------------------------
    4       SOURCE OF FUNDS                                             OO
----------- --------------------------------------------------------------------
    5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
            ITEMS 2(d) OR 2(e)                                          |_|

----------- --------------------------------------------------------------------
    6       CITIZENSHIP OR PLACE OF ORGANIZATION
                United States of America
--------------------------------------------------------------------------------
     NUMBER OF             7      SOLE VOTING POWER
SHARES BENEFICIALLY
   OWNED BY EACH                           -148,992- shares
  REPORTING PERSON
        WITH
                       ---------- ----------------------------------------------
                           8      SHARED VOTING POWER

                                           -0- shares
                       ---------- ----------------------------------------------
                           9      SOLE DISPOSITIVE POWER

                                           -148,992- shares
                       ---------- ----------------------------------------------
                          10      SHARED DISPOSITIVE POWER

                                           -0- shares
----------- --------------------------------------------------------------------
    11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
            REPORTING PERSON                                            148,992
----------- --------------------------------------------------------------------
    12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
            CERTAIN SHARES                                              |_|
----------- --------------------------------------------------------------------
    13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11            7.8%
----------- --------------------------------------------------------------------
    14      TYPE OF REPORTING PERSON                                    IN
----------- --------------------------------------------------------------------


                                       14

--------------------------------------------------------------------------------
   CUSIP No. 289393                   13D                    Page 15 of 31 Pages
--------------------------------------------------------------------------------
    1       NAME OF REPORTING PERSON
                Dennis M. Waldron

            I.R.S.   IDENTIFICATION NO. OF ABOVE PERSON N/A

----------- --------------------------------------------------------------------
    2       CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP        (a) |X| (b) |_|
----------- --------------------------------------------------------------------
    3       SEC USE ONLY
----------- --------------------------------------------------------------------
    4       SOURCE OF FUNDS                                             OO
----------- --------------------------------------------------------------------
    5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
            ITEMS 2(d) OR 2(e)                                          |_|
----------- --------------------------------------------------------------------
    6       CITIZENSHIP OR PLACE OF ORGANIZATION
                United States of America
--------------------------------------------------------------------------------
     NUMBER OF             7      SOLE VOTING POWER
SHARES BENEFICIALLY
   OWNED BY EACH                           -2,000- shares
  REPORTING PERSON
        WITH
                       ---------- ----------------------------------------------
                           8      SHARED VOTING POWER

                                            -0- shares
                       ---------- ----------------------------------------------
                           9      SOLE DISPOSITIVE POWER

                                           -2,000- shares
                       ---------- ----------------------------------------------
                          10      SHARED DISPOSITIVE POWER

                                           -0- shares
----------- --------------------------------------------------------------------
    11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
            REPORTING PERSON                                            2,000
----------- --------------------------------------------------------------------
    12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
            CERTAIN SHARES                                              |_|
----------- --------------------------------------------------------------------
    13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11            0.1%
----------- --------------------------------------------------------------------
    14      TYPE OF REPORTING PERSON                                    IN
----------- --------------------------------------------------------------------


                                       15

--------------------------------------------------------------------------------
   CUSIP No. 289393                   13D                    Page 16 of 31 Pages
--------------------------------------------------------------------------------
    1       NAME OF REPORTING PERSON
                Gary N. Weeks

            I.R.S.   IDENTIFICATION NO. OF ABOVE PERSON N/A

----------- --------------------------------------------------------------------
    2       CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP        (a) |X| (b) |_|
----------- --------------------------------------------------------------------
    3       SEC USE ONLY
----------- --------------------------------------------------------------------
    4       SOURCE OF FUNDS                                             OO
----------- --------------------------------------------------------------------
    5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
            ITEMS 2(d) OR 2(e)                                          |_|

----------- --------------------------------------------------------------------
    6       CITIZENSHIP OR PLACE OF ORGANIZATION
                United States of America
--------------------------------------------------------------------------------
     NUMBER OF             7      SOLE VOTING POWER
SHARES BENEFICIALLY
   OWNED BY EACH                           -108,421- shares
  REPORTING PERSON
        WITH
                       ---------- ----------------------------------------------
                           8      SHARED VOTING POWER

                                           -0- shares
                       ---------- ----------------------------------------------
                           9      SOLE DISPOSITIVE POWER

                                           -108,421- shares
                       ---------- ----------------------------------------------
                          10      SHARED DISPOSITIVE POWER

                                           -0- shares
----------- --------------------------------------------------------------------
    11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
            REPORTING PERSON                                            108,421
----------- --------------------------------------------------------------------
    12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
            CERTAIN SHARES                                              |_|
----------- --------------------------------------------------------------------
    13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11            5.9%
----------- --------------------------------------------------------------------
    14      TYPE OF REPORTING PERSON                                    IN
----------- --------------------------------------------------------------------


                                       16

--------------------------------------------------------------------------------
   CUSIP No. 289393                   13D                    Page 17 of 31 Pages
--------------------------------------------------------------------------------
    1       NAME OF REPORTING PERSON
                Greg  Wendt

            I.R.S.   IDENTIFICATION NO. OF ABOVE PERSON N/A

----------- --------------------------------------------------------------------
    2       CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP        (a) |X| (b) |_|
----------- --------------------------------------------------------------------
    3       SEC USE ONLY
----------- --------------------------------------------------------------------
    4       SOURCE OF FUNDS                                             OO
----------- --------------------------------------------------------------------
    5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
            ITEMS 2(d) OR 2(e)                                          |_|
----------- --------------------------------------------------------------------
    6       CITIZENSHIP OR PLACE OF ORGANIZATION
                United States of America
--------------------------------------------------------------------------------
     NUMBER OF             7      SOLE VOTING POWER
SHARES BENEFICIALLY
   OWNED BY EACH                           -5,000- shares
  REPORTING PERSON
        WITH
                       ---------- ----------------------------------------------
                           8      SHARED VOTING POWER

                                           -0- shares
                       ---------- ----------------------------------------------
                           9      SOLE DISPOSITIVE POWER

                                           -5,000- shares
                       ---------- ----------------------------------------------
                          10      SHARED DISPOSITIVE POWER

                                           -0- shares
----------- --------------------------------------------------------------------
    11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
            REPORTING PERSON                                            5,000
----------- --------------------------------------------------------------------
    12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
            CERTAIN SHARES                                              |_|
----------- --------------------------------------------------------------------
    13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11            .3%
----------- --------------------------------------------------------------------
    14      TYPE OF REPORTING PERSON                                    IN
----------- --------------------------------------------------------------------


                                       17

--------------------------------------------------------------------------------
   CUSIP No. 289393                   13D                    Page 18 of 31 Pages
--------------------------------------------------------------------------------
    1       NAME OF REPORTING PERSON
                Richard C. Williams

            I.R.S.   IDENTIFICATION NO. OF ABOVE PERSON N/A

----------- --------------------------------------------------------------------
    2       CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP        (a) |X| (b) |_|
----------- --------------------------------------------------------------------
    3       SEC USE ONLY
----------- --------------------------------------------------------------------
    4       SOURCE OF FUNDS                                             OO
----------- --------------------------------------------------------------------
    5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
            ITEMS 2(d) OR 2(e)                                          |_|

----------- --------------------------------------------------------------------
    6       CITIZENSHIP OR PLACE OF ORGANIZATION
                United States of America
--------------------------------------------------------------------------------
     NUMBER OF             7      SOLE VOTING POWER
SHARES BENEFICIALLY
   OWNED BY EACH                           -34,092- shares
  REPORTING PERSON
        WITH
                       ---------- ----------------------------------------------
                           8      SHARED VOTING POWER

                                           -0- shares
                       ---------- ----------------------------------------------
                           9      SOLE DISPOSITIVE POWER

                                           -34,092- shares
                       ---------- ----------------------------------------------
                          10      SHARED DISPOSITIVE POWER

                                           -0- shares
----------- --------------------------------------------------------------------
    11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
            REPORTING PERSON                                            34,092
----------- --------------------------------------------------------------------
    12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
            CERTAIN SHARES                                              |_|
----------- --------------------------------------------------------------------
    13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11            1.8%
----------- --------------------------------------------------------------------
    14      TYPE OF REPORTING PERSON                                    IN
----------- --------------------------------------------------------------------


                                       18

--------------------------------------------------------------------------------
   CUSIP No. 289393                   13D                    Page 19 of 31 Pages
--------------------------------------------------------------------------------
    1       NAME OF REPORTING PERSON
                Daniel G. Woolley

            I.R.S.   IDENTIFICATION NO. OF ABOVE PERSON N/A

----------- --------------------------------------------------------------------
    2       CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP        (a) |X| (b) |_|
----------- --------------------------------------------------------------------
    3       SEC USE ONLY
----------- --------------------------------------------------------------------
    4       SOURCE OF FUNDS                                             OO
----------- --------------------------------------------------------------------
    5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
            ITEMS 2(d) OR 2(e)                                          |_|
----------- --------------------------------------------------------------------
    6       CITIZENSHIP OR PLACE OF ORGANIZATION
                United States of America
--------------------------------------------------------------------------------
     NUMBER OF             7      SOLE VOTING POWER
SHARES BENEFICIALLY
   OWNED BY EACH                           -0- shares
  REPORTING PERSON
        WITH
                       ---------- ----------------------------------------------
                           8      SHARED VOTING POWER

                                           -31,369*- shares
                       ---------- ----------------------------------------------
                           9      SOLE DISPOSITIVE POWER

                                           -0- shares
                       ---------- ----------------------------------------------
                          10      SHARED DISPOSITIVE POWER

                                           -31,369*- shares
----------- --------------------------------------------------------------------
    11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
            REPORTING PERSON                                            31,369
----------- --------------------------------------------------------------------
    12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
            CERTAIN SHARES                                              |_|
----------- --------------------------------------------------------------------
    13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11            1.7%
----------- --------------------------------------------------------------------
    14      TYPE OF REPORTING PERSON                                    IN
----------- --------------------------------------------------------------------
         *All of such  shares are held by Franklin  Holdings,  LLC, an entity in
which Mr. Woolley is a 10% beneficial owner.

                                       19

--------------------------------------------------------------------------------
   CUSIP No. 289393                   13D                    Page 20 of 31 Pages
--------------------------------------------------------------------------------
    1       NAME OF REPORTING PERSON
                Donald W. Woolley

            I.R.S.   IDENTIFICATION NO. OF ABOVE PERSON N/A

----------- --------------------------------------------------------------------
    2       CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP        (a) |X| (b) |_|
----------- --------------------------------------------------------------------
    3       SEC USE ONLY
----------- --------------------------------------------------------------------
    4       SOURCE OF FUNDS                                             OO
----------- --------------------------------------------------------------------
    5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
            ITEMS 2(d) OR 2(e)                                          |_|

----------- --------------------------------------------------------------------
    6       CITIZENSHIP OR PLACE OF ORGANIZATION
                United States of America
--------------------------------------------------------------------------------
     NUMBER OF             7      SOLE VOTING POWER
SHARES BENEFICIALLY
   OWNED BY EACH                           -16,476- shares
  REPORTING PERSON
        WITH
                       ---------- ----------------------------------------------
                           8      SHARED VOTING POWER

                                           -78,423*- shares
                       ---------- ----------------------------------------------
                           9      SOLE DISPOSITIVE POWER

                                           -16,476- shares
                       ---------- ----------------------------------------------
                          10      SHARED DISPOSITIVE POWER

                                           -78,423*- shares
----------- --------------------------------------------------------------------
    11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
            REPORTING PERSON                                            94,899
----------- --------------------------------------------------------------------
    12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
            CERTAIN SHARES                                              |_|
----------- --------------------------------------------------------------------
    13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11            5.1%
----------- --------------------------------------------------------------------
    14      TYPE OF REPORTING PERSON                                    IN
----------- --------------------------------------------------------------------
         *All of such  shares are held by Franklin  Holdings,  LLC, an entity in
which Mr. Woolley is a 25% beneficial owner.

                                       20

--------------------------------------------------------------------------------
   CUSIP No. 289393                   13D                    Page 21 of 31 Pages
--------------------------------------------------------------------------------
    1       NAME OF REPORTING PERSON
                Donna P. Woolley

            I.R.S.   IDENTIFICATION NO. OF ABOVE PERSON N/A

----------- --------------------------------------------------------------------
    2       CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP        (a) |X| (b) |_|
----------- --------------------------------------------------------------------
    3       SEC USE ONLY
----------- --------------------------------------------------------------------
    4       SOURCE OF FUNDS                                             OO
----------- --------------------------------------------------------------------
    5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
            ITEMS 2(d) OR 2(e)                                          |_|
----------- --------------------------------------------------------------------
    6       CITIZENSHIP OR PLACE OF ORGANIZATION
                United States of America
--------------------------------------------------------------------------------
     NUMBER OF             7      SOLE VOTING POWER
SHARES BENEFICIALLY
   OWNED BY EACH                           -0- shares
  REPORTING PERSON
        WITH
                       ---------- ----------------------------------------------
                           8      SHARED VOTING POWER

                                           -15,685*- shares
                       ---------- ----------------------------------------------
                           9      SOLE DISPOSITIVE POWER

                                           -0- shares
                       ---------- ----------------------------------------------
                          10      SHARED DISPOSITIVE POWER

                                           -15,685*- shares
----------- --------------------------------------------------------------------
    11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
            REPORTING PERSON                                            15,685
----------- --------------------------------------------------------------------
    12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
            CERTAIN SHARES                                              |_|
----------- --------------------------------------------------------------------
    13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11            0.9%
----------- --------------------------------------------------------------------
    14      TYPE OF REPORTING PERSON                                    IN
----------- --------------------------------------------------------------------
         *All of such  shares are held by Franklin  Holdings,  LLC, an entity in
which Ms. Woolley is a 5% beneficial owner.

                                       21

ITEM 1.  SECURITY AND ISSUER

         This  statement  relates  to shares of no par value  common  stock (the
"Common  Stock")  of  Elmer's  Restaurants,  Inc.,  an Oregon  corporation  (the
"Company").  The principal executive offices of the Company are located at 11802
S.E. Stark Street, Portland, Oregon 97216.

ITEM 2.  IDENTITY AND BACKGROUND.

         This  statement of beneficial  ownership on Schedule 13D is being filed
jointly  by Linda  Ellis-Bolton,  Karen  Brooks,  Richard P.  Buckley,  David D.
Connor,  Thomas C. Connor,  Bruce N. Davis,  Franklin Holdings,  LLC, Corydon H.
Jensen,  Jr., Douglas A. Lee, David Mann,  Sheila J. Schwartz,  Gerald A. Scott,
William W. Service,  Dennis M. Waldron,  Gary N. Weeks,  Greg Wendt,  Richard C.
Williams,  Daniel G.  Woolley,  Donald W. Woolley and Donna P.  Woolley  (each a
"Reporting Person" and collectively,  the "Reporting  Persons") pursuant to Rule
13d-1(k)  promulgated by the Securities and Exchange Commission under Section 13
of the  Securities  Exchange Act of 1934, as amended (the "Exchange  Act").  The
Reporting  Persons are making this  single,  joint  filing  because  they may be
deemed to  constitute  a "group"  within the meaning of Section  13(d)(3) of the
Exchange  Act  with  respect  to the  transaction  described  in  Item 4 of this
statement.  Except as  expressly  otherwise  set forth in this  statement,  each
Reporting  Person disclaims  beneficial  ownership of the shares of Common Stock
beneficially  owned by any  other  Reporting  Person or any  other  person.  The
agreement  between the  Reporting  Persons  relating to the joint filing of this
statement is attached hereto as Exhibit A.

         Information  with  respect  to each of the  Reporting  Persons is given
solely by such Reporting Person, and no Reporting Person assumes  responsibility
for the  accuracy  or  completeness  of the  information  concerning  the  other
Reporting Persons, except as otherwise provided in Rule 13d-1(k).

                  o  Linda   Ellis-Bolton,   a  United  States   citizen  is  an
                     independent   investor.   The  business   address  for  Ms.
                     Ellis-Bolton  is 125 Tom Morris Lane,  Enterprise,  Alabama
                     36330.

                  o  Karen  Brooks,  a United States  citizen is an  independent
                     investor. The business address for Ms. Brooks is 700 Delany
                     Woods, Nicholasville, Kentucky 40356.

                  o  Richard  P.  Buckley,  a  United  States  citizen,   is  an
                     independent real estate investor.  The business address for
                     Mr.  Buckley is 14450 Quaker Hill Cross Road,  Nevada City,
                     California 95959.

                  o  David D. Connor, a United States citizen,  is a real estate
                     executive.  The  business  address  for Mr.  Connor  is c/o
                     Frankling Holdings,  LLC, 1399 Franklin Boulevard,  Eugene,
                     Oregon 97405.

                  o  Thomas C.  Connor,  a United  States  citizen,  serves as a
                     Director of the Company. The business address for Mr Connor
                     is c/o Elmer's  Restaurant,  Inc., 11802 S.E. Stark Street,
                     Portland, Oregon 97216.

                  o  Bruce  N.  Davis,  a  United  States  citizen,   serves  as
                     Director,  President  and Chief  Executive  Officer  of the
                     Company.  The business address for Mr. Davis is c/o Elmer's
                     Restaurant, Inc., 11802 S.E. Stark Street, Portland, Oregon
                     97216.

                  o  Franklin Holdings, LLC, an Oregon limited liability company
                     ("Franklin Holdings"), is an investment management  company
                     organized  for the benefit of its  members.  The members of
                     Franklin Holdings and their beneficial interest therein are
                     as follows:  Thomas C. Connor, 25%; Donald W. Woolley, 25%;
                     David D.  Connor,  25%;  Douglas  A.  Lee,  10%;  Daniel G.
                     Woolley, 10%; and Donna P. Woolley, 5%. The principal place
                     of  business  of Franklin  Holdings,  LLC is 1399  Franklin
                     Boulevard,  Eugene, Oregon 97405. The managing member(s) of
                     Franklin  Holdings  are  Thomas  C.  Connor  and  Donald W.
                     Woolley.

                                       22

                  o  Corydon H. Jensen, Jr., a United States citizen,  serves as
                     a Director of the  Company.  The  business  address for Mr.
                     Jensen is c/o Elmer's  Restaurant,  Inc.,  11802 S.E. Stark
                     Street, Portland, Oregon 97216.

                  o  Douglas A. Lee a United  States  citizen,  is a real estate
                     executive. The business address for Mr. Lee is c/o Franklin
                     Holdings,  LLC, 1399  Franklin  Boulevard,  Eugene,  Oregon
                     97405.

                  o  David Mann, a United States citizen,  is a Portland, Oregon
                     based investor.   The business address for Mr. Mann is 1980
                     Indian Trail, Lake Oswego, Oregon 97034.

                  o  Sheila J. Schwartz,  a United States citizen,  is a Eugene,
                     Oregon  based  investor.  The  business  address  for  Mrs.
                     Schwartz is 2390 Lariat Dr., Eugene, Oregon 97405

                  o  Gerald A. Scott, a United States citizen,  serves as a Vice
                     President  of the  Company.  The  business  address for Mr.
                     Scott is c/o Elmer's  Restaurant,  Inc.,  11802 S.E.  Stark
                     Street, Portland, Oregon 97216.

                  o  William W. Service,  a United States  citizen,  serves as a
                     Director  of the  Company.  The  business  address  for Mr.
                     Service is c/o Elmer's  Restaurant,  Inc., 11802 S.E. Stark
                     Street, Portland, Oregon 97216.

                  o  Dennis M.  Waldron,  a United States  citizen,  serves as a
                     Director  of the  Company.  The  business  address  for Mr.
                     Waldron is c/o Elmer's  Restaurant,  Inc., 11802 S.E. Stark
                     Street, Portland, Oregon 97216.

                  o  Gary N. Weeks, a United States citizen,  is an entrepreneur
                     from Grass Valley, California. The business address for Mr.
                     Weeks is 12966  Pinewoods  Road,  Nevada  City,  California
                     95959.

                  o  Greg Wendt,  a United  States  citizen,  is a San Francisco
                     based  investor.  The  business  address for Mr. Wendt is 1
                     Market,   Steuart   Tower,   Suite  1800,   San  Francisco,
                     California 94105.

                  o  Richard C. Williams,  a United States citizen,  serves as a
                     Director  of the  Company.  The  business  address  for Mr.
                     Williams is c/o Elmer's Restaurant,  Inc., 11802 S.E. Stark
                     Street, Portland, Oregon 97216.

                  o  Daniel G. Woolley a United States citizen, is a real estate
                     executive.  The  business  address  for Mr.  Woolley is c/o
                     Franklin Holdings,  LLC, 1399 Franklin  Boulevard,  Eugene,
                     Oregon 97405.

                  o  Donald W.  Woolley,  a United States  citizen,  serves as a
                     Director  of the  Company.  The  business  address  for Mr.
                     Woolley is c/o Elmer's  Restaurant,  Inc., 11802 S.E. Stark
                     Street, Portland, Oregon 97216.

                  o  Donna P. Woolley, a United States citizen, is a real estate
                     executive.  The  business  address  for Ms.  Woolley is c/o
                     Franklin Holdings,  LLC, 1399 Franklin  Boulevard,  Eugene,
                     Oregon 97405.

None of the  Reporting  Persons  have  been,  during  the past five  years,  (i)
convicted in a criminal  proceeding  (excluding  traffic  violations and similar
misdemeanors)  or  (ii)  a  party  to  a  civil  proceeding  of  a  judicial  or
administrative body of competent jurisdiction that had the result of such person
being subject to judgment, decree or final order enjoining future violations of,
or prohibiting or mandating  activities  subject to, federal or state securities
laws or finding any violation with respect to such laws.

                                       23

ITEM 3.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

         It is anticipated  that funding  for the proposed transaction described
in Item 4 will be obtained  through third party debt financing  currently  being
negotiated by the Reporting Persons that, together with other funds available to
the Reporting  Persons,  will be sufficient to consummate any such  transaction.
The Reporting Persons anticipate that if the proposed  transaction  described in
Item 4 proceeds and if they are able to successfully negotiate a definitive loan
commitment,  they would cause the Company to enter into a loan relationship with
General  Electric  Capital  Corporation  ("GE  Capital"),  which has  provided a
proposal  to finance the lesser of  $6,400,000  or 90% of the cost to effect the
proposed  transaction  described  in Item 4.  The  principal  terms  of the loan
include a ten year term with  monthly  principal  and  interest  payments and an
interest rate that, at the option of the Reporting Persons, would be (i) a fixed
rate of 8.02% per annum, (ii) a fixed rate of 7.57% per annum for the first five
years that converts to a variable  interest  rate equal to LIBOR plus 3.20%,  or
(iii) a variable  interest  rate equal to LIBOR plus 3.20%,  which is  currently
4.81% per  annum.  Such  loan  would be  secured  by a first  priority  security
interest  in all of the  Company's  assets.  GE  Capital  has no  obligation  or
commitment to provide the foregoing  financing and the Reporting Persons have no
assurances that they will be able to negotiate definitive terms or obtain a loan
from GE  Capital  or any  other  lender  on terms  acceptable  to the  Reporting
Persons.

ITEM 4.  PURPOSE OF TRANSACTION

         On August 5,  2004,  Mr.  Davis,  on behalf of the  Reporting  Persons,
submitted a non-binding  proposal, a copy of which is attached hereto as Exhibit
B (the  "Proposal"),  for a going private  transaction to the Company's Board of
Directors. Under the Proposal, the Reporting Persons propose to acquire, through
a  corporation  to be formed  ("Acquisition  Company"),  all of the  outstanding
shares of the  Company's  Common  Stock  not  currently  owned by the  Reporting
Persons for a price per share of $7.50 payable in cash (the "Acquisition").  The
Reporting  Persons  expect  that the  Acquisition  would be  effected  through a
two-step transaction  consisting of (i) a cash tender offer for no less than 90%
of the Company's  Common Stock or such lesser  amount as the  Reporting  Persons
agree (the "Tender Offer") and (ii) a subsequent merger in which the Acquisition
Company would merge with and into the Company (with the Company as the surviving
entity)  and in which any  remaining  shareholders  of the  Company  who did not
participate in the Tender Offer would receive the same  consideration  as in the
Tender Offer.

         The  Reporting  Persons  are the  holders of  approximately  66% of the
Company's  Common Stock.  Mr. Davis is the Chairman of the Board,  President and
Chief Executive Officer of the Company, Mssrs. Service, Jensen, Connor, Waldron,
Williams  and Woolley are  directors of the  Company,  and the  remainder of the
Reporting Persons are current shareholders of the Company.

         The  Proposal is subject to a number of  conditions,  including,  among
other  things  (i)  a  financing  contingency;  (ii)  a  non-waivable  condition
requiring  that a majority of the Company's  shareholders  (excluding,  for this
purpose, all Reporting Persons and their affiliate) tender their shares, (iii) a
condition  (waivable  only  by  the  Acquisition  Company)  requiring  that  the
Acquisition Company,  immediately  following the completion of the Tender Offer,
hold at least 90% of the Company's  Common Stock  (inclusive of the Common Stock
held  by all  of the  Reporting  Persons);  and  (iv)  obtaining  any  necessary
regulatory  approvals.  The Reporting Persons have no assurances that any or all
of the foregoing conditions can or will be satisfied.

         Neither the Company nor any of the  Reporting  Persons are obligated to
pursue or to complete the Acquisition.  The Reporting  Persons reserve the right
to modify their proposal in any way as a result of  negotiations  or to withdraw
the Proposal at any time.

         If the proposed Acquisition is completed, the Common Stock would become
eligible  for  termination  of  registration  pursuant  to Section  12(g) of the
Securities Act and the Common Stock would be delisted from NASDAQ.

         Except as indicated above, none of the Reporting Persons have any plans
or proposals  that relate to or would  result in any other  action  specified in
clauses (a) through (j) of Item 4 on Schedule 13D.

ITEM 5.  INTEREST IN SECURITIES OF THE ISSUER

                                       24

         (a), (b) The  following  table sets forth the  beneficial  ownership of
shares of Common  Stock of the  Company  for each  person  named in Item 2. Each
Reporting  Person disclaims  beneficial  ownership of all shares of Common Stock
beneficially  owned by the other Reporting Persons in accordance with Rule 13d-4
under the Act.


                                   Amount                                    Shared Voting       Sole          Shared
   Name of Reporting Person     Beneficially  Percentage of    Sole Voting       Power        Dispositive   Dispositive
                                  Owned(1)       Class(2)         Power                          Power         Power
                                                                                             
Linda Ellis-Bolton                    84,847            4.6%         84,847             -0-         84,847           -0-
Karen  Brooks                         94,183            5.2%         94,183             -0-         94,183           -0-
Richard P. Buckley                    84,278            4.6%         84,278             -0-         84,278           -0-
David D. Connor(3)                    78,423            4.3%            -0-          78,423            -0-        78,723
Thomas C. Connor(3)                   94,899            5.1%         16,476          78,423         16,476        78,423
Bruce N. Davis                       145,603            7.6%        145,603             -0-        145,603           -0-
Franklin Holdings, LLC(3)            313,694           17.2%        313,694             -0-        313,694           -0-
Corydon H. Jensen, Jr.               101,323            5.5%        101,323             -0-        101,323           -0-
Douglas A. Lee(3)                     31,369            1.7%            -0-          31,369            -0-        31,369
David Mann                            89,062            4.9%         89,062             -0-         89,062           -0-
Sheila Schwartz                       84,847            4.6%         84,847             -0-         84,847           -0-
Gerald A. Scott                       40,804            2.2%         40,804             -0-         40,804           -0-
William W. Service                   148,992            7.8%        148,992             -0-        148,992           -0-
Dennis M. Waldron                      2,000            0.1%          2,000             -0-          2,000           -0-
Gary N. Weeks                        108,421            5.9%        108,421             -0-        108,421           -0-
Greg Wendt                             5,000            0.3%          5,000             -0-          5,000           -0-
Richard C. Williams                   34,092            1.8%         34,092             -0-         34,092           -0-
Daniel G. Woolley(3)                  31,369            1.7%            -0-          31,369            -0-        31,369
Donald W. Woolley(3)                  94,899            5.1%         16,476          78,423         16,476        78,423
Donna P. Woolley(3)                   15,685            0.9%            -0-          15,685            -0-        15,685


                 (1)  Includes  options to purchase  common  stock  exercisable
         within 60 days from  August 5,  2004.  The  number of shares  that each
         person  named in this table has a right to acquire is as  follows:  Mr.
         Thomas C. Connor,  16,476; Mr. Davis,  78,829; Mr. Jensen,  16,476; Mr.
         Scott, 25,121; Mr. Service,  79,229; Mr. Waldron,  2,000; Mr. Williams,
         16,476; and Mr. Donald W. Woolley, 16,476.
                  (2)  Based  on   1,816,335   shares  of  Common  Stock  deemed
         outstanding  as reported in the  Company's  Form DEF 14A filed June 23,
         2004, adjusted to include  outstanding options outstanding  exercisable
         for each  Reporting  Person  (and only with  respect to such  Reporting
         Person) within sixty days of August 5, 2004.
                  (3)  Franklin  Holdings,  LLC  is  owned  beneficially  by its
         members as follows:  25% by Thomas C.  Connor,  25% by David D. Connor,
         25% by Donald  W.  Woolley,  10% by  Douglas  A. Lee,  10% by Daniel G.
         Woolley,  and 5% by Donna P. Woolley.  The beneficial  ownership of the
         foregoing  members  includes a pro rata portion of the Company's shares
         held by Franklin Holdings, LLC.

         (c)  Except as  indicated  otherwise  in the table  below,  none of the
Reporting  Persons has effected any  transaction  in the Company's  Common Stock
during the past 60 days.


Name of Reporting Person       Date of       Amount of Securities     Price Per        Where/How the Transaction was
                             Transaction           Involved             Share                    Effected
                                                             
Richard Buckley             June 30, 2004             400                $6.70          Open Market Sale/Broker's Transaction
Richard Buckley              July 1, 2004              34                $6.70          Open Market Sale/Broker's Transaction
Richard Buckley              July 2, 2004           1,566                $6.70          Open Market Sale/Broker's Transaction
Gary N. Weeks               July 14, 2004           1,000               $6.603          Open Market Sale/Broker's Transaction
David Mann                  July 15, 2004           1,000                $6.42          Open Market Purchase/Broker's Transaction
David Mann                  July 15, 2004           1,700                $6.42          Open Market Purchase/Broker's Transaction
David Mann                  July 29, 2004           5,000                $6.12          Open Market Purchase/Broker's Transaction
David Mann                  July 29, 2004           2,300                $6.42          Open Market Purchase/Broker's Transaction


         (d) Not applicable.

         (e) Not applicable.

ITEM 6.  CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR
         RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.

         To the best  knowledge  of the  Reporting  Persons,  there are no other
contracts,  arrangements,  understandings or relationships  (legal or otherwise)
among the  Reporting  Persons and between any of the  Reporting  Persons and any
other person with respect to any securities of the Company, joint ventures, loan
or option  arrangements,  puts or

                                       25

calls,  guarantees  of profits,  divisions of profits or loss,  or the giving or
withholding  of proxies,  or a pledge or  contingency,  the  occurrence of which
would give another person voting power over the securities of the Company.

ITEM 7.  MATERIAL TO BE FILED AS EXHIBITS

         Exhibit           A: Joint Filing  Agreement  dated August 5, 2004,  by
                           and between the Reporting Persons.

         Exhibit B:        Proposal to Company dated August 5, 2004.


                                    SIGNATURE

         After  reasonable  inquiry and to the best of my knowledge  and belief,
each of the  undersigned  certifies  that  the  information  set  forth  in this
statement is true, complete and correct.


Dated:  August 5, 2004

                                                      /s/LINDA ELLIS-BOLTON
                                                      ------------------------
                                                      Linda Ellis-Bolton

                                                      /s/KAREN BROOKS
                                                      ------------------------
                                                      Karen Brooks

                                                      /s/RICHARD P. BUCKLEY
                                                      ------------------------
                                                      Richard P. Buckley

                                                      /s/DAVID D. CONNOR
                                                      ------------------------
                                                      David D. Connor

                                                      /s/THOMAS C. CONNOR
                                                      ------------------------
                                                      Thomas C. Connor

                                                      /s/BRUCE N. DAVIS
                                                      ------------------------
                                                      Bruce N. Davis


                                                       FRANKLIN HOLDINGS, LLC

                                                       By:/s/DONALD WOOLLEY
                                                           -------------------
                                                       Name: Donald Woolley
                                                             -----------------
                                                       Its: Managing Member
                                                            ------------------

                                                      /s/CORYDON H. JENSEN, JR.
                                                      ------------------------
                                                      Corydon H. Jensen, Jr.


                                       26

                                                      /s/DOUGLAS A. LEE
                                                      ------------------------
                                                      Douglas A. Lee

                                                      /s/DAVID MANN
                                                      ------------------------
                                                      David Mann

                                                      /s/SHEILA J. SCHWARTZ
                                                      ------------------------
                                                      Sheila J. Schwartz

                                                      /s/GERALD A. SCOTT
                                                      ------------------------
                                                      Gerald A. Scott

                                                      /s/WILLIAM W. SERVICE
                                                      ------------------------
                                                      William W. Service

                                                      /s/DENNIS M. WALDRON
                                                      ------------------------
                                                      Dennis M. Waldron

                                                      /s/GARY N. WEEKS
                                                      ------------------------
                                                      Gary N. Weeks

                                                      /s/GREG WENDT
                                                      ------------------------
                                                      Greg Wendt

                                                      /s/RICHARD C. WILLIAMS
                                                      ------------------------
                                                      Richard C. Williams

                                                      /s/DANIEL G. WOOLLEY
                                                      ------------------------
                                                      Daniel G. Woolley

                                                      /s/DONALD W. WOOLLEY
                                                      ------------------------
                                                      Donald W. Woolley

                                                      /s/DONNA P. WOOLLEY
                                                      ------------------------
                                                      Donna P. Woolley


















                                       27

                                                                       Exhibit A

                             JOINT FILING AGREEMENT

         In accordance with Rule 13d-1(k)(1)  under the Securities  Exchange Act
of 1934,  each of the  undersigned  parties  hereby  agree to file  jointly  the
statement on Schedule 13D (including any amendments thereto) with respect to the
no par value Common Stock of Elmer's Restaurants, Inc.

         It is  understood  and  agreed  that  each  of the  parties  hereto  is
responsible for the timely filing of such statement and any amendments  thereto,
and for the  completeness  and  accuracy of  information  concerning  such party
contained  therein,  but such party is not responsible for the  completeness and
accuracy of information  concerning another party unless such party knows or has
reason to believe such information is inaccurate.

         It is  understood  and agreed  that a copy of this  agreement  shall be
attached as an exhibit to the  statement  on Schedule  13D,  and any  amendments
thereto, filed on behalf of the parties hereto.

Dated:  August 5, 2004

                                                      /s/LINDA ELLIS-BOLTON
                                                      ------------------------
                                                      Linda Ellis-Bolton

                                                      /s/KAREN BROOKS
                                                      ------------------------
                                                      Karen Brooks

                                                      /s/RICHARD P. BUCKLEY
                                                      ------------------------
                                                      Richard P. Buckley

                                                      /s/DAVID D. CONNOR
                                                      ------------------------
                                                      David D. Connor

                                                      /s/THOMAS C. CONNOR
                                                      ------------------------
                                                      Thomas C. Connor

                                                      /s/BRUCE N. DAVIS
                                                      ------------------------
                                                      Bruce N. Davis


                                                       FRANKLIN HOLDINGS, LLC

                                                       By:/s/DONALD WOOLLEY
                                                           -------------------
                                                       Name: Donald Woolley
                                                             -----------------
                                                       Its: Managing Member
                                                            ------------------

                                                      /s/CORYDON H. JENSEN, JR.
                                                      ------------------------
                                                      Corydon H. Jensen, Jr.


                                                      /s/DOUGLAS A. LEE
                                                      ------------------------
                                                      Douglas A. Lee

                                                      /s/DAVID MANN
                                                      ------------------------
                                                      David Mann

                                                      /s/SHEILA J. SCHWARTZ
                                                      ------------------------
                                                      Sheila J. Schwartz

                                                      /s/GERALD A. SCOTT
                                                      ------------------------
                                                      Gerald A. Scott

                                                      /s/WILLIAM W. SERVICE
                                                      ------------------------
                                                      William W. Service

                                                      /s/DENNIS M. WALDRON
                                                      ------------------------
                                                      Dennis M. Waldron

                                                      /s/GARY N. WEEKS
                                                      ------------------------
                                                      Gary N. Weeks

                                                      /s/GREG WENDT
                                                      ------------------------
                                                      Greg Wendt

                                                      /s/RICHARD C. WILLIAMS
                                                      ------------------------
                                                      Richard C. Williams

                                                      /s/DANIEL G. WOOLLEY
                                                      ------------------------
                                                      Daniel G. Woolley

                                                      /s/DONALD W. WOOLLEY
                                                      ------------------------
                                                      Donald W. Woolley

                                                      /s/DONNA P. WOOLLEY
                                                      ------------------------
                                                      Donna P. Woolley














                                       29

                                                                        Exhbit B

                                                     August 5, 2004


Board Of Directors
Elmer's Restaurants, Inc.
11802 SE Stark St.
Portland, OR 97292

Gentlemen:

         I am pleased to present to the Board of Directors  this  proposal for a
going private  transaction in which the public  shareholders of the Company will
have the  opportunity  to receive cash  representing  an  attractive  premium to
current  market  value in  exchange  for  their  shares  of  common  stock  (the
"Proposal").  To that end, I have  assembled  a group of  Company  shareholders,
including  the  Company's  Board of Directors  (collectively,  the  "Shareholder
Group") who together own approximately 66% of the outstanding shares.

            The  proposed  transaction  would be  effected  by means of a tender
offer for the remaining 34% of the Company's outstanding shares, followed by the
merger of the acquiring entity into the Company, with the Company surviving as a
privately-held  corporation  (the  "Tender  Offer").  In the Tender  Offer,  the
Company's public  shareholders  would receive $7.50 in cash in exchange for each
of their  shares,  while  members of the  Shareholder  Group would  retain their
equity interests in the Company.  The Proposal represents a 20% premium over the
closing  price of the common  stock on August 5, 2004 and a 17% premium over the
weighted-average  closing price over the last 30 days. I believe this offers the
Company's  shareholders  full  and  fair  value  for  their  shares.  It is  our
intention,  following  the Tender  Offer,  to leave the  Company's  business and
operations unchanged.

         I believe  the  Proposal  presents  an  excellent  opportunity  for the
Company's  public  shareholders  to realize a premium for their shares at a fair
price,  while allowing  management to focus on executing the Company's  strategy
without having to address the burdens and costs of being a public company. These
costs have  significantly  increased with the passage of the  Sarbanes-Oxley Act
and  the  related  regulations   promulgated  by  the  Securities  and  Exchange
Commission and Nasdaq.  In fact,  compliance will become even more expensive and
burdensome  with  the  phase-in  of  new  rules  relating  to  internal  control
procedures.  Additionally, the Company's stock suffers from minimal public float
and trading volume, as well as a lack of research coverage by analysts. Absent a
going private transaction,  management expects that public company costs for the
current  fiscal year will reach  approximately  $468,000 - equivalent  to 25% of
pre-tax income for the year ended March 29, 2004. The $468,000 estimate includes
$363,000 paid to external  accountants,  legal  counsel,  listing fees and other
outside vendors as well as $105,000 in staff time and expenses.


                                       30

         Alternatives  to  this   transaction   include   continuing  to  pay  a
significant  portion of pre-tax  income each year in public  company  costs,  or
avoiding the majority of these costs by de-listing the Company's stock.  Neither
of  these  alternatives  represents  an  attractive  outcome  for  shareholders.
Therefore,  this is an opportune  time for the public  shareholders  to cash out
their  shares and the  Company to be  relieved  of the burdens of being a public
corporation.

         To assist us in the  transaction of the Tender Offer,  the  Shareholder
Group has retained  Veber  Partners of Portland,  Oregon to act as our financial
advisor. Lane Powell Spears Lubersky LLP is acting as counsel to the Shareholder
Group. The Proposal is subject to the availability of the necessary financing at
closing and other customary closing conditions. The Company's current bank group
has provided us with a preliminary written proposal for funding.

         The Tender Offer will be subject to a non-waivable  requirement  that a
majority of the  minority  34%  shareholders  tender  their shares in the Tender
Offer. It will also be subject to a condition,  waivable only by the Shareholder
Group,  requiring  that the  acquiring  entity  will  hold at  least  90% of the
Company's  common  stock after the  closing of the Tender  Offer  (inclusive  of
common  stock held by the  Shareholder  Group).  The Proposal is also subject to
compliance with any applicable federal and state regulatory  requirements.

            There can be no assurance that the Tender Offer will be commenced or
will be successfully completed.

            The  Shareholder  Group  believes  that our  Proposal is in the best
interests  of the  Company  and  will  be  attractive  to the  Company's  public
shareholders. It is our view that providing a premium to our public shareholders
and operating the Company as a private  enterprise is the best  alternative  for
all concerned.



                                        Sincerely,

                                        /s/BRUCE N. DAVIS

                                        Bruce N. Davis,
                                        On behalf of the Shareholder Group





                                       31