| Business Summary | | Boston
Restaurant
Associates
Inc.
operates
a
chain
of
16
restaurants:
12
fast
service,
high
volume
pizzerias
under
the
Pizzeria
Regina
name,
and
four
full
service
family-style
Italian/American
restaurants
under
the
Polcari's
North
End
name.
Of
the
12
Pizzeria
Regina
restaurants,
11
are
food
court
kiosks
(self-service,
take-out
style
emphasizing
pizza
slices
with
common
area
seating),
while
the
original
1926
North
End
Pizzeria
Regina
is
a
wait
service
restaurant
(full-service
style
emphasizing
whole
pizzas
with
in-restaurant
seating).
A
majority
of
the
restaurants
are
located
in
the
Boston,
Massachusetts
metropolitan
area. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BRAI
owns
and
operates
a
chain
of
12
pizzerias
under
the
Pizzeria
Regina
name
and
four
family-style
Italian/American
restaurants
under
the
Polcari's
North
End
name.
For
the
fiscal
year
ended
4/29/01,
revenues
rose
36%
to
$21.7
million.
Net
loss
totalled
$2.5
million
vs.
an
income
of
$66
thousand.
Revenues
reflect
the
opening
of
three
Pizzeria
Regina
kiosks
and
three
bistro
restaurants.
Earnings
were
offset
by
a
$1.8
million
litigation
cost
and
a
$580
thousand
asset
impairment
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| George Chapdelaine, 55 Pres,
CEO, Director | $220K | Anthony Buccieri, 45 VP-Operations | 109K | Fran Ross, 53 VP,
CFO | 107K | Dollar amounts are as of 30-Apr-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|