Business Services Industry

Boston Restaurant Associates, Inc. Opens Three New Pizzeria Reginas

Business Wire, Nov 17, 1999

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 the results and feel that the Providence market, as well as the Western Massachusetts market, are a great opportunity for the Company."

BOSTON RESTAURANT ASSOCIATES, INC. owns 13 Pizzeria Reginas and one Polcari's. In addition, the Company also franchises both Pizzeria Regina and Polcari's.

Statements about the company's future expectations, including future expansions, franchising, revenue and earnings, and all other statements in the press release other than historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time the Company's actual results could differ materially from expected results.

COPYRIGHT 1999 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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