BOA-BAO

What BOA-BAO does

BOA-BAO is a privately-held multi-location Asian restaurant chain operating in the Iberian Peninsula since its founding in 2016. The concept is inspired by 1920s Asian street markets and serves authentic cuisine from 13 Asian countries across three restaurants: Lisbon (opened 2017 in the Chiado district), Porto (opened 2018), and Barcelona (opened 2019 on Gran Via near Plaça de Catalunya). The kitchens are staffed by native chefs drawn from the countries whose cuisine they represent, which is the operational core of the brand's authenticity claim.

The company's revenue model combines dine-in service across its three locations with several complementary channels: takeaway orders placed by phone or in-person, on-demand delivery through Glovo, gift vouchers denominated at €20, €30, and €50, and group dining experiences such as the "Menu Lotus" at €47 per person. The brand has also extended into a takeaway sub-brand called Boa Kitchens operating in the Benfica area of Lisbon, and has established a co-marketing partnership with Thai Spa in Barcelona that bundles dining with massage services.

BOA-BAO operates with approximately 44 employees across its three restaurants. It has no disclosed funding, no parent company, and no public information on its management team or owners. Its go-to-market relies entirely on third-party platforms for delivery, reservations, and discovery — Glovo for delivery, TheFork and Covermanager for reservations, and Zomato and TripAdvisor for review-driven discovery. No AI capabilities, patents, certifications, or industry awards are disclosed in the available source material.

Name

BOA-BAO

Legal name

BOA-BAO

Website

https://boabao.pt

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

BOA-BAO is a privately-held Asian restaurant chain operating three locations in Lisbon, Porto, and Barcelona, serving authentic cuisine from 13 Asian countries inspired by 1920s Asian street markets. Revenue combines dine-in, takeaway, delivery, gift vouchers, and group dining events.

Ownership category

akta.pro rank

Product category

Asian Restaurants

NAICS

Full-Service Restaurants (722511)

SIC

Retail-Eating & Drinking Places (5810), Retail-Eating Places (5812)

akta.pro primary industry

Ethnic & Regional Cuisine Restaurants (THAFACAD)

akta.pro secondary industry

Asian Fast Casual (Pan-Asian, Chinese, Japanese, Thai, Korean) (THAFABAE)

Keywords

• Asian restaurant chain
• Southeast Asian cuisine
• Restaurant dining services
• Food delivery service
• Authentic Asian food

Headquarters

HQ city

Lisbon

HQ country

Portugal

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Restaurant Dining: Revenue from dine-in customers at three restaurant locations (Lisbon, Porto, Barcelona)
2. Takeaway: Direct takeaway orders placed by phone or in-person at restaurant locations
3. Delivery: Food delivery orders placed through Glovo platform
4. Vouchers/Gift Cards: Gift vouchers sold in denominations of 20€, 30€, and 50€
5. Group Dining Events: Private group dining with dedicated menu options (Menu Lotus)

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

BOA-BAO operates three full-service Asian restaurants in Lisbon, Porto, and Barcelona, serving authentic, non-fusion cuisine from 13 Asian countries (China, Thailand, Indonesia, Malaysia, Vietnam, Cambodia, Laos, Taiwan, Singapore, Korea, Japan, Philippines, India) prepared by experienced chefs, many native to those countries. The core offer covers dine-in, takeaway, and delivery (via Glovo) plus group/event dining menus (Menu Lotus), gift vouchers in €20/€30/€50 denominations, signature cocktails and mocktails, and at Barcelona a combined Thai Spa Massage and dining experience.

Product overview

BOA-BAO is a multi-location Asian restaurant chain operating three locations in Lisbon (since 2017), Porto (since 2018), and Barcelona (since 2019). The core offering consists of authentic Asian cuisine inspired by markets from the 1920s, featuring dishes from China, Thailand, Indonesia, Malaysia, Vietnam, Cambodia, Laos, Taiwan, Singapore, Korea, Japan, Philippines, and India. The product portfolio includes the core restaurant dining experience across three locations, supplemented by delivery/takeaway services, gift vouchers in €20/€30/€50 denominations, a full menu of Asian dishes with cocktails and drinks, and a Thai Spa massage option at the Barcelona location. The restaurants operate on an 'Asian Food Journey' concept, offering shared dishes prepared according to original recipes with authentic ingredients.

Differentiator

Problem solved

Functional benefit

Brands

• Boa Kitchens: A takeaway pickup location mentioned in Benfica area of Lisbon for takeaway orders.

Products and services

• BOA-BAO Restaurant Lisboa Flagship Asian restaurant located at Largo Rafael Bordalo Pinheiro in Chiado, Lisboa, serving authentic dishes from China, Thailand, Indonesia, Malaysia, Vietnam, Cambodia, Laos, Taiwan, Singapore, Korea, Japan, Philippines, and India since 2017.
• BOA-BAO Restaurant Porto Asian restaurant in Porto's historic center (Rua da Picaria) open since 2018, featuring traditional Southeast Asian cuisine including dim sums, baos, curries, soups, and woks for sharing.
• BOA-BAO Restaurant Barcelona International expansion of the BOA-BAO concept opened in 2019 in Barcelona's Eixample district near Passeig de Gràcia, maintaining the original Portuguese concept with traditional Southeast Asian cuisine.
• BOA-BAO Delivery & Takeaway Service Home delivery and takeaway service allowing customers to enjoy BOA-BAO's Asian cuisine at home, available via phone, in-person, through the Boa Kitchens pickup point in Benfica, and via Glovo delivery platform across all three cities.
• BOA-BAO Gift Vouchers Gift voucher options available in denominations of €20, €30, and €50, offered as gifts for special occasions and ordered via email ([email protected]).
• Menu Lotus (Group Dining Menu) Dedicated group dining menu priced at €47.00 per person, designed for private group events and celebrations of 10+ people across all BOA-BAO locations.
• Thai Spa Massage & BOA-BAO Combined dining and Thai massage experience available at the Barcelona location, offering a complete relaxation journey pairing Asian dining with a Thai spa massage session.
• Asian Food Journey Menu Comprehensive menu featuring authentic Asian dishes including original recipes, signature cocktails, mocktails, and Asian beers, with vegan and gluten-free options available across all three locations.

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• GlovocoreChannel Partner/ Reseller/ DistributorDelivery partnership for food delivery service across all three BOA-BAO locations in Lisbon, Porto, and Barcelona. Customers can order delivery through the Glovo app.
• TheForkcoreChannel Partner/ Reseller/ DistributorOnline reservation platform used for table bookings at BOA-BAO Barcelona and other locations
• CovermanagercoreChannel Partner/ Reseller/ DistributorOnline reservation management system used across BOA-BAO locations for managing table bookings
• ZomatominorGTM or Marketing PartnerRestaurant discovery and review platform providing online visibility and customer reviews in Portugal
• TripAdvisorminorGTM or Marketing PartnerTravel and restaurant review platform providing international customer visibility and reviews

Scale indicators4 records

Recent moves9 records

Expansion highlights3 records

Direct peers

• Itsu: Pan-Asian fast-casual/dining hybrid with takeaway and delivery-heavy operations across the UK and Europe. Comparable in cuisine breadth and channel mix (dine-in, takeaway, delivery) to BOA-BAO's multi-format offering.
• Yo! Sushi: Japanese-rooted pan-Asian chain operating dine-in and takeaway locations across the UK and Europe. Directly comparable Asian-casual concept with multiple formats and brand-led expansion.
• Wagamama: UK-founded pan-Asian restaurant chain offering a multi-country Asian menu with table service. Most directly comparable to BOA-BAO in concept breadth and casual full-service positioning, though at significantly larger scale.
• Pho: Vietnamese-rooted pan-Asian casual restaurant chain operating in the UK and a handful of European cities. Comparable ethnic-Asian specialist positioning with dine-in and delivery channels.
• Busaba Eathai: Thai-focused Asian casual dining chain in the UK with a multi-country Asian menu and delivery partnerships. Closely comparable on cuisine coverage and casual full-service model.
• Din Tai Fung: Globally recognized Taiwanese restaurant group with a flagship Asian-cuisine concept (notably dim sum). Comparable on authentic-specialist positioning with international expansion discipline.
• Tattu: UK-based contemporary Asian restaurant concept with premium positioning, design-led interiors, and cocktail program. Comparable to BOA-BAO on atmospheric brand identity and event-friendly group dining.

Broad incumbents

• Haidilao: Global Chinese hot-pot chain with strong international footprint and brand recognition. Comparable as an authentic-Asian full-service operator, though its single-cuisine (hot pot) focus differs from BOA-BAO's pan-Asian breadth.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/boabaolisboa
• Instagraminstagram.com/boabao.restaurant
• LinkedInlinkedin.com/company/boa-bao

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BOA-BAO