does boston market have franchise

Full Answer

Can you buy a Boston Market franchise?

Franchising for Traditional Locations. Boston Market is not currently offering franchise opportunities to own and operate Boston Market restaurant units within the United States. However, we may develop a franchise program in the future and begin offering franchise agreements at that time.

What is Boston market known for?

Franchise Boston Market is a chain of fast casual restaurants known as “America’s Kitchen Table.” Specializing in ready-made rotisserie chickens and home-style sides, Boston Market prepares home-cooked food that you can enjoy in our restaurants or take away to enjoy with your family.

How many Boston market restaurants are there in the US?

Boston Market has its greatest presence in the Northeastern United States but also has a large presence in Florida, Texas, and California. As of January 2018, the chain has approximately 450 company-owned restaurant locations in 28 states, with 14,000 employees. In the early 2000s, Boston Market operated two locations in Toronto, Ontario, Canada.

Is Boston market owned by Boston Chicken?

Boston Market. Boston Market Corporation, known as Boston Chicken until 1995, is a chain of American fast casual restaurants headquartered in Golden, Colorado. It is owned by private equity firm Sun Capital Partners, which is headquartered in Boca Raton, Florida.

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Who owns Boston Market franchise?

Engage brands LLCAs of November 2020, the chain has approximately 346 company-owned restaurant locations in 28 states, Puerto Rico, and Ramstein-Miesenbach, with 14,000 employees....Boston Market.Current logo (April 2018–present)Trade nameBoston MarketRevenueUS$ 373 million (2020)OwnerEngage brands LLC, Rohan Group, (Jay Pandya)13 more rows

Is Boston Market owned by McDonald's?

It Was Owned by McDonald's From 2000 to 2007 Just about everyone knows that Chipotle was once owned by McDonald's, but the Golden Arches also once owned Boston Market, between 2000 and 2007. McDonald's quietly sold the company to Sun Capital Partners for an undisclosed sum in 2007.

How much did Boston Market sell for?

That 35-unit chain was then bought by Landry's in September for $37 million.

Who used to own Boston Market?

Boston Chicken became Boston Market in 1995. McDonald's bought the chain for $173.5 million in 2000. It is now owned by a private equity firm, Sun Capital Partners, and has more than 500 restaurants in 28 states.

Why did Boston Market change their name?

In 1995 the name was changed to Boston Market, to reflect the fact that the stores now sold other meats as main courses, including turkey, ham, and meatloaf.

What is Boston Market gravy made of?

Turkey Stock, Cooked Turkey, Modified Corn Starch, Turkey Fat, Salt, Wheat Flour, Autolyzed Yeast Extract, Onion Powder, Natural Flavors, Water, Xanthan Gum, Spice, Egg Yolk Solids, Whey Solids (Milk), Disodium Inosinate, Disodium Guanylate, Corn Maltodextrin, Caramel Color, Partially Hydrogenated Soybean Oil, Soy ...

How much did Mcdonalds sell Boston Market for?

$173.5 millionBoston Market was bought out of bankruptcy protection in 2000 by McDonald's after the chain was undone by growing too fast. McDonald's agreed to pay $173.5 million, which included debt assumption, for most of Boston Market's assets.

How many Boston Market locations are there?

303 Boston Market Locations303 Boston Market Locations in the U.S.

Who is the CEO of Boston Market?

Frances Allen (May 1, 2018–)Boston Market / CEO

When did Boston Market change its name?

As the restaurant gained steam and opened dozens of restaurants throughout the early '90s, those locations were also known by that moniker, but in 1995 the chain changed its name to the one you might recognize today: Boston Market.

Who owns Kentucky Fried chicken?

Yum! BrandsKFC / Parent organizationYum! Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of over 53,000 restaurants in 155 countries and territories under the company's concepts – KFC, Taco Bell, Pizza Hut and The Habit Burger Grill.

Is Boston Market considered fast food?

Boston Market is a fast casual restaurant chain with over 500 locations in 28 states. Because it is a fast casual restaurant, Boston Market prices are higher than fast food restaurants. The food they serve is considered to be of higher quality, fresher, and in most cases, healthier.

Is Subway owned by Mcdonalds?

The company itself does not own any Subway restaurants. McDonald's owns about 20% of its restaurants, with the remaining 80% owned and operated by independent franchisees.

Did McDonald's own Chipotle?

In October 2006, McDonald's fully divested from Chipotle. This was part of a larger initiative for McDonald's to divest all of its non-core business restaurants — Chipotle, Donatos Pizza, and Boston Market — so that it could focus on the main McDonald's chain.

Is Boston Market considered fast food?

Boston Market is a fast casual restaurant chain with over 500 locations in 28 states. Because it is a fast casual restaurant, Boston Market prices are higher than fast food restaurants. The food they serve is considered to be of higher quality, fresher, and in most cases, healthier.

Who is the CEO of Boston Market?

Frances Allen (May 1, 2018–)Boston Market / CEO

What is Boston Market?

Boston Market is a chain of fast casual restaurants known as “America’s Kitchen Table.”. Specializing in ready-made rotisserie chickens and home-style sides, Boston Market prepares home-cooked food that you can enjoy in our restaurants or take away to enjoy with your family.

When did Boston Market start?

Boston Market began in 1985 when founders Arthur Cores and Steve Kolow took a spit, started a fire and roasted their first chicken marinated with garlic and herbs. The first store opened as Boston Chicken in Newton, Massachusetts, and has since grown to more than 450 Boston Market locations nationwide with more than 10,000 employees.

What is Capriotti's sandwich shop?

Capriotti's Sandwich Shop is known for its unique culture, family-friendly atmosphere, high-quality ingredients, and a commitment to delivering outstanding customer service. If you’re looking to own a restaurant franchise with a sound business model, a low investment, high ROI, and food you’re always proud to serve, Capriotti's is the perfect opportunity for you.

Is Boston Market a franchise?

Boston Market is particularly looking to expand with franchise locations in unique settings, such as airports, hospitals, hotels, college campuses and others. Boston Market is not franchising traditional locations at present. For those considering a Boston Market franchise, an estimated initial investment totals $125,000

Is Boston Market a fast food restaurant?

Boston Market is a strong, immediately recognizable fast-casual restaurant and take-out brand, offering rotisserie chicken dishes at the core of its menu. In contrast to fast-food chicken and burger restaurants, Boston Market emphasizes wholesome food prepared with fresh ingredients, with no additives, hormones or steroids.

What chapter of the franchisee workbook is decision making tools?

The decision making tools in Chapter 15 of The Educated Franchise and in Step 13 of The Franchisee Workbook shows you how to honestly evaluate whether or not buying a Boston Market franchise is the right move for you.

Does a Boston Market Franchise Make Money?

A critical part of your due diligence is to build an estimated P&L (profit and loss statement) and see what the numbers might look like if you become a Boston Market franchisee. Reading Chapter 13 of The Educated Franchise teaches you the secrets of this key step.

What is Boston Market?

When it was known as Boston Chicken, restaurants specialized in rotisserie chicken and a variety of side dishes, but in February 1995, the chain expanded its menu to include turkey, meatloaf, and ham and changed the name to Boston Market in fall 1995 to reflect this. However, the corporate name remained "Boston Chicken, Inc." until 1997, when it became so popular with the new name, the corporate name was changed to "Boston Market Corporation." In 1996, the chain launched a line of sandwiches known as "Boston Carver Sandwiches" that feature chicken, turkey, ham, and meatloaf; in 1997, due to the success of the new line, the "Extreme Carver" sandwiches were launched, filled with more portions of the above meats and more cheese than the originals. In 2005, Boston Market also started offering limited-time offers, such as Crispy Country Chicken, an oven-baked chicken breast with gravy. Baked whitefish, haddock or cod was also offered on Fridays during Lent. Boston Market continues to introduce new items and flavors, such as their popular BBQ Ribs, Oven Crisp Chicken, and Parmesan Tuscan Chicken Premium Dish. In April 2018, Boston Market announced that it was expanding its menu to offer rotisserie prime rib nationwide, three days a week.

When did McDonald's buy Boston Market?

Boston Market was purchased by McDonald's Corporation in May 2000. McDonald's purchased the company for its real estate, but found the brand serviceable and therefore continued to operate and expand. In 2007, McDonald's announced that it was "exploring strategic options" for the subsidiary.

Why is Boston Pizza invalid?

In its defense, Boston Market alleged that Boston Pizza's trademarks were invalid because it described a style of pizza from a specific area. The dispute continued after Boston Market ceased operations in Canada in 2004.

How long did Boston Market use the word Boston?

The parties settled the dispute in 2008 under an agreement that Boston Market would not use the words "Boston" or "Boston Market" in Canada for five years for restaurants or any food or drink products (other than pre-packaged food products, but not including pizza and lasagna).

When was Boston Chicken founded?

Boston Chicken was founded by Steven Kolow and Arthur Cores in 1985 in Newton, a suburb of Boston. The chain expanded rapidly in the early and mid-1990s. The company raised a lot of debt to finance its expansion.

When did Boston Chicken start making bagels?

Boston Chicken created the Einstein Bros. Bagels chain of bakery cafés in 1995, after acquiring several smaller chains of bagel-centric bakeries. A selection of Boston Market-branded items have been available since April 1999 in many supermarkets across the United States.

When did Boston Market enter the Australian market?

In early 2002, Boston Market entered the Australian market, opening nine stores in the Sydney metropolitan area by 2004, before converting some stores to McDonald's and quietly exiting the Australian market later that year due to competitive pressures. In June 2016, Boston Market IP Company, Ltd., an affiliate of Boston Market Corporation, ...

What is Boston Market's signature food?

The food itself wasn't typically the problem at many Boston Market locations; consumers generally reacted favorably to the chain's signature combinations of rotisserie chicken, mashed potatoes, macaroni and cheese, cornbread, cinnamon apples, and steamed vegetables. But at many locations, store overhead — the parts of the restaurant's budget that you don't often think about, which includes things large and small, like rent and napkins — was excessively high.

What is the problem with Boston Market?

Boston Market seems to be having trouble striking this careful balance.

What caused the decline of Boston Market?

But a major misstep in the mid-1990s would contribute to the decline of Boston Market: The introduction of sandwiches at lunchtime, which marked the chain's entry into the hyper-competitive fast food space. According to a spokesperson for Boston Market, in a conversation with The Washington Post, the company was "going down the wrong track." To push the lunch offerings, they blanketed the market with too many coupons which ending up undercutting profits, but that wasn't the only drawback — the chain's image of being the "home meal replacement" took a hit, too. As a result, Boston Market's lunch business actually grew, but their dinner business fell.

How many calories are in Boston Market meal?

In a nod to what drives the purchases of modern consumers, Boston Market is also working to highlight the low sodium content of some of its meals, as well as recommending meal combinations that total less than 500 calories.

What sauce does Boston Market use?

According to then-CEO George Michel in a story by The Washington Post, customers were looking for "more fire in the food," which would explain the chain's addition of a sweet Thai chili garlic sauce and a honey habanero sauce to their menu.

When did Boston Chicken go public?

When the company went public in 1993 (operating then as "Boston Chicken"), the stock was priced at $20 per share. Within a day, the stock shot to about $49 per share, and would nearly double again by the end of 1996.

When did Boston Market go bankrupt?

A 1998 bankruptcy cut locations by two-thirds. Getty Images. The breakneck pace of Boston Market's location expansion in the early 1990s faced an abrupt course correction in 1998, when the company filed for bankruptcy protection.

Who owns Boston Market?

It has opened dozens of new locations since the acquisition, with 105 more in the pipeline for this year. Knowing the chain's history, the new owner Jay Pandya is cautiously optimistic that Boston Market is on the right path.

How many locations does Boston Market have?

After filing for bankruptcy and switching owners more than several times, the chain has gone from 1,200 restaurants in 1997 to its current 330 locations. It's safe to say that Boston Market doesn't dominate the fast-casual chicken market like it once used to, and declining sales show it has been steadily falling out of favor with customers.

How many Shutterstock stores are there?

Some 400 of those locations closed as a result of their 1998 bankruptcy filing, and their footprint kept shrinking further with every passing year. In 2019, the chain announced it was closing an additional chunk of 45 locations, leaving its current footprint at about 330.

How much did Boston Market lose in 2020?

The pandemic year was a tough one for the entirety of the restaurant industry, and Boston Market was no exception. In 2020, the chain saw a whopping 24.1% decline in sales compared to the previous year.

How many locations did the chain have in 1991?

In 1991, the chain had over 30 locations, in 1993, over 200. In 1997 the chain was at its peak footprint of 1,200 locations. However, in a rush to achieve this major expansion, the company allegedly ended up signing some of the most expensive leases in the restaurant industry, which eventually led to mounting debt.

When did Boston Market go bankrupt?

Boston Market has been around for what feels like forever. But the chain has fallen a long way from its glory days in the late '90s, when it was one of the most popular places to get fresh rotisserie chicken. After filing for bankruptcy and switching owners more than several times, the chain has gone from 1,200 restaurants in 1997 ...

When did McDonald's go bankrupt?

The chain filed for bankruptcy. In 1997 , profits were plummeting and the expansion came to a screeching halt. The following year, the chain filed for bankruptcy. Luckily, McDonald's, which was looking to invest in smaller brands at the time, bought a majority stake in Boston Market's business.

Overview

History

Menu

Trademark dispute

See also

External links