|
Get Full Access To This Report | or | Upgrade to PrivCo Premium |
| $99 Single Company Access | Instant Full Site-Wide Access Currently 50% Off Until May. 31! |
Boston Market Corporation
Business Summary
Boston Market Corporation is a privately held fast-casual restaurant and formerly known as Boston Chicken, Inc. It owns and operates more than 500 restaurants and retail food service stores under the Boston Market brand. Boston Market Corporation specializes in fresh and home style entrees of turkey, chicken, ham and meat loaf as well as sandwiches and a variety of freshly prepared salads and other side dishes such as macaroni and cheese, mashed potatoes and stuffing. In addition to its restaurants, Boston Market Corporation sells retail frozen food items and additional products through a licensing deal with H. J. Heinz. Boston Market Corporation is owned by Sun Capital Partners, an investment firm that took the company private in August 2007. Founded in 1985, Boston Market Corporation is headquartered in Golden, Colorado.
Overview & Corporate Organization
Basic Information
| Company Tags: | PE Backed |
| Year Founded: | 1985 |
| Formerly Named: | Boston Chicken, Inc. |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Golden |
| State/Province: | Colorado |
| Country: | United States |
| Website: | www.bostonmarket.com |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Hospitality & Leisure > Restaurants > Casual Dining Restaurants |
| Hospitality & Leisure > Restaurants > Fast-Food Restaurants |
| Hospitality & Leisure > Restaurants > Theme-Based Restaurants |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Competitors
| Panera Bread |
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Income Statement | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
| Revenues | View | View | View | View | View | View | $695,000,000 | $675,000,000 | $839,500,000 | $769,750,000 | $700,000,000 |
| Employee Figures | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
| Total Employees | View | View | View | View | View | ||||||
| Productivity (Revenue/Employee) | View | View | View | View | View |
| Financial Notes: | |
| * | Boston Market Corporation fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all Boston Market Corporation financials to Excel and create your own graphs.)
To view the graphs below, unlock this company report for $99 or Upgrade to a PrivCo Premium Subscription for site-wide access to all PrivCo private company research reports.
Boston Market Corporation Revenues ($ MM): |
Boston Market Corporation Total Employees: |
Boston Market Corporation Productivity (Revenue/Employee) ($): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | May. 2000 | Completed | Boston Market Corporation | McDonald's Corporation | Acquisition | Unspecified |
| Details | Aug. 2007 | Completed | View | View | Acquisition Leveraged Buyout (LBO) Take Private | View |
Missing a deal? Tell us about it! tips@privco.com
Public / Private History (PPH™)
| Date | Deal Type | Action | Resulting Status | Valuation | Amount Raised | Public Ticker | |
| Details | Dec. 1993 | IPO | Final (Went Public) | Public1 | BOSTQ | ||
| Details | Aug. 2007 | View | View | View | View | View | View |
| 1 | To accumulate capital for even more growth, Boston Chicken went public in November 1993. Enthusiastic investors bought heavily as Boston Chicken's stock price soared. - Details → |
Bankruptcy & Restructuring
| Type | Date Entered | Date Exited | Assets | Liabilities | |
| Details | Chapter 111 | Oct. 1998 | Unspecified | $900,000,000 |
| 1 | Boston Market filed for bankruptcy protection in October 1998 and did not file annual financial reports after that date. The company had accrued $900 million in debt at the time of its bankruptcy. - Details → |
Detailed Business Description: Boston Market Corporation
Boston Market Corporation is a chain of American fast-casual restaurants. It maintains relationships with a variety of suppliers of fresh vegetables, proteins, fruits, and other produce, paper and plastic products, spices and seasonings, small wares, equipment, furniture, fixtures and other items and services. Boston Market Corporation also offers online order coupons. It owns a 51.9% of stake in Einstein/Noah Bagel Corp. (ENBC), an operator of specialty retail bagel stores. In 1995, Boston Market made an investment in ENBC, which was created through the combination of regional bagel retailers.
Beginning of Boston Market Corporation in 1980's:
Boston Market Corporation, formerly known as Boston Chicken Inc. was established in 1985 by two young friends Mr. Arthur Cores and Mr. Steven Kolow. The two men rented a small and vacated store in Newton, Massachusetts and opened their doors to business in 1985. Customers began flocking to the take-out chicken store. In late 1985, growing… Continue Reading →
Supplemental Resources
|
Get Full Access To This Report | or | Upgrade to PrivCo Premium |
| $99 Single Company Access | Instant Full Site-Wide Access Currently 50% Off Until May. 31! |







