U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM "10-QSB/A"
[X] Quarterly report under Section 13 or 15(d) of the Securities
Exchange Act of 1934.
For the quarterly period ended July 28, 1996.
[ ] Transition report under Section 13 or 15(d) of the
Securities Exchange Act of 1934.
For the transition period from __________ to __________.
Commission File Number
0-18369
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BOSTON RESTAURANT ASSOCIATES, INC.
----------------------------------------------------------
(Name of Small Business Issuer as Specified in its Charter)
Delaware 61-1162263
- ------------------------------- -------------------
(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification No.)
205 Portland
Boston, Massachusetts 02114
----------------------------
(Address of Principal
Executive Offices)
(617) 720-5684
--------------------------
(Issuer's Telephone Number
including area code)
Check whether the issuer: (1) filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act of 1934 during the past 12
months (or such shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements for the past 90
days. Yes X No
---- ----
As of September 7, 1996, 5,015,293 shares of the issuer's Common Stock,
par value $.01 per share, were outstanding.
<PAGE>
PART II
ITEM 1. Legal Proceedings.
No material litigation.
ITEM 2. Changes in Securities.
None.
ITEM 3. Defaults Upon Senior Securities.
None.
ITEM 4. Submission of Matters to a Vote of Security Holders.
None.
ITEM 5. Other Information.
None.
ITEM 6. Exhibits And Reports On Form 8-K.
(a) Exhibits.
Exhibit
Number Exhibit
27 Financial Data Schedule
(b) Reports On Form 8-K.
None.
2
<PAGE>
SIGNATURES
In accordance with the requirements of the Securities Exchange Act of
1934, the registrant caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
BOSTON RESTAURANT ASSOCIATES, INC.
Date: November 7, 1996 By: /s/ George R. Chapdelaine
--------------------------------
George R. Chapdelaine, President
and Chief Financial Officer
3
<PAGE>
EXHIBIT INDEX
Exhibit Page or
Number Reference
- ------- ---------
27 Financial Data Schedule
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CONDENSED
CONSOLIDATED BALANCE SHEETS AS OF JULY 28, 1996 AND APRIL 28, 1996 (UNAUDITED)
AND CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS FOR THE THIRTEEN WEEKS ENDED
JULY 28, 1996 AND JULY 30, 1995 (UNAUDITED) AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000926295
<NAME> BOSTON RESTAURANT ASSOCIATES, INC.
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> APR-28-1996
<PERIOD-START> APR-29-1996
<PERIOD-END> JUL-28-1996
<EXCHANGE-RATE> $1.00
<CASH> $145,443
<SECURITIES> 0
<RECEIVABLES> $46,331
<ALLOWANCES> 0
<INVENTORY> $234,691
<CURRENT-ASSETS> $471,906
<PP&E> $2,906,606
<DEPRECIATION> 0
<TOTAL-ASSETS> $4,137,555
<CURRENT-LIABILITIES> $1,995,855
<BONDS> 0
0
0
<COMMON> $50,150
<OTHER-SE> $8,953,788
<TOTAL-LIABILITY-AND-EQUITY> $4,137,555
<SALES> $2,798,851
<TOTAL-REVENUES> $2,800,240
<CGS> $659,325
<TOTAL-COSTS> $2,702,933
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> $21,046
<INCOME-PRETAX> $76,261
<INCOME-TAX> 0
<INCOME-CONTINUING> $95,918
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> $76,261
<EPS-PRIMARY> $0.02
<EPS-DILUTED> $0.02
</TABLE>
