MAZEL STORES INC
SC 13G, 1996-11-25
RETAIL STORES, NEC
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<PAGE>   1
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13G

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

                               MAZEL STORES, INC.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

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

                                   578792 10 3
                            -------------------------
                                 (CUSIP Number)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

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).

SEC 1745 (2-95)

                                Page 1 of 4 Pages


<PAGE>   2



<TABLE>
<CAPTION>
                                  SCHEDULE 13G

CUSIP No.    578792 10 3                                                        Page  2   of  5   Pages
          -----------------                                                         ----    ----
- -------------------------------------------------------------------------------------------------------
        <S>                <C>                                                                   <C>

            1              NAME OF REPORTING PERSON
                           S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

                           REUVEN DESSLER
- -------------------------------------------------------------------------------------------------------
            2              CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                     (a)[ ]
                                                                                                 (b)[ ]
                           NOT APPLICABLE
- -------------------------------------------------------------------------------------------------------
            3              SEC USE ONLY

- -------------------------------------------------------------------------------------------------------
            4              CITIZENSHIP OR PLACE OF ORGANIZATION

                           UNITED STATES OF AMERICA
- -------------------------------------------------------------------------------------------------------
        NUMBER OF                                                                                       
         SHARES                5       SOLE VOTING POWER                                                
      BENEFICIALLY                                                                                      
        OWNED BY                       2,257,982                                                        
          EACH             ---------------------------------------------------------------------------- 
        REPORTING                                                                                       
       PERSON WITH             6       SHARED VOTING POWER                                              
                                                                                                        
                                       NONE                                                             
                           ---------------------------------------------------------------------------- 
                                                                                                        
                               7       SOLE DISPOSITIVE POWER                                           
                                                                                                        
                                       2,257,982                                                        
                           ---------------------------------------------------------------------------- 
                               8       SHARED DISPOSITIVE POWER                                         
                                                                                                        
                                       NONE                                                             
- ------------------------------------------------------------------------------------------------------

            9              AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON


                           2,257,982
- -------------------------------------------------------------------------------------------------------

           10              CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*    [ ]

                           NOT APPLICABLE
- -------------------------------------------------------------------------------------------------------

           11              PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

                           25.7%
- -------------------------------------------------------------------------------------------------------
           12              TYPE OF REPORTING PERSON*

                           IN
- -------------------------------------------------------------------------------------------------------
</TABLE>

                     *SEE INSTRUCTIONS BEFORE FILLING OUT!
                                       
                               Page 2 of 4 Pages


<PAGE>   3
ITEM 1.

        (a)     Name of Issuer:
                Mazel Stores, Inc.

        (b)     Address of Issuer's Principal Executive Offices:
                31000 Aurora Road, Solon, Ohio 44139

ITEM 2.

        (a)     Name of Person Filing:
                Reuven Dessler

        (b)     Address of Principal Business Office or, if none, Residence:
                31000 Aurora Road, Solon, Ohio 44139

        (c)     Citizenship:
                United States

        (d)     Title of Class of Securities:
                Common

        (e)     CUSIP Number:
                578792 10 3

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b), CHECK
WHETHER THE PERSON FILING IS A:

        (a)     [ ]Broker or Dealer registered under Section 15 of the Act

        (b)     [ ]Bank as defined in Section 3(a)(6) of the Act

        (c)     [ ]Insurance Company as defined in Section 3(a)(19) of the Act

        (d)     [ ]Investment Company registered under Section 8 of the 
                Investment Company Act

        (e)     [ ]Investment Adviser registered under Section 203 of the 
                Investment Advisers Act of 1940

        (f)     [ ]Employee Benefit Plan, Pension Fund which is subject to 
                the provisions of the Employee Retirement Income Security Act
                of 1974 or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F)

        (g)     [ ]Parent Holding Company, in accordance with 
                Section 240.13d-1(b)(ii)(G) (Note: See Item 7)

        (h)     [ ]Group, in accordance with Section 240.13d-1(b)(1)(ii)(H)

                                Page 3 of 4 Pages


<PAGE>   4


ITEM 4.  OWNERSHIP

           The Issuer completed its initial public offering on November 20,
1996. At the time of the public offering, the Reporting Person owned an
aggregate of 2,257,982 shares, including 188,504 shares owned directly and
2,059,354 shares held by a corporation in which the Reporting Person was a
director, officer and majority shareholder. The Reporting Person had sole voting
and dispositive power with respect to such shares, although he and his family
have beneficial interests in only 1,372,971 shares. The Reporting Person in the
Chief Executive Officer and a Director of the Issuer.

ITEM 5.  OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

           If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following [ ].

ITEM 6.  OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
           Not Applicable.

ITEM 7.  IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE 
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

           Not Applicable

ITEM 8.  IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

           Not Applicable

ITEM 9.  NOTICE OF DISSOLUTION OF GROUP

           Not Applicable

ITEM 10.  CERTIFICATION

           The following certification shall be included if the statement is
filed pursuant to Rule 13d- 1(b):

           By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purposes or effect.

                                    SIGNATURE

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

                                                        11/25/96
                                         -------------------------------------
                                                          Date                

                                                  /s/ Reuven Dessler          
                                         -------------------------------------
                                                       Signature              
                                                                              
                                         -------------------------------------
                                                       Name/Title             

                                Page 4 of 4 Pages







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