Boston Restaurant Associates, Inc. to Open Polcari's in Woburn October 5.Business Editors BOSTON--(BUSINESS WIRE)--Oct. 3, 2000 Boston Restaurant Associates, Inc. (BSE See Bombay Stock Exchange. BSE See Boston Stock Exchange (BSE). : BNR BNR Bulgarian National Radio BNR Banca Nationala a României (National Bank of Romania) BNR Biological Nutrient Removal (sewage treatment) BNR Bell Northern Research BNR Body Not Recovered BNR Big Nerd Ranch ) Boston Restaurant Associates, Inc. announced today that the newest Polcari's North End Restaurant will open to the public on October 5. Located on Montvale Avenue, Woburn, just west of Route 93, this restaurant will initially seat 195 person with facilities to accommodate private parties as well as public dining. George R. Chapdelaine, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Boston Restaurant Associates, Inc. said, "We expect this location to be our new `flagship', considering the density of population in this area, the capacity of this restaurant and the reputation that our nearby Polcari's in Saugus has earned over the last five years. Our Saugus location is approaching capacity. Its sales volume almost doubling over the five years in operation, so Woburn will allow us to better satisfy the dining public." BOSTON RESTAURANT ASSOCIATES, INC. owns 13 Pizzeria Reginas and two 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. The Company intends that such forward-looking statements be subject to the safe harbors Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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. |
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