CONSOLIDATED PRODUCTS INC /IN/
424B3, 1997-08-06
EATING PLACES
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<PAGE>   1


PROSPECTUS SUPPLEMENT NO. 4
TO PROSPECTUS DATED MAY 23, 1997



                               1,000,000 SHARES
                                      
                         CONSOLIDATED PRODUCTS, INC.
                                      
                                 COMMON STOCK



By means of this Prospectus Supplement, Consolidated Products, Inc. (the
"Company") hereby offers 60,000, 30,000 and 20,000 shares of Common Stock (the
"Shares") to Schroder Capital Management, Back Bay Partners and Connecticut
Capital Associates, respectively, at a purchase price of $17.375 per share
pursuant to the Prospectus dated May 23, 1997, of which this Prospectus
Supplement is a part.  The Company will place the Shares through Sutro & Co.,
Incorporated, a registered broker-dealer (the "Agent").  The Company will pay
the Agent a fee of $55,000 in connection with the sale of the Shares offered
hereby.  




The date of this Prospectus Supplement is August 6, 1997.








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