Tag: franchising

Pancake House to enter Saudi Arabia

By: – Reporter / @philbizwatcher / / 01:09 AM February 01, 2018

Max’s Group Inc. (MGI), the country’s leading casual dining chain operator, is scaling up its overseas footprint by bringing its Pancake House restaurant brand to the Kingdom of Saudi Arabia.

MGI signed a partnership deal with an Arabian group, Al-Bader National Establishment for Real-Estate Development, to open 12 Pancake House stores in this territory within the next five years.

This deal is MGI’s curtain-raiser for 2018 in terms of overseas expansion initiatives.

Pancake House – one of the brands seen to have a big potential to be accepted by a broader international audience and not just the overseas Filipino community – is a popular homegrown chain that serves pancakes, waffles, tacos, spaghetti and pan-fried chicken.

“Our international business continues to build on its momentum sustained from last year. We are excited with the prospect of entering a familiar territory this time around with another one of our loved brands. We believe the brand’s attributes and offerings will successfully make its way into the mainstream population,” MGI president and chief executive officer (CEO) Robert Trota said in a press statement on Wednesday.

MGI’s local partner, Jeddah-based Al-Bader, is a 17-year-old company which is primarily engaged in real estate trading,property development, commercial operations of shopping malls and furnished apartments. It recently entered the food and beverage business by selectively partnering with reputable global food names. Armed with a strong real estate background, it plans to invest in complementary industries such as food and tourism.

“We are excited to bring Pancake house to Saudi Arabia. We have been searching for a renowned brand to spearhead our venture into the food sector with the intention to deploy a substantial amount of investment. We find the brand’s assorted menu mix and all-day dining concept appealing to various demographic profiles. Moreover, we have experienced the brand ourselves as customers, and are now thrilled to become part of the Max’s Group family. We thank them for entrusting us and look forward to a lasting partnership,” Al- Bader CEO Badr Hamdi Hamed Albalawi said.

As part of its globalization program, MGI plans to open 20 to 30 new overseas outlets for 2018 primarily across core brands Max’s Restaurant, Pancake House and Yellow Cab Pizza. It aims to end the year with around 75 to 80 stores abroad.

Pancake House, for its part, currently operates seven overseas franchised outlets in Malaysia and United Arab Emirates. It plans to add at least two more branches in the United Arab Emirates and open its first store in Qatar this year.

 

*This story is copied from the article published by the Philippine Daily Inquirer and is available online at http://business.inquirer.net/245114/pancake-house-set-shop-saudi-arabia

Resto chain targets to roll out 80 stores by Q1

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By Bernie Cahiles-Magkilat

The Bistro Group is targeting to roll out as much as 80 new stores by the end of this quarter as part of its ongoing expansion program.

Jean Paul Manuud, President and COO, revealed this expansion program after the restaurant operator ended 2017 on a high note, which saw the opening of more branches  in December.

The group opened Bulgogi Brothers in Evia Lifestyle Center; TGI Fridays in Southwoods; Denny’s in Eastwood;   and TGIFridays in Cebu;  as well as recent news on The Bistro Group foray into sub- franchising of five of its concepts namely, Bulgogi Brothers, Denny’s, Baker & Cook, Ka Tunying’s Café and Fish & Co.

According to Manuud, the company rolls into 2018 with the same success and upbeat mood, setting its sights on more locations and more branches in Metro Manila and key cities in the country.

Already in the pipeline in the first quarter alone are the store openings of Denny’s in Cebu and NAIA Terminal 1 and Fish & Co. in Uptown Mall BGC and Venice Grand Canal in McKinley Hill with the target of reaching 80 stores by March 2018.

The Bistro Group also recently acquired  four franchises of a local brand, Hukad sa Golden Cowrie. The first franchised store under Bistro opened last January 8, at McKinley Hill. Hukad is a Cebu-based restaurant famous in the South for its homestyle Filipino and Cebuano fare. Another branch is set to open at Southwoods Mall in Biñan, Laguna first quarter of  this year.

“Patrons of Bistro restaurants can also look forward to more exciting  dining options,” added Manuud.

Conceived by Executive Corporate Chef Josh Boutwood in collaboration with The Bistro Group are two homegrown concepts namely Savage which will open its doors in February, and Helm that is expected to open this March.  Both will be located at Arya Residences in BGC, Taguig City.

The food at Savage is deeply rooted in the pre-industrial era using two main cooking fuels, wood and charcoal.  Meat, fish and vegetables come alive with a burst of flavors using unexpected and innovative combination of ingredients. Helm, on the other hand, is a 12-seater restaurant offering a 12-course tasting menu prepared personally by Chef Boutwood.

“We are very excited and optimistic for 2018. The company continues to explore growth areas and reach untapped markets, and one of the ways to do this was to open franchising opportunities which we announced in December. We are also hoping to strengthen our position in the homegrown restaurant segment this year.  We are likewise excited to be one of the franchisees of Hukad, a brand that is expected to strengthen its presence in the metropolis. We expect that 2018 will even be better than last year,” said Manuud.

The Bistro Group first forayed into the local food scene when it opened the first TGIFriday’s restaurant in the country 23 years ago. The company has since grown its portfolio to a collection of 17 international casual dining brands and homegrown concepts.

 

*This article is copied from the news published by Manila Bulletin and is available online at https://business.mb.com.ph/2018/01/28/resto-chain-targets-to-roll-out-80-stores-by-q1/

DTI promotes franchising sector in Vietnam

TEN Philippine companies successfully exhibited their products at a recent international exposition in Vietnam, with business-matching activities generating negotiated sales amounting to $350,000 (P17.6 million) and potential sales of $3 million (P150.9 million).

The 10 companies joined an Outbound Business Matching Mission for the franchising sector and participated in the Vietnam International Retail and Franchise (VIRF) Expo 2017, at Saigon Exhibition Center, Ho Chi Minh City, Vietnam, from May 31 to June 2.

The activity was orgnized by the Department of Trade and Industry’s Export Marketing Bureau Services Division and the Philippine Trade and Investment Center (PTIC) Thailand in partnership with Philippine Franchise Association. The 10 Philippine companies received 60 serious inquiries from Vietnamese retailers, wholesalers, distributors and franchisors.

Philippine franchisors VIRF is a major venue for the retail and franchising sector, which allowed Philippine franchise companies to showcase their products and services available for franchising.

PTIC Commercial Attaché Enrico Mariano arranged the networking activity with Ambassador Noel Servigon. Philippine franchise companies and the Philippine Business Group Vietnam Association shared insights and prospects of Philippine brands for promotion to Vietnam.

Franchisors exhibited their products and services in the Philippine booth in VIRF Expo 2017. Philippine brands showcased their products along with major international and national brands. The exhibition attracted the participation of 265 companies from more than 14 countries to conduct business matching and face-to-face encounter with exhibitors.

The business-matching activity was successfully conducted with a third-party organizer, the Vietnam Chamber of Commerce and Industry, and an interpreter during the presentation and business-to- business meetings.

Philippine companies that participated included Bench of Suyen Corp., Bibingkinitan of Philippine Food Asia Corp., Canadian Tourism and Hospitality Institute, Coffee Break, K2 Drug, Oryspa, Pure Nectar, Quicklean, U-Franchise and Waffle Time.

By Gliceria N. Cademia | Trade and Industry Development Specialist DTI-EMB – JUNE 27, 2017

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