BNET Industries
Last Fiscal Year Sales:$23.5M
- Public
- US
Dow Jones Description
Pizzerias & Full-Service Italian Restaurants Owner & Franchiser
President & CEO
George R. ChapdelaineNumber of Employees 425
Contact Information
6 Kimball Ln Ste 210
Lynnfield, Massachusetts 01940
(339) 219-0466
Peer Companies
NAICS Code Limited-Service Restaurants: 722211
News & Analysis
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boston restaurant associates inc. and business wire - All News and Analysis
Boston Restaurant Associates, Inc. Signs Franchise Agreement for Polcari's in Saudi Arabia
BOSTON--BUSINESS WIRE--Dec. 15, 1999-- Boston Restaurant Associates, Inc. (NASDAQ: BRAI) (BSE: BNR) Boston Restaurant Associates, Inc. announced today, that they signed a Franchise Agreement for the development of Polcari's Restaurant in Saudi Arabia. George R. Chapdelaine stated, "The first Polcari's is scheduled to open in Jeddah during...
Boston Restaurant Associates, Inc. Announces a Fifty Percent Increase in Income From Operations
BOSTON--BUSINESS WIRE--Dec. 2, 1999-- Boston Restaurant Associates, Inc. (NASDAQ:BRAI) (BSE:BNR) Boston Restaurant Associates, Inc. today announced a fifty percent increase in operating income before pre-opening costs. Income before pre-opening were $221,276 this quarter versus $153,473 for same period last year. Cash flow before pre-opening expenses was $389,146 compared...
Boston Restaurant Associates, Inc. - Three New Pizzeria Reginas
BOSTON--BUSINESS WIRE--Nov. 22, 1999-- Boston Restaurant Associates, Inc. (NASDAQ:BRAI) (BSE:BNR) George R. Chapdelaine commented today, "We are pleased with the performances of our three new stores, Kingston and Holyoke, Massachusetts and Providence, Rhode Island. Each of these stores exceeded budget for FY November." BOSTON RESTAURANT ASSOCIATES, INC. owns...
Boston Restaurant Associates, Inc. Opens Three New Pizzeria Reginas
BOSTON--BUSINESS WIRE--Nov. 17, 1999-- Boston Restaurant Associates, Inc. (NASDAQ:BRAI) (BSE:BNR) George R. Chapdelaine commented today, "We have opened three new Pizzeria Regina stores since the beginning of May, two in Massachusetts and one in Rhode Island. All three stores are out performing their budgeted sales. We are pleased with...
Boston Restaurant Associates, Inc. announces third quarter results
BOSTON--BUSINESS WIRE--March 15, 1996--BOSTON RESTAURANT ASSOCIATES, INC. (NASDAQ: BRAI, BRAIW) (BSE: BNR, BNRW) today announced the Company's third quarter results.In the third quarter, BOSTON RESTAURANT ASSOCIATES, INC. reported a $1,401,738 loss of which $821,598 is associated with the closure of its Framingham location. This loss represents depreciation, amortization and...
Boston Restaurant Associates Inc., has been assigned a line of credit from Haymarket Bank
BOSTON--BUSINESS WIRE--Jan. 24, 1996--George R. Chapdelaine, President and CEO of BOSTON RESTAURANT ASSOCIATES, INC., (NASDAQ: BRAI, BRAIW) (BSE: BNR, BNRW) announced that BOSTON RESTAURANT ASSOCIATES, INC. has been assigned a line of credit from HAYMARKET BANK.Initially, the money will be used for the conversion of the last...
Boston Restaurant Associates, Inc. chosen as 1996 stock pick by Lipton Financial Services
BOSTON--BUSINESS WIRE--Jan. 17, 1996--BOSTON RESTAURANT ASSOCIATES, INC. (NASDAQ: BRAI, BRAIW) (BSE: BNR, BNRW) announces that it has been chosen as a 1996 stock pick by Roger Lipton of LIPTON FINANCIAL SERVICES, New York, in a recent article dated December 21, 1995 in Restaurant Finance Monitor.George Chapdelaine, President and CEO...
Boston Restaurant Associates, Inc. reports December sales for its Pizzeria Regina chain
BOSTON--BUSINESS WIRE--Jan. 9, 1996--BOSTON RESTAURANT ASSOCIATES, INC. (NASDAQ: BRAI, BRAIW) (BSE: BNR, BNRW) announces December sales for its chain of seven Pizzeria Regina's.While the northeast experienced the softest Christmas sales in the nation, the Pizzeria Regina chain realized a 3% increase in same store sales. Many retailers and...
Boston Restaurant Associates, Inc. announces expansion of Polcari's North End in Saugus, Mass
BOSTON--BUSINESS WIRE--Nov. 27, 1995--George R. Chapdelaine, chief executive officer of Boston Restaurant Associates, Inc. (NASDAQ: BRAI, BRAIW) (BSE: BNR, BNRW) announced today that a separate lounge will be added to Polcari's North End restaurant in Saugus, Massachusetts.This new lounge will have a 50's motif and will seek to enhance the...
Boston Restaurant Associates, Inc. announces Pizzeria Regina to open at Solomon Pond Mall
BOSTON--BUSINESS WIRE--Nov. 20, 1995--GEORGE R. CHAPDELAINE, CHIEF EXECUTIVE OFFICER OF BOSTON RESTAURANT ASSOCIATES, INC. (NASDAQ: BRAI, BRAIW) (BSE: BNR, BNRW) announced today that it has signed a lease to build a Pizzeria Regina in the food court of the new million plus square foot Solomon Pond Mall, located in Marlborough,...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| George R. Chapdelaine | President & CEO |
| Fran V. Ross | Cfo & Vice President |
| Robert Fabrizio | Chief Accounting Officer |
| Anthony A. Buccieri | Vice President, Operations |
| Susan Sinkelstein | Vice President, HR |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Edward P. Grace | Board of Directors |
| Hugh Devine | Board of Directors |
| John P. Polcari | Board of Directors |
| Peter E. Salas | Board of Directors |
| Robert C. Taft | Board of Directors |
| Roger Lipton | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Boston Restaurant Associates, Inc. | President & CEO | Current |
| Boston Restaurant Associates, Inc. | President & CEO | Current |
| Organization | Position | Status |
|---|---|---|
| Boston Restaurant Associates, Inc. | Cfo & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Boston Restaurant Associates, Inc. | Chief Accounting Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Boston Restaurant Associates, Inc. | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Boston Restaurant Associates, Inc. | Vice President, HR | Current |
| Boston Restaurant Associates, Inc. | Coordinator, Legal | Former |
| Organization | Position | Status |
|---|---|---|
| Boston Restaurant Associates, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Boston Restaurant Associates, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Boston Restaurant Associates, Inc. | Board of Directors | Current |
Peter E. Salas is ACT's Executive Chairman of the Board of Directors. He was appointed Principal Executive Officer by the Board in March 2007 and as Chairman in August 2005. Mr. Salas has served as President of Dolphin Asset Management Corporation and its related companies since their founding in 1988. Dolphin Direct is a New York-based private equity fund that invests in micro-cap opportunities. He served as the lead investor in ACT's August 2005 Series AA Convertible Preferred Stock offering. Prior to establishing the Dolphin entities, Mr. Salas served in various capacities for ten years at J.P. Morgan Investment Management, Inc. He received an A.B. degree in Economics from Harvard in 1978. Mr. Salas also serves as Chairman of the Board of Directors of Tengasco, Inc., and on the Boards of Directors of Williams Controls, Inc. and Southwall Technologies Inc.
| Organization | Position | Status |
|---|---|---|
| ACT Teleconferencing, Inc. | Interim Chief Executive Officer and Chairman of the Board of Directors | Current |
| Williams Controls, Inc. | President, Dolphin Asset Management | Current |
| The Dolphin | Founder | Current |
| Tengasco, Inc. | Chairman of the Board | Current |
| Southwall Technologies Inc. | Board of Directors | Current |
| Williams Controls, Inc. | Board of Directors | Current |
| Boston Restaurant Associates, Inc. | Board of Directors | Current |
| J.P. Morgan & Co. | Former | |
| ACT Teleconferencing, Inc. | Board of Directors | Former |
| Harvard Corporation | Artium Baccalaureatus, Economics | Former |
| Harvard University | A.B. Degree In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Boston Restaurant Associates, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Boston Restaurant Associates, Inc. | Board of Directors | Current |
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