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Home > Company Index > Leisure > Restaurants > NE Restaurant Company, Inc.

NE Restaurant Company, Inc.
 PROFILE
NE Restaurant Company (NERCO) does exactly what you think it does -- runs restaurants mainly in the northeastern US. The company owns and operates more than 75 Bertucci's Brick Oven Pizzerias (casual Italian dining) and one Sal and Vinnie's Sicilian Steakhouse in nine states. Until 2001 NERCO was also a franchisee of Brinker International, operating almost 40 Chili's Grill & Bar restaurants and seven On The Border Cafe (Tex-Mex) restaurants in New England. However the company sold those locations back to Brinker for about $93 million in order to better concentrate on expanding its Bertucci's concept. Chairman and interim CEO Benjamin Jacobson owns 23% of the company; New York investment firm Puma owns 24%.

 COMPETITION
Brinker International, Inc. (EAT)
Darden Restaurants, Inc. (DRI)
Metromedia Company (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 284.90
1-Yr. Sales Growth: 6.5%
Employees: 10,112
Revenue per employee: $28,174.45

 KEY PEOPLE
• Benjamin R. Jacobson
    CEO
• David J. Nace
    CFO

 CONTACT INFO
5 Clock Tower Place, Ste. 200
Maynard, MA 01754
US
Phone: 978-897-1400
Fax: 978-897-1125

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