UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


          DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): MAY 8, 2003


                        MAIN STREET AND MAIN INCORPORATED
             (Exact name of registrant as specified in its charter)


                        Commission File Number: 000-18668


            DELAWARE                                             11-2948370
(State or other jurisdiction of                               (I.R.S. Employer
 incorporation or organization)                              Identification No.)


             5050 N. 40TH STREET, SUITE 200, PHOENIX, ARIZONA 85018
                    (Address of principal executive offices)


                                 (602) 852-9000
              (Registrant's telephone number, including area code)

Item 12. Results of Operations and Financial Conditions

     The Company is furnishing  this Report on Form 8-K in  connection  with the
disclosure of textual  information,  in the form of a press release  released on
May 8, 2003.

     The  information  in this  Report on Form 8-K  (including  the  exhibit) is
furnished  pursuant  to Item 12 and shall not be  deemed to be  "filed"  for the
purpose  of  Section  18 of the  Securities  Exchange  Act of 1934 or  otherwise
subject to the liabilities of that section.

     The Company does not have,  and  expressly  disclaims,  any  obligation  to
release publicly any updates or any changes in the Company's expectations or any
change in events,  conditions,  or  circumstances  on which any  forward-looking
statement is based.

     The text included  with this Report is available on our website  located at
www.mainandmain.com,   although  we  reserve  the  right  to  discontinue   that
availability at any time.


Exhibit 99.1   Press Release dated May 8, 2003-Announcing First Quarter
               2003 Earnings.


                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.


                                          MAIN STREET AND MAIN INCORPORATED


Dated: May 8, 2003                        /s/ Bart A. Brown Jr.
                                          --------------------------------------
                                          Bart A. Brown Jr.
                                          Chief Executive Officer


Dated: May 8, 2003                        /s/ Michael Garnreiter
                                          --------------------------------------
                                          Michael Garnreiter
                                          Executive Vice President and
                                          Chief Financial Officer