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Boston Market

restaurants
PE-OWNED

Fast-casual restaurant chain specializing in rotisserie chicken and home-style sides.

PE-OWNED

Acquired by Sun Capital Partners2007-04-27

View PE Firm Profile

What Made It Great

Healthy rotisserie chicken with homestyle comfort food sides

What PE Will Likely Do

Portion sizes of rotisserie chicken and side dishes will be reduced while maintaining or increasing prices

HIGH LIKELIHOODBased on: Sun Capital Partners' track record of cost-cutting and brand value extraction in previous acquisitions, which often leads to a decline in product quality and customer satisfaction

Cheaper, lower-quality ingredients will be substituted for the original fresh, high-quality ingredients in the side dishes

HIGH LIKELIHOODBased on: The industry playbook for private equity firms in the restaurant sector, which outlines common tactics like portion reduction, ingredient substitution, and labor minimization

Menu variety will be reduced to focus on only the highest-margin items, with fewer options for customers

HIGH LIKELIHOODBased on: The specific examples of past Boston Market and other restaurant chain acquisitions that have resulted in bankruptcy or significant brand damage

Staffing in the kitchens and on the service floor will be minimized, leading to slower service and potentially lower food quality

HIGH LIKELIHOODBased on: The specific examples of past Boston Market and other restaurant chain acquisitions that have resulted in bankruptcy or significant brand damage

Franchise fees and requirements will be increased, putting financial strain on franchisees and potentially leading to more store closures

HIGH LIKELIHOODBased on: The specific examples of past Boston Market and other restaurant chain acquisitions that have resulted in bankruptcy or significant brand damage

Expected Timeline

0-6 monthsCompleted

0 to 6 months months

Minor changes to menu pricing and portion sizes begin, with some less profitable menu items removed

6-12 monthsYOU ARE HERE

6 to 12 months months

Noticeable reductions in portion sizes and quality of side dishes, such as mashed potatoes and mac and cheese, as cheaper ingredients are introduced

12-24 months

12 to 24 months months

Regular customers start noticing a significant decline in the quality and taste of the rotisserie chicken and side dishes, with fewer menu options available

24-36 months

24 to 36 months months

Store closures accelerate as franchisees struggle with increased fees and requirements, and the brand's reputation for quality and value is severely damaged

36+ months

36+ months months

Potential bankruptcy or sale of the Boston Market brand to another operator, who may attempt to revive the brand by restoring the original quality and menu offerings

Similar Cases

Other companies that followed a similar path after PE acquisition

What You Can Do

Actions

  • Be aware of the potential changes in quality and value at Boston Market locations, and consider alternative restaurants that prioritize fresh, high-quality ingredients and customer service

  • Voice concerns and feedback to Boston Market management or franchisees to advocate for maintaining the brand's original standards of food quality and customer experience

  • Consider supporting local, independent restaurants that may offer a better dining experience than the potentially declining Boston Market brand

Alternatives

Darden Restaurants (Olive Garden, LongHorn)SAFE

Publicly traded restaurant group

Local independent restaurantsSAFE

Support local businesses in your area

Share this company's PE status

"Boston Market is now PE-owned. Here's what that means for you."