BNET Industries

Back Bay Restaurant Group Inc.

is in the Food Industry

Last Fiscal Year Sales:$119.0M

Private
US

Dow Jones Description

Back Bay Restaurant Group's founder, Charles F. Sarkis graduated from Georgetown University's business school in 1963 and returned home to Boston. In February of 1964, he opened his first restaurant, Boraschi's Villa in Boston's Back Bay. Every evening, Sarkis would stand at the front door of Boraschi's welcoming guests as if it was his own home. His vision was to provide guests with quality food and drink coupled with beautiful decor and excellent service. The constant execution of these basic principles became the foundation for Boraschi's success and also began to define Sarkis as a true restaurateur. In 1963, Sarkis decided to establish Back Bay Restaurant Group. By 1988, the company owned and operated 17 restaurants including Hillary's, Joe's American Bar and Grill and Charley's Eating and Drinking Saloon. In the late 1980's, Sarkis realized that the lifestyle of Northerners were changing and that their eating habits would likely follow. With the belief that much of what happens in the culinary world happens first in the west before traveling east, Sarkis spent a year traveling periodically to California and identifying eating trends. As a result of that effort, Papa Razzi Tratttoria & Bar opened in 1990 on Dartmouth Street in Boston. In 1992, Papa Razzi was voted "hot concept" by Nation's Restaurant News. Shortly after the creation of Papa Razzi, Sarkis took the company public, allowing the growth of the company to happen much quicker...

Chairman & CEO

Charles F. Sarkis

Number of Employees 2,600

Contact Information

284 Newbury St

Boston, Massachusetts 02115-2801

www.backbayrest...

(617) 536-2800

Peer Companies

NAICS Code Full-Service Restaurants: 722110

News & Analysis

back bay restaurant group inc. - All News and Analysis

Back Bay Restaurant Group Completes Merger

- 1999-04-05

BOSTON--BUSINESS WIRE--April 5, 1999--Back Bay Restaurant Group, Inc. (NASDAQ:PAPA) announced today the consummation of the merger of Back Bay with SRC Holdings, Inc., a corporation formed by Charles F. Sarkis, Back Bay's Chairman, President and Chief Executive Officer, pursuant to which SRC Holdings acquired Back Bay. Under the terms...

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Back Bay Restaurant Group Stockholders Approve Merger

- 1999-03-26

BOSTON--BUSINESS WIRE--March 26, 1999--Back Bay Restaurant Group, Inc. (NASDAQ:PAPA) announced that at a special meeting of its stockholders held earlier today, stockholders overwhelmingly approved the Agreement and Plan of Merger between Back Bay and SRC Holdings, Inc., a corporation formed by Charles F. Sarkis, Back Bay's Chairman, President and Chief...

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Back Bay Restaurant Group, Inc. Reports Fiscal Year and Fourth Quarter 1998 Financial Results

- 1999-02-23

BOSTON--BUSINESS WIRE--Feb. 23, 1999--Back Bay Restaurant Group, Inc. (NASDAQ: PAPA) announced today its operating results for the thirteen and fifty-two week periods ended December 27, 1998 and the thirteen and fifty-two week periods ended December 28, 1997. Net income for fiscal year 1998 was $2,684,000 or $0.73 per share...

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Head of Boston-Based Back Bay Restaurant Group Wants to Buy Back Company.

- 1998-12-02

Knight Ridder/Tribune Business News Dec. 3 -- Can Charlie Sarkis do what Joey Crugnale couldn't? Earlier this year Crugnale made a bid to take his publicly held restaurant chain, Bertucci's Inc., private. But another company, NE Restaurant Co., topped his offer and...

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Back Bay Restaurant Group, Inc. Reports Third Quarter 1998 Net Income

- 1998-10-23

BOSTON--BUSINESS WIRE--Oct. 23, 1998--Back Bay Restaurant Group, Inc. (NASDAQ:PAPA) announced today its operating results for the quarter and nine months ended September 27, 1998. Net income in the third quarter of 1998 increased by 45% to $546,000 from $376,000 in the third quarter of 1997. Fully diluted earnings per...

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Back Bay Restaurant Group, Inc. Reports First Quarter 1998 Financial Results

- 1998-05-01

BOSTON--BUSINESS WIRE--May 1, 1998--Back Bay Restaurant Group, Inc. (NASDAQ:PAPA) announced today its operating results for the thirteen-week period ended March 29, 1998. Net income in the first quarter of 1998 was $356,000 or $0.10 per share compared with a net loss of $89,000 or $0.03 per...

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Back Bay Restaurant Group reports fourth quarter and fiscal year 1995 financial results

- 1996-03-05

BOSTON--BUSINESS WIRE--March 5, 1996--Back Bay Restaurant Group, Inc. (NASDAQ:PAPA) announced today its operating results for the fourteen and fifty-three week periods ended December 31, 1995 and the thirteen and fifty-two week periods ended December 25, 1994.Net sales in the fourth quarter of 1995 increased 9.4% to $25,909,000 from $23,680,000 in...

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Back Bay Restaurant Group reports third quarter 1995 financial results

- 1995-10-26

BOSTON--BUSINESS WIRE--Oct. 26, 1995-- Back Bay Restaurant Group Inc. (NASDAQ:PAPA) announced today its operating results for the thirteen and thirty-nine weeks ended Sept. 24, 1995.Net sales in the thirteen week period increased 4.3 percent to $22,574,000 from $21,652,000 in the third quarter of 1994. Net income was $29,000 in...

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