August 28, 2016 3:24 PM ET

Hotels, Restaurants and Leisure

Company Overview of Boston Market Corporation

Company Overview

Boston Market Corporation operates a chain of restaurants in the United States. Its menu include ribs and meatloaf, turkey, family meals, sides, soups and salads, desserts, and others food items and drinks for families and individuals. The company also provides catering and same-day orders and delivery services for corporate, personal events, and other occasions. Boston Market Corporation was formerly known as Boston Chicken, Inc. and changed its name to Boston Market Corporation in February 1995. The company was founded in 1985 and is based in Golden, Colorado. Boston Market Corporation is a former subsidiary of McDonald's Corp.

14103 Denver West Parkway

Golden, CO 80401

United States

Founded in 1985

12,470 Employees

Phone:

303-278-9500

Fax:

303-216-5339

Key Executives for Boston Market Corporation

Chief Executive Officer
Senior Vice President and Chief Financial Officer
Chief Executive Officer - Boston Market Concept and President - Boston Market Concept
President of Boston Market Concept
Age: 61
Senior Vice President, Secretary and General Counsel
Age: 58
Compensation as of Fiscal Year 2016.

Boston Market Corporation Key Developments

Boston Market IP Company, Ltd. to Bring Restaurants to Seven Middle Eastern Countries

Boston Market IP Company Ltd., an affiliate of Boston Market Corporation, has signed an area development agreement with Al-Ghunaim Trading Co. Ltd. that will open dozens of Boston Market restaurants in the Middle East. Al-Ghunaim Trading Co. has agreed to develop Boston Market restaurants in Kuwait, Oman, Bahrain, The Kingdom of Saudi Arabia, Lebanon, Qatar, and Jordan. The agreement is part of a plan by Boston Market to open 25-30 restaurants across the Middle East over the next few years. The company plans to open its first restaurant in Kuwait as part of this agreement in 2016 or early 2017. This development agreement marks the continuation of the expansion of Boston Market, including domestic expansion with recent openings in New York, Florida, Georgia, Virginia, South Carolina, Missouri, and Texas. The company is planning to open 12 new restaurants in 2016.

Boston Market Teams Up with Army & Air Force Exchange Service to Open Restaurants

Boston Market has teamed up with the Army & Air Force Exchange Service (Exchange) to open restaurants on military bases across the country. In July, the Exchange opened a Boston Market restaurant at Fort Jackson, South Carolina, its third on a military installation. Fort Jackson is the large and most active Initial Entry Training Center in the U.S. Army, training more than 45,000 soldiers every year. The new Fort Jackson restaurant is located at 4110 Moseby St. in Fort Jackson, South Carolina. The restaurant opening at Fort Jackson is part of a new expansion effort for Boston Market. Last year, the company signed an agreement with the Exchange to open Boston Market restaurants on military bases, including Fort Meade in Maryland and Fort Bliss in Texas, both of which opened last fall. Additional restaurants are planned for the remainder of 2015. Beyond taking restaurants to military installations, Boston Market is also recruiting former service members to join its ranks. In particular, Boston Market is collaborating with military placement and transition offices and utilizing military and veteran job posting boards to attract prospective candidates.

Boston Market Launches New Slow Braised Pulled Pork

Boston Market announced the addition of Slow Braised Pulled Pork to its menu for a limited time only. Available now through May 31, the new Slow Braised Pulled Pork is first seared, and then braised in its own natural juices for hours until it is so tender it falls apart. Guests can then choose to have it topped with either a traditional Zesty Sweet BBQ or Garlic Citrus Sauce for a more contemporary flavor. Meal choices include: Slow Braised Pulled Pork paired with Signature Rotisserie Chicken Platter, served with two classic sides and homemade cornbread. Slow Braised Pulled Pork Platter, served with two classic sides and homemade cornbread. Pulled Pork Sandwich Served on White or Multi-Grain Artisan Bread. Pulled Pork will also be served a la carte and in family meals as well as through catering.

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Recent Private Companies Transactions

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