Vision, Values & Sense of Purpose that bind an organization together to enable individuals to understand and absorb the mission & challenge of the whole organization.
To be the leading Filipino Company
with the most loved brands by 2025
We build loved brands
We do it with love, one customer at a time.
We do it right the first time.
We do it better - by being genuine, thoughtful and innovative.
We take pride in what we do. That’s why we remain rooted in our values of going out of our way to do things properly, using quality ingredients and championing original ideas.
We want to share our best with you. That’s why we pay attention to the details & we’re constantly looking for ideas to improve what we have & give you something better.
We want you to enjoy life. That’s why we’re inspired to introduce new things & suggest ways to make every experience with us special.
Max’s Group Inc. is the largest casual dining restaurant company in the Philippines. Its vision is to be the leading Filipino company with the most loved brands by 2025.
MGI started with its flagship brand Max’s Restaurant, a humble roadside cafe in the home of its founders. A simple gesture of welcoming American GIs in 1945 with Fried Chicken gave birth to a proud global Filipino institution.
With the goal of delighting its customers, it continually searches for partners who share their passion and vision to consistently serve new customers in new territories fresh, genuine, quality food and a great dining experience in different formats.
The Max’s Group, Inc., comprised of the Max’s Entities, owns and operates the homegrown brands “Max’s Restaurant”, “Max’s Corner Bakery” and also holds the licenses to operate the international brands “Krispy Kreme” and “Jamba Juice.”
The Max’s Group’s history is made through the stories of well-established family restaurants that are all known for good food and great memories
Max’s was originally established in 1945 as a bar and café in Scout Tuason, Quezon City to cater to the American soldiers stationed along the nearby South Market Street (renamed Alejandro Roces Avenue). It served food familiar to the soldiers, among them steaks and fried chicken, using recipes developed by Ruby S. Trota. In early 1950, the restaurant operations were formally incorporated as and into Q.C. Max’s, Inc., with Mr. and Mrs. Maximo F. Gimenez, Mr. and Mrs. Claro J. Trota, and Mrs. Felipa Sanvictores as founders.
Max’s fried chicken was well known for its delicious, tender meat that came right off the bone. Customers loved it so much that they would consume the famous fried chicken all the way to the last bite, which prompted the company to officially adopt the tagline, “Sarap to the bones.” Max’s marketing campaign reinforced its position as one of the leading fried chicken restaurants and food brands in the Philippines.
In 1982, Max’s opened its first outlet outside the Philippines in San Francisco, California, USA. Nine years later, the restaurant moved to El Camino Real in South San Francisco. In 1984, Max’s opens in Los Angeles, followed four years later with another Max’s Restaurant in San Diego, California.
Max’s Group, Inc. (“MGI”), the country’s
largest casual dining chain, has named Mr. Ariel P. Fermin as Group Chief
Operating Officer. Ariel will assume responsibility for all aspects of business
including strategy development and execution for all brands and support
services. He will remain at the forefront
of spearheading digital innovative solutions in addition to reinforcing
a culture of excellence, accountability and transparency across the group.
“We recognize the importance of organizing
ourselves to effectively address the needs of a rapidly competitive industry. Since
joining, Ariel has demonstrated proven leadership capabilities, driving
double-digit systemwide sales growth for brands under his watch, while
possessing the necessary credentials to lead this transformational move.
Through our shared vision, we are confident in his ability to chart our path to
sustainable growth,” said Mr. Robert F. Trota, President and Chief Executive
Officer of Max’s Group, Inc.
Prior to his new assignment, Ariel served as Chief
Innovation Officer and Chief Operating Officer of Max’s Restaurant, Krispy
Kreme and Max’s Corner Bakery. Previously, he held management positions for
various local and multinational consumer-oriented companies including PLDT, Jollibee
Foods, Nike, Coca-Cola, Unilever and Procter and Gamble.
“The consumer remains to be at the center of what we do. We are aggressively pursuing growth opportunities especially with our core brands and will enable go-to-market execution from earlier investments made on human capital, process automations and system upgrades. At the same time, we are consolidating resources for a more robust support structure, equipped with the agility and resiliency to respond to on-going and future market trends. Altogether, our group is in a great position to continue to lead industry growth with optimized productivity and improved profitability,” stated Fermin.
“I welcome the opportunity to lead MGI onto the next stage of its storied and accomplished history. As we work in unison towards unleashing our full potential, I firmly believe we are primed for even greater success. Lastly, I also thank our management team for their trust and unwavering support,” concluded Fermin. #
Max’s Group, Inc. (MGI) is leading the local e-payment revolution, being
the first multi-brand company to accommodate cashless and cardless transactions
with the GCash Scan-to-Pay service.
“We at Max’s Group are proud to announce that our family of restaurants will now be accepting e-payment transactions through GCash. We are always working to improve our customers' dining experience and giving them an option to use their phone as a wallet will definitely be a great convenience. And with the combined resources and capability of Globe, Ayala, and Alipay to power the GCash system, we are truly excited to unlock the opportunities and future of e-payments,” shares Robert F. Trota, MGI President and Chief Executive Officer.
Max’s Group, Inc. (“MGI”) is introducing a new concept store in the United Arab
Emirates and Qatar that will expand its portfolio to the quick service
restaurant (QSR) segment.
MGI will
be working with long-standing partner, the Landmark Food Limited (Foodmark), to
open 13 Max’s All About Chicken stores in UAE and Qatar in the next five years.
The deal was finalized after a successful pilot run of the store concept in
Deira City Center, Dubai.
Max’s
All About Chicken is inspired by the iconic Max’s Fried Chicken and offers a variety
of international chicken flavors such as Tandoori, barbeque, lemongrass, and
ranch. Designed to operate in food courts, the Max’s All About Chicken menu features
generous portions of its 24-hour marinated and freshly char-grilled chicken,
and is offered with a variety of popular sides such as rice, noodles, and
bakery items for wide appeal. The iconic Sarap-To-The-Bones Fried Chicken of
Max’s will also be made available to its diners.
Dubai’s Ibn
Battuta Mall will be the brand’s first full concept store that will feature a
vibrant, colorful, and fun aesthetic. The store is set to open in December
2017.
“We are
thrilled to launch our new Max’s All About Chicken with Foodmark, our long time
partner. This concept puts a spotlight on favorite chicken dishes the world
over, and it allows us to pay homage to the well-loved recipe of the Max’s Sarap-To-The-Bones
Fried Chicken, while showcasing it alongside other popular international
char-grilled chicken flavors that diners of various nationalities enjoy. MGI
has always been about building loved brands, and with this new concept, we will
be able to offer a variety of fresh and tasty chicken dishes to our guests at
an affordable price and in a fast, easy, and convenient location,” shared
Robert F. Trota, President and CEO of MGI.
MGI and Foodmark
have first signed a development agreement in 2011 and are now operating eight
Max’s Restaurants across UAE, Qatar, and Kuwait.
“We are
very happy to be working on this new concept with Foodmark. We have forged a
strong partnership over last six years and this bold new step for both parties
will be strengthening the business even more,” adds Peter King, MGI CEO for
International.
Foodmark
or Landmark Food Limited is the food and beverage division of Landmark Group,
one of the largest and most successful retailers in the MENA region with market
leading brands in apparel, furnishings, electronics and leisure.
This
signifies the sixth development agreement secured by MGI in 2017. #
Max’s Group
Inc. (‘MGI’, the ‘Company’) systemwide sales increased 14% to P12.60 billion
for the nine months ended 2017 from P11.09 billion for the nine months ended
2016. Topline grew 12% to P9.04 billion from P8.09 billion as of 30 September
2017. Restaurant sales rose 13% to P7.59 billion from P6.72 billion driven by revenue
contribution of new stores and healthy same store sales showing. Blended same
store sales growth was at 5% for the covered period. Commissary sales went up 5%
to P1.02 billion from P971.03 million primarily indicating stable performance
of the franchising business. Meanwhile, revenues from new franchises, royalty
and continuing license fees gained 8% to P432.72 million compared to P399.87
million for the nine months ended 2016 resulting from higher recurring income
and new franchising contracts. Earnings before interest, taxes, depreciation
and amortization (EBITDA) stood at P970.80 million leading to a net income of P421.73
million, up 11% versus P380.56 million year-on-year.
“The results underscore our steady growth state
notwithstanding the effects of cyclicality, rising input costs and heightened competition.
As we channel this momentum into the Christmas season, we are primed for another
strong finish to cap off the year,” said Robert F. Trota, President and Chief
Executive Officer of Max’s Group, Inc.
As of the third quarter, Max’s Group opened 58 new
stores both domestically and abroad bringing its overall network to 660 branches.
The Company plans to establish 10-15 additional outlets for the remainder of
the year.
On the international front, MGI continues to
broaden its footprint in various geographies around the globe. To date, the
Company opened 11 new stores to shore up its existing count to 57 outlets
scattered throughout North America, Middle East and parts of Asia. It also
inked a number of fresh development agreements for a combined 31 future sites
across loved brands Max’s Restaurant, Yellow Cab Pizza and Sizzlin’ Steak.
Since 2015, MGI has secured a committed
pipeline of 126 stores of which 16 are currently operational. It intends to
concentrate efforts on further accelerating store-building activities beginning
next year.
“The success of recent store openings has taken
franchising interest in our brands to an all-time high particularly in Asia. We
also have the necessary structure in place to seize this opportunity. At
present, we have deployed regional teams to provide quick and focused support
for all our markets,” added Peter H. King, Chief Executive Officer for
International.
For the period, MGI encountered challenging industry conditions such as commodity price escalations, increased competitive pressure and wet climate. Nonetheless, the Company capitalized on its operational scale to derive cost advantages, streamlined menu mix and tactical marketing campaigns to cushion price hikes and boost customer frequency.
Max’s
Restaurant, a Filipino household food staple dating 1945, known for its “Sarap
to the Bones” fried chicken, has found its way into a new area in the United States
of America.
Max’s
Group, Inc. (“MGI”) has agreed to terms with JS Restaurant LLC to build the first
Max’s Restaurant in Tukwila, Washington by 2018.
“This
is another exciting moment for us to provide our countrymen based in the United
States a genuine taste of home. We are grateful to be in partnership with JS
Restaurant LLC to serve our best-in-class products to the community of Tukwila,”
said Max’s Group, Inc. President and Chief Executive Officer, Mr. Robert F.
Trota.
This signifies the sixth
development agreement secured by MGI for 2017.
“We
are witnessing the fastest rate of expansion in North America. For this year
alone, we opened three new Max’s Restaurant’s across New Jersey, Calgary and
San Diego. Moreover, we have another two stores in the pipeline for 2018 to be
located in Winnipeg and Tukwila,” added Max’s Group, Inc. Chief Executive Officer
for International, Mr. Peter H. King.
JS Restaurant LLC is a private company engaged in
specialized medical services since 2012. Its principals have been residents of
Tukwila for close to two decades. During this span, it has successfully forged
business networks and alliances which will anchor its initial foray into
restaurant operations.
“We
are thankful to have been entrusted with a well-loved Filipino brand. We are
determined to extend the Max’s Restaurant tradition of excellence in food
quality and heartwarming service to our customers in Tukwila," stated
Managing Director, Mr. Joselito Santos.
Max’s Restaurant currently operates a total of 175 stores including 27 franchised branches overseas. #
Sizzlin’ Steak is about to sizzle its way into the
Middle East region.
Max’s Group, Inc. (“MGI”) has partnered with Kasamar
Holdings to build seven Sizzlin’ Steak outlets in the United Arab Emirates
(UAE) over the next five years.
“We are witnessing the emergence of Sizzlin’ Steak
as a global mainstream brand. At the same time, we are pleased with our partnership
with Kasamar Holdings to introduce our hot plate concept to the UAE,” said Max’s
Group, Inc. President and Chief Executive Officer, Mr. Robert F. Trota.
This marks the fourth development contract signed by MGI for the year,
adding to an active pipeline of more than 130 stores slated to operationalize
in the coming years.
Kasamar Holdings (“KH”) is a
family-led enterprise based in Abu Dhabi engaged in three principal investment
verticals: private equity and venture, real estate, and public securities. In
addition, KH operates one of the largest private healthcare providers in the
United Arab Emirates. It likewise has diversified interests in retail and
medical equipment distribution. Kasamar Holdings plans to assemble a portfolio
of acclaimed food brands that will primarily cater to the local market.
“We are excited to enter this space
with one of the most reputable food and beverage names from the Philippines. We
genuinely believe in the uniqueness and value proposition offered by Sizzlin
Steak. We look forward to launching our first shop in the UAE by early next
year with the intent to accelerate rollout in the long-term. I am confident the
brand will be positively received by the local community due to its mainstream
appeal,” stated Mr. Mo Bississo, Director at Kasamar Holdings.
Max’s Group currently operates 655 stores including 55 franchised outlets abroad located across North America, Middle East and parts of Asia. #
Max’s Group Inc. (‘MGI’, the
‘Company’) systemwide sales increased 12% to P8.29 billion for first half 2017
from P7.43 billion for first half 2016. Topline grew 11% to P6.05 billion from
P5.43 billion as of 30 June 2016. Restaurant
sales rose 11% to P5.04 billion from P4.53 billion anchored on new store
openings and steady same store sales performance. Commissary
sales went up 7% to P674.04 million from P630.87 million owing to a growing
number of franchised outlets. Meanwhile,
revenues from new franchises, royalty and continuing license fees gained 23% to
P333.65 million compared to P270.52 million for first half 2016 due to additional
franchise sign-ups and a larger recurring income stream. As a result, earnings
before interest, taxes, depreciation and amortization (EBITDA) stood at P710.03
million translating to a net income of P331.72 million, up 12% versus P295.33
million year-on-year.
“We are happy with the
results despite an increasingly challenging environment. Moving into the next
quarter, we have lined up exciting product initiatives to cushion cyclicality
effects during wet season,” said Robert F. Trota, President and Chief Executive
Officer of Max’s Group, Inc.
From January to June,
Max’s Group opened 41 new stores including 6 outlets overseas bringing its total
network to 650 branches of which 53 are situated abroad. The Company intends to
build another 25-30 stores for the balance of the year.
On the international
front, MGI is focused on operationalizing its current pipeline of around 140
stores across various locations in North America, Middle East and Asia. For
2017, the Company has secured two development contracts to establish at least
22 Yellow Cab outlets in Vietnam, Brunei and East Malaysia within five years.
“While efforts are
centered on expanding physical presence, we are constantly on the lookout for
opportunities to penetrate new geographies,” stated Mr. Peter H. King, Chief
Executive Officer of Max’s Group International.
For the period, the
Company faced headwinds amidst escalating prices of input components and stiffer
industry competition. Nevertheless, it continued to launch notable promotional
campaigns such as Chicken All-You-Can for Max’s Restaurant and World Pizza Day
for Yellow Cab, both of which were well-received by customers.
“We expect prevailing economic conditions will remain supportive of our business,“ concluded Mr. Trota. #
Over
the years, Pinoy bread has become a reflection of our identity, and our
people’s history and affinity for food. Different bread variants, from the
humble pan de sal to the merienda-favorite ensaimada, have become household
staples and have played witnesses to countless family and community gatherings.
Apart
from enjoying the numerous kinds of bread that we have today, being familiar
with our local bread culture’s colorful history helps preserve its rich
heritage. Understanding the stories behind each bread also heightens the sense of
pride we have in local food.
To
continue celebrating the vibrant tradition of Filipino bread-making, the Tinapay
Natin Pinoy Bread Baking Competition is back for its second run this
year. With the support of Max’s Corner Bakery and Pilmico, the competition vows
to be bigger, better, and more inclusive.
Calling Culinary Students and Passionate
Home Bakers
The
contest once again invites student bakers all over the Philippines to create a beloved
traditional bread, as well as to add their own twist to Pinoy favorites with
their version of a modern bread. What makes this year’s competition more
exciting is that Tinapay Natin will
be opened to all non-professional home bakers who want to share their own bread
stories.
Apart
from the participants’ technical skills, the individual stories of their bread
entries will be an important component in selecting this year’s winner. “We are
a country who has had a long history of enjoying bread. Even in Max’s Corner
Bakery and Max’s Restaurant, the first meal we offered was fried chicken with
dinner rolls. It is our hope then that through this competition, our young
participants will be able to share the unique story of their bread creations.
We want to know the inspiration, the struggles, and the hard work put into making
it,” shares Ariel P. Fermin, Chief Operating Officer of Max’s Corner Bakery and
Max’s Restaurant.
Tristan
Aboitiz, Vice President and Chief Operating Officer of Pilmico, adds, “The entries that we received from last year’s
Tinapay Natin competition opened our eyes to the many colorful stories that go
with each bread product, and this is a testament of how rich our local bread
culture is. We hope that with this competition, we are able to encourage the
public to keep the bread-making tradition alive, promote creativity &
innovation among Filipino bakers, and of course, support the local bread
industry just as much as we and Max’s Corner Bakery do.””
Cash
prizes await participants with the most compelling bread stories and entries.
This year’s Tinapay Natin will be
running from July to October 2017, with regional bake-offs happening in Baguio,
Bacolod, and Davao. The winning bread will be awarded during the Grand Finals
in Metro Manila in November, and will be made available through Max’s Corner
Bakery nationwide as a limited offering.
Learn
more about the competition and follow our story by visiting https://facebook.com/TinapayNatin
Max’s Group Inc. (‘MGI’, the
‘Company’) systemwide sales rose 10% to P3.93 billion for first quarter 2017
from P3.58 billion for first quarter 2016. Topline growth came in at 9% to P2.91
billion from P2.68 billion as of 31 March 2016. Restaurant
sales increased 4% to P2.42 billion from P2.32 billion driven by new store
openings and stable same store sales performance. Commissary
sales grew 40% to P311.44 million from P222.16 million owing to additional
franchised outlets. Meanwhile, revenues from new
franchises, royalty and continuing license fees was up 34% to P180.12 million compared
to P134.37 million for first quarter 2016 mainly due to a larger recurring
income base. Cost of sales improved to 76.1% from January to March 2017 as
opposed to 76.3% from January to March 2016. The Company withstood the effects
of higher input prices and distribution expenses. As a result,
Earnings before interest, taxes, depreciation and amortization (EBITDA) stood at
P350.94 million resulting to a net income of P175.98 million, up 8% versus P162.32
million year-on-year.
“We are off to a relatively
solid start for the year notwithstanding the challenging commodity pricing
situation. While we expect to encounter some more of these headwinds, we will continue
to push forward with our strategies,” said Robert F. Trota, President and Chief
Executive Officer of Max’s Group, Inc.
For the quarter, Max’s
Group opened 18 new stores including 3 branches abroad among which are Yellow
Cab Pizza in Qatar and Hawaii as well as Max’s Restaurant in San Diego, summing
its total network count to 632 outlets with 51 located overseas. The Company
plans to rollout around 60-70 stores for 2017.
On the international
front, MGI was able to secure its first development agreement for the year,
with a commitment to establish 10 Yellow Cab Pizza stores in Brunei and 5
Yellow Cab Pizza stores in East Malaysia over the next 5 years.
“Our objective is to bulk
up and at the same time operationalize our existing pipeline,” stated Mr. Peter
H. King, Chief Executive Officer of Max’s Group International.
For the period, the
Company centered on tactical marketing campaigns to strengthen brand mileage
and entice awareness for new products. MGI likewise reinforced its raw material
sourcing activities to mitigate impending price movements.
“We recognize the need to enhance our capabilities to future-proof our business. We are positive that the overall economic climate will remain supportive,“ concluded Mr. Trota. #
Every Filipino has their own story to share about their favorite Max's Group brand. More than the great food and thoughtful service, it's the bonds forged in our stores that turn customers into the Company's biggest fans.
Read up on our journey through 2016 by downloading our Annual Report: http://bit.ly/MGI2016AR
Max’s Group Inc. (‘MGI’, the ‘Company’) systemwide
sales grew 12% to P15.34 billion for 2016 from P13.72 billion for the previous
year. Topline posted double-digit growth of 10% to P11.44 billion from P10.37
billion as of 31 December 2015. Restaurant sales
increased 10% to P9.42 billion from P8.59 billion on the back of 77 new stores and
steady same store sales performance. Online and
delivery revenues came in 24% higher at P1.08 billion from P875.18 million for
2015 anchored on a centralized ordering and dispatch platform. Commissary sales stood relatively flat at P1.26
billion from P1.28 billion owing to closures of certain franchised outlets. Meanwhile, revenues from new franchises, royalty and
continuing license fees rose 54% to P766.72 million compared to P497.51 million
for 2015 mainly driven by a growing recurring income base and additional
overseas franchise contracts. Cost of sales improved to 72.2% for 2016 as
opposed to 72.6% for 2015. The Company mitigated pricing headwinds from rising input
components with lower logistics and utility expenses. As a result, Earnings before interest, taxes, depreciation
and amortization (EBITDA) registered at P1.47 billion translating to a net
income of P561.74 million, up 12% versus P501.39 million year-on-year.
“We are fairly upbeat with our full year
performance. We were able to successfully execute our strategies amidst a
rapidly intensifying competitive environment. Overall, it was another
productive year for us,” said Robert F. Trota, President and Chief Executive
Officer of Max’s Group, Inc.
For 2016, Max’s Group rolled out 77 new stores including
16 overseas branches, bringing its total network count to 623 branches with 49 situated
abroad. It has kept within reach of its objective of establishing 1,000 outlets
including 200 international by 2020.
The Company has earmarked approximately P750
million to P800 million in capital expenditure largely for the rollout of
another 60-70 new stores primarily among core brands Max’s Restaurant, Pancake
House, Yellow Cab Pizza and Krispy Kreme for 2017.
On the offshore front, MGI continues to build
on its expanding pipeline of over 140 stores slated to open in the coming
years. Last year, the Company was able to secure eight development agreements
for at least 80 stores across various geographies. Among the notable markets
penetrated for 2016 include Yellow Cab Pizza in China and Singapore.
“We remain bullish on the pace of our global
business. Our focus this year is to boost recurring income by accelerating
store development. Nonetheless, we shall constantly be on the lookout for fresh
territories,” stated Mr. Peter H. King, Chief Executive Officer of Max’s Group
International.
MGI has likewise made significant progress in
fortifying its support structure. Last year, the Company invested in major
enterprise resource systems to automate processes and harmonize procedures throughout
the organization. At the senior management level, MGI has on-boarded key
professionals to strengthen its existing talent roster. There are also initial plans
to expand commissary capacity to reinforce future growth.
Coming soon
another destination will get a taste of New York-themed pizza in every bite.
Yellow Cab Pizza, homemade pizza ideation of the country’s largest casual
dining chain operator, has sealed its bid into Brunei and East Malaysia.
Max’s Group,
Inc. (“MGI”) recently signed a development agreement with YTT Sdn Bhd to
establish at least 10 Yellow Cab Pizza stores in Brunei and East Malaysia
within five years.
“Again, this proves
the enormous mainstream appeal of Yellow Cab Pizza in the global stage. We are
excited with the opportunity to serve the flavors of New York to the people of
Brunei and East Malaysia. Looking ahead, we will continue to further unlock the
brand’s potential in other markets,” said Max’s Group President and Chief
Executive Officer, Robert F. Trota.
This marks
the second development agreement secured by Max’s Group, Inc. for 2017, resulting
to a total international pipeline of around 140 outlets set to open in the
coming years.
“We are confident in our tie-up with YTT Sdn Bhd given their strong commitment and familiarity with the local food industry. On our part, we shall extend fundamental support to reinforce this partnership,” Mr. Trota added.
“We are excited to bring Yellow Cab Pizza to
Brunei and East Malaysia. We believe that Yellow Cab Pizza brand inspired by
New York, will attract the young demographic group in the market. The flagship
store will be situated in Brunei and is slated to open in the third quarter. It
will feature the same exceptional quality products complemented by a hip and
contemporary store ambience,” said Hj Jameel Ahmed, Director of YTT Sdn Bhd
and franchise holder of Yellow Cab Pizza in Brunei and Malaysia.
MANILA – Yellow Cab Pizza,
homegrown pizza concept of the country’s largest casual dining operator, is set
to debut in Vietnam.
Max’s Group, Inc. (“MGI”)
recently inked a development agreement with Blue Star Food Corporation to establish
at least 12 Yellow Cab Pizza stores in Vietnam within five
years.
“We are encouraged by the
interest and result of our initial foray in Vietnam. This reaffirms the global
mainstream appeal of some of our brands. As we prepare to launch Yellow Cab
Pizza, we will constantly seek opportunities to broaden our reach within the
region,” said Max’s Group President and CEO, Robert F. Trota.
This marks the first development
agreement signed by Max’s Group, Inc. for 2017, translating to a total international
pipeline of 165 outlets slated to open in the coming years.
“Blue Star Food
Corporation vast retail experience and proven track record will anchor this
franchising setup. From our end, we shall provide the necessary marketing and
operational assistance for this partnership,” Mr. Trota added.
“Vietnam is a fast growing young
country. About 60% of the 95 million population
is under 35 years old, and the country’s middle
class is expected to double to 33 million people by 2020. This young and
affluent demographic is leading the change of the
F&B industry and a lot of western and casual dining restaurants are
flourishing in Vietnam. Pizza is one of the most preferred food offerings, and we believe that
Yellow Cab Pizza, with its contemporary and hip
look and feel inspired by New York, will appeal
to them. We are very excited to partner with Max’s
Group, a company that has abdundant experience not only in the
Phililppines but also in the international
market. We are looking forward to working closely with MGI
to bring the best quality pizza experience to Vietnam,” said Nguyen Thanh Nam,
Chief Executive Officer of Blue Star Food Corporation.
MGI continues to actively seek reputable franchise partners who share in its vision of building loved brands overseas. Its extensive product line up offers a wide array of concepts suited for different markets. Since 2015, MGI has aggressively grown its offshore business by expanding presence in existing markets and at the same time, penetrating new territories. It relies on a structured international franchising approach backed by a multi-functional support platform to ensure sustainable long-term success.
Manila, Philippines, 20 January 2017 - Max's Group, Inc. (MGI) ushers in the New Year with the appointment of Ariel Fermin as Chief Operating Officer of Max's Restaurant, Max's Corner Bakery and Krispy Kreme. Fermin will be undergoing an immersion program with the various business units in the company from January 16 to April 30, 2017 before joining the company full-time effective May 1, 2017. Reporting to MGI CEO Robert F. Trota, Fermin will also take on the post of Chief Innovation Officer to strengthen MGI's leadership position in the industry.
As MGI recognizes the evolving changes in the consumer and business landscapes, Fermin's entry into the organization strengthens the brand's leadership core. He will be involved in leading various teams across the organization to improve execution efficiencies in keeping with MGI's vision to build loved brands.
"We are pleased to welcome Ariel to the leadership team," shares Mr. Trota. "As the country's largest casual dining restaurant group, giving our guests delightful experiences is at the core of our business. Ariel brings with him decades of marketing and thought leadership experience that will strengthen MGI's touch points from our brands to our products and on to our stores."
Prior to joining MGI, Fermin has been leading world-class companies and award-winning campaigns. Fermin was the Executive Vice President and Head of Consumer Business of PLDT for five years, where he spearheaded innovative home and mobile solution programs. No stranger to food brands, Fermin was the concurrent President of Greenwich and Chowking, two of the country's biggest Filipino fast food chains from 2008 to 2011. Fermin also ventured into retail as the Country Director for Nike Philippines and South East Asia Category Head for Basketball of Nike from 2005 to 2008. He also held various marketing and sales positions in Coca-Cola and Unilever, and product development roles in Procter & Gamble.
"MGI brands carry with them the warmth, familiarity and excitement that Filipinos naturally gravitate to, and that is why I'm excited to explore opportunities where I can further take the brands. I look forward to working with the hardworking team of MGI to execute our strategic plans and to continue to delight more generations," enthuses Fermin. #
Max’s Group, Inc. (MGI) is aiming for a chunkier
slice of the Middle Eastern pizza segment.
MGI recently sealed a development agreement
with Silver Group to establish at least 22 Yellow Cab Pizza stores across three
countries namely Kuwait, Bahrain and Oman within 5 years starting in January 2017.
“We are pleased with the opportunity to
further expand our presence in the GCC (Gulf Cooperation Council) region. Our
international business has been scaling up quite aggressively with Yellow Cab
Pizza emerging as the most coveted brand. We are optimistic in sustaining this
pace as we possess the necessary structure and support systems to fuel overseas
growth through franchising,” said Max’s Group President and CEO, Robert F.
Trota.
This is the seventh overseas franchise
contract forged by MGI for 2016, translating to a total international pipeline
of 153 outlets slated to open in the coming years.
“Silver Group pioneered our pizza offerings
in this territory. We appreciate their continued trust and for sharing our
vision of Yellow Cab Pizza as a global mainstream brand. Together, we are confident
of replicating our earlier success in Qatar into surrounding nations,” Mr.
Trota added.
“Silver
Group greatly values the partnership and mutual success. Therefore, it was one
of our great achievements to have an agreement with MGI to operate yellow cab
in Kuwait, Bahrain and Oman as we believe on the brand potential in these
markets after the achieved results in Qatar. It is our commitment to deliver
the best possible customer experience and great quality Pizza in Gulf region.”
Said Silver Group CEO, Abdulrahman Al-Kaabi.
Yellow Cab currently
operates a network of 138 branches including seven franchised outlets located
in Qatar, one in UAE, one in KSA and two stores in China. Plans are underway to
open flagship stores in China and Singapore, Hawaii and Jordan. #
With
their flavorful baked creations and compelling bread stories, budding bakers
Roy Tabocolde and Greegy Cabarrubias from Iloilo’s St. Therese MTC College—La
Fiesta emerged as the grand winners of the Tinapay Natin Pinoy Bread Baking Competition’s Grand Finals held last
October 13 at Treston International College.
Tabocolde
and Cabarrubias bagged Php. 50,000 in cash prizes plus the exclusive chance to
have their bread creations distributed in over 150 Max’s Corner Bakery branches
nationwide.
The Tinapay Natin Pinoy Bread
Baking Competition, an initiative by Pilmico and Max’s Corner Bakery
that is inspired by the massive success of last year’s Mahalin Pagkaing Atin movement, aims to also inspire more young
Filipinos to carry on the craft of Pinoy bread-making.
Decadent favorites and a surprise twist
For their original bread entries, Tabocolde and Cabarrubias placed the
spotlight on two well-loved Filipino breads: pastel, a popular pasalubong
in Cagayan de Oro; and ensaymada,
which are traditional favorites in Bulacan and Pampanga.
Their breads, named Cagayan Pastel and Ensaymada Royale, proved supreme
with their fluffier crumb, surprise filling, and rich toppings.
For the last competition round, Tabocolde and Cabarrubias created their Sesame
Streusel Roll as their third
original bread. This reinvention combined the Cinnamon Roll and the Ilonggo
butterscotch. On
bagging the top prize, the winners had this to say, "It was very
nerve-wracking to bake during a competition and we weren’t really expecting to
win. But, we concentrated on our entries and put our hearts into baking them.”
Molding the future of our local bread culture
For Pilmico and Max’s Corner Bakery, the competition was not only an
opportunity for our young bakers to showcase their skills and creativity, but
also to help share the progress as the winners were able to choose a
beneficiary school.
“We want to give local producers better opportunities by bringing the
livelihood to them,” said Norie Bermudez, the Vice President for Sales of
Pilmico “Our hope is for these young bakers who joined the competition to serve
as our ambassadors of bread culture in every bite.”
As a restaurant that’s considered a cornerstone of local dining, Max’s
has aligned with Pilmico’s goal to inspire creation and promote a better love
for food.
Carolyn Trota-Salud, President and Director of Max’s Group of Companies,
said: “We also believe that it is Max’s role to help promote local talent, as
well as ensure that Filipino products will have world-class flavor that can
compete globally.” #
At the recently concluded 25th
Visayas Area Business Conference (VABC) in Ormoc, Leyte, Mr. Robert Trota,
President and CEO of Max’s Group, Inc. (MGI), shared how Filipino diners are
more inclined to choose restaurants that serve authentic-tasting and healthy
food. The demand for products made from organic ingredients shows that
Filipinos are becoming more adventurous with food even as they remain conscious
about their consumption. More Filipinos choose locally sourced food, which help
support the country’s agricultural and food manufacturing industries. MGI has
been working with these local industries to capitalize on opportunities to
create awareness and demand for homegrown products. It has introduced the
Tinawon Flavored Rice Dishes that proudly feature heirloom rice harvested by
Benguet farmers.
In keeping with its thrust to continually help
local produce, Mr. Trota also made a commitment in that session to work closely
with the Research and Development teams of Leyte and Samar to identify products
that MGI can outsource from these provinces. As a starter, MGI has looked into
sourcing the danggit supply of Pancake House from Palompon, Leyte. Lastly, Mr.
Trota mentioned that MGI is exploring partnerships with the provincial
government of Samar for their coconut program as the province is widely
recognized for its rich coco industry. #
Yellow Cab Pizza Co., in partnership with
KAYA Futbol Club (KAYA FC), proudly concluded the first ever Yellow Cab Football Cup at the Blue
Pitch Circuit Makati. Both parents and kids joined in on the fun with the 3
Kinect stations, foosball tables, and graffiti wall around the football
grounds. Lucky winners got to take home goodies from the festivities and
witness a momentous celebration as six champions were crowned and bagged
P20,000 each for their chosen charity, while special awards were given away by
Yellow Cab.
For the Under 7 category, British School Manila White emerged as champion. MVP for the Under
7 category was awarded to Alana Gil, Best Midfield went to Kyle Harding, Best
Defender was Xander Thompson, Best Goal Keeper Zach Gunston, and Best Striker
with a total of eight goals was Aaron Long.
La Salle Greenhills emerged as champion for
the Under 9 category, with the MVP and Best Defender awards going to Aaron
Azurin, awards for Best Midfield and Best Striker with a total of seven goals
went to Alonzo Buendia, and Best Goal Keeper was Kenzo Chua.
The Under 11 category saw the Makati Football Club as champions. MVP for this category was Joey
Takuma, Best Midfield Mateo Manas, Best Defender Josh Merino, Best Goal Keeper
Alfonzo Gonzales and Best Striker with a total of 8 goals Lian Evangelista. The
Makati Football Club also reigned supreme as champion for the Under 13
category. MVP award went to Adri Caraig, Best Midfield Charles Hawak, Best
Defender Rain Castro, Best Goal Keeper Ira Villanueva, and Best Striker with a
total of nine goals Agiel John Rojo.
The team from Gawad
Kalinga finished as champion for the Under 15 category. Awardees for this
bracket include MVP Jexter Galicia, Best Midfield Jonan Avila, Best Defender
John Datuin, Best Goal Keeper Axel Dellosa, and Best Striker with a total of
eight goals is Lloyd Soco from
La Salle Greenhills.
Lastly, the Under 17 Girls category had Grasshoppers from Brent International
School as champion. The MVP and Best Striker awards went to Lindsay Whaley
who finished with a total of eight goals, Best Midfield went to Carmen Castellanos,
Best Defender Anne Marie Dimanche, Best Goal Keeper Jillian Davies.
The charities represented by the winning teams and who will
be receiving the cash prize donation include Fairplay for All Foundation, Field
of Hope, I CAN SERVE Breast Cancer Foundation, Gawad Kalinga, Moran Foundation
and Called to Rescue.
At the awarding ceremonies, MGI President Robert Trota shares, “Yellow Cab believes in the
sport of football because as in any sport, it promotes team spirit,
camaraderie, and sharing both the wins and loses. Starting kids young helps
instill the good values that we want them to grow up with. Guided with
discipline hard work, and giving back, our partnership with KAYA FC exemplifies
just that.”
After all, Yellow Cab provides a filling meal meant to be
shared, so it’s easy to understand the connection. Jim Fuentebella, MGI Chief Marketing Officer adds, “We want our
Philippine team to be part of the World Cup, but we have to start somewhere and
now is the perfect time to do so when football is becoming a more popular
sport. It’s through initiatives like these that we see the potential for it to
grow, and at the same time be able to help and reach more people.” #
Max’s Group, Inc.'s (‘MGI’ or ‘Company’) systemwide
sales grew 12% to P11.09 billion for the nine months ended 2016 from P9.87 for
the nine months ended 2015. Topline registered double-digit growth of 11% to
P8.09 billion from P7.30 billion as of 30 September 2015. Restaurant sales
increased 8% to P6.72 billion from P6.20 billion driven by 22 new stores opened
from July to September and steady same store sales performance. There are
likewise plans to shift into quicker formats for certain brands to benefit from
higher volume turnover and lower fixed overhead. Commissary sales rose 19% to
P971.03 million from P813.59 million while revenues from franchise, royalty and
continuing license fees increased 39% to P399.87 million versus P287.05 million
compared to similar periods in 2015. Earnings before interest, taxes,
depreciation and amortization (EBITDA) stood at P889.47 million resulting to a
net income of P380.56 million, up 3% versus P368.86 million year-on-year.
“The third quarter is normally our lean period
owing to the wet climate and other cyclical factors. Nonetheless, the historical
slowdown should reverse ushering into the Christmas season,” said Robert F.
Trota, President and Chief Executive Officer of Max’s Group, Inc.
To date, Max’s Group has rolled out 55 new stores
including 11 international branches, bringing its overall count to 611 stores
with 44 located abroad.
On the overseas front, MGI continues to convert
its existing development pipeline of 91 outlets into physical stores. During
the third quarter alone, MGI unveiled flagship stores for Yellow Cab Pizza in
Beijing and Changsha Province in China as well as Sizzlin’ Steak in Vietnam.
“From securing territories, focus is now centered
on store building activities to boost our recurring income base. In the same
way, we remain in pursuit of leads into other markets,” stated Mr. Peter H.
King, Chief Executive Officer of Max’s Group International.
The Company is committed to further reinforce its
support infrastructure anchored on a shared services model. It recently
invested in a modern human resources information system designed to electronically
consolidate people-related requirements. This initiative is expected to
significantly reduce manual processing intervention translating to maximized
productivity across the business. On capital expenditure, MGI has mapped key growth
strategies to ensure effective deployment of assets into value-accretive
ventures.
“We encountered higher commodity prices aligned
with inflationary movement. While mitigating measures are in place, we
constantly improve our capabilities and menu mix to manage rising input
materials,” added Mr. Trota.
“For the remaining months of 2016, we expect the prevailing economic environment to sustain its positive trend. We will open another 20-30 stores to close the year, putting ourselves in a strong position to meet Yuletide demand,“ concluded Mr. Trota. #
Max’s Group Inc. (MGI, PSE: MAXS) posted a
net income of P295.33 million for first half 2016, up 4% versus P284.67 million
for first half 2015. Topline registered double-digit growth at 10% to P5.43
billion from P4.93 billion. Restaurant sales increased 9% to P4.53 billion from
P4.16 billion driven by new store openings and stable same store sales performance.
Commissary sales rose 13% to P630.87 million from P559.63 million while revenues
from franchise, royalty and continuing license fees increased 28% to P270.52
million compared to P211.66 million in the same period last year. Systemwide
sales grew 13% to P7.43 billion from P6.55 billion for first half 2015.
“The results are consistent with our
growth story and the overall state of the economy. For the second half, we will
continue to execute a balanced store rollout in key strategic areas,” said
Robert F. Trota, President and CEO of Max’s Group, Inc.
To date, Max’s Group has opened 35 stores including
an international outlet for Max’s Restaurant in Kuwait. As of end-June 2016,
MGI operates a network of 600 stores including 38 abroad.
For the offshore business, MGI has so far
inked 11 development agreements for 2016. These are comprised of 70 Yellow Cab
Pizza stores across China, Saudi Arabia, United Arab Emirates, Singapore, Egypt
and Jordan, 13 Pancake House outlets between Qatar and United Arab Emirates, 10
Sizzlin’ Steak branches in Vietnam and 3 Max’s Restaurant in San Diego. Combining
existing operations, MGI has a secured overseas pipeline of over 130 stores slated
to open in the coming years.
“We have surpassed expectations due to the
overwhelming response of foreign markets to our international expansion
program. This clearly shows that our brands are well-primed for the global
stage,” stated Mr. Peter H. King, Chief Executive Officer of Max’s Group
International.
On support activities, MGI continues to
derive operational efficiencies through its shared services approach. Supply
chain initiatives have benefited from negotiated pricing and prompt payment
discounts translating to lower costs for food and non-food items. Migration to
an upgraded enterprise resource-planning platform has likewise paved the way
for process standardization efforts.
“For the remainder of 2016, we share in the optimism on the general macro climate of the country. Domestic consumption is still seen to stir economic activity in the long-term. As such, to capitalize on this growth outlook, we are looking to close the year with around 60-70 new stores,” concluded Mr. Trota. #
Genuineness, thoughtfulness
and delight. These three have been the main ingredients for the recipe of continued
success of Max’s Group, Inc. (MGI). With 588* stores across its brands, 35 of
which are located across North America, the Middle East, and Southeast Asia,
the Company takes pride in the
fact that, over the years, its brands have achieved the status of being some of
the most iconic restaurant brands in the Philippines.
70 years after the Company started in 1945 with a single branch of Max’s Restaurant in
Quezon City, MGI has since
established a reputation for business excellence. After successfully building
the Max’s brand, the Company kept the momentum going by opening the first Krispy Kreme and
Jamba Juice stores in 2006 and 2011, respectively, as MGI was awarded the
master franchise license of these two globally loved international food brands.
The Company
punctuated its status as one of the major players in the local dining scene
when it acquired the Pancake House Group in 2014. The move resulted in MGI
expanding its portfolio of brands to a total of 14—namely Max’s Restaurant,
Max’s Corner Bakery, Pancake House, Yellow Cab Pizza Co., Krispy Kreme, Jamba
Juice, Teriyaki Boy, Dencio’s, Kabisera, Sizzlin’ Steak, Singkit, Le Coeur de
France, Maple, and Meranti, the Company’s initial foray into the hospitality
industry.
In addition,
MGI has also ventured into the shared dining space arena with Burgos Eats and
Eco Eats, showcasing the depth of its portfolio and the variety of dining
experiences it can share for the local casual dining market.
For a copy of MGI's 2015 Annual Report, click here. #
*As of December 31, 2015
Max’s Group Inc. (MGI, PSE: MAXS) reported a net income of P162.3 million for first quarter 2016, up 8% compared to P150.6 million for first quarter 2015. Topline growth was at 12% to P2.68 billion from P2.40 billion. Restaurant sales increased 13% to P2.32 billion from P2.05 billion driven by steady same store sales growth and new store openings for the period. Commissary sales declined 13% to P222.2 million from P255.4 million was offset by revenues from franchise, royalty and continuing license fees which grew 46% to P134.3 million versus P92.0 million, year-on-year.
“The numbers are in line with our estimates. We are now starting to realize the revenue impact of new stores that came onboard in the latter part of 2015. By recalibrating our design and build plan, we expect a leveled and systematic rollout of stores for the entire year,” said Robert F. Trota, President and CEO of Max’s Group, Inc.
From January to March 2016, Max’s Group opened 9 stores mainly across star brands Max’s Restaurant, Pancake House, Yellow Cab Pizza and Krispy Kreme. This includes 3 international outlets namely Max’s Restaurant in Qatar, Yellow Cab Pizza in United Arab Emirates and a Sizzlin’ Steak concept store in California. As of end-March 2016, MGI operates a chain of 577 stores including 37 abroad.
On to the international front, MGI has so far inked 5 development agreements for 2016. These are comprised of 25 Yellow Cab Pizza stores in China, 5 Pancake House stores in Qatar, 5 Yellow Cab Pizza stores in Singapore, 5 Yellow Cab Pizza stores in Jordan and 10 Yellow Cab Pizza stores in Egypt. This translates to a firm overseas pipeline of more than 130 outlets set to be operational in the coming years.
“We have gained a lot of traction since launching our offshore expansion program. Exposure and interest in our brands is scaling up faster than expected as we tap new territories,” stated Mr. Peter H. King, Chief Executive Officer of Max’s Group International.
To capitalize on digital opportunities, Max’s Group unveiled the Yellow Cab Pizza mobile application to provide for seamless ordering. At the moment, it has registered over twenty seven thousand installs within a span of two months, making it one of the most popular downloadable content in the food and beverage category. Other brands are currently in various stages of app development and will soon follow suit.
“We strive to keep pace with the latest market trends, at the same time allowing us to strengthen ancillary revenue channels,” explained Mr. Trota.
Furthermore, the Company is on track with its full migration to an upgraded enterprise resource-planning platform. This initiative aims to consolidate support functions by optimizing systems and standardizing procedures leading to operational efficiencies and cost savings.
“For 2016, we are positive that the prevailing macroeconomic backdrop will remain favorable spurred by continuous consumer spending. We are primed to open another 60-70 stores in key strategic locations. Essentially, we have laid the groundwork to anchor our growth moving forward,” concluded Mr. Trota. #
Max’s Group, Inc. (MGI) continues to aggressively expand its international business as it set its sights on new markets in the Middle East.
MGI recently inked a development agreement with Jalal Holding to establish at least 5 Yellow Cab Pizza stores in Jordan and 10 Yellow Cab Pizza stores in Egypt within 5 years.
“We continue to chart new territories for expansion overseas. Our previous ventures and recent openings in this region have proven successful. We are truly witnessing the emergence of Yellow Cab Pizza as a global mainstream brand,” said Max’s Group President and CEO, Robert F. Trota.
This is the fifth develop agreement sealed by MGI in 2016 resulting to a total commitment of 131 international outlets to be rolled out in the coming years.
“We partnered with Jalal Holding as we believe in their expertise and business prowess to spearhead this endeavor. Their credentials ensure consistent delivery of best-in-class products and services to customers,” Mr. Trota added.
Established in 2016, Jalal Holding is an emerging Food and beverage group in Jordan and shortly in Egypt. The company is planning to expand into F&B business in Jordan and Egypt in the next years, to bring well known international brands into the market.
“We believe the food and beverage industry in Jordan and Egypt specifically has a huge potential. With our newly established company Jalal Holding, we plan to satisfy Jordan’s and Egypt’s customers’ growing needs of high quality food and beverage products. We are delighted to choose Yellow Cab Pizza as our first venture with MGI Group. Yellow Cab Pizza serves a New York style premium pizza in a fast casual dining setting that our market craves for,” remarked Jalal Holding CEO, Jalal K. Dudin.
“We will start set-up and operation in Amman this year, followed by Egypt by early 2017. Jordan and Egypt's food and drink industry is poised for positive growth and a large consumer base, we are so excited to bring the feel of the “Big Apple” to Jordan and Egypt. As well as looking forward to expand Yellow Cab Pizza branches and introduce Max’s Group other brands to both markets in the near future,” added Jalal K. Dudin, CEO Jalal Holding.
Yellow Cab currently operates a network of 135 branches including 6 franchised outlets located in Qatar and 1 in UAE. Plans are underway to open its flagship store in Beijing, Changsha and Singapore as well as a pilot branch in Hawaii.
Max’s Group, Inc. (MGI) intends to penetrate a major food and beverage hub in Southeast Asia.
MGI recently sealed a development agreement with Pagh Pte. Ltd. to build at least 5 Yellow Cab Pizza stores in Singapore.
“We are thrilled with the opportunity to bring Yellow Cab Pizza in a highly strategic market such as Singapore. We are confident that our mainstream offerings and value proposition will allow us to stay competitive alongside some of the biggest global food
names,” said Max’s Group President and CEO, Robert F. Trota.
This is the fourth development agreement inked by MGI for 2016, translating to a total of 116 international stores set to open over the next few years. MGI envisions operating a network of at least 200 outlets overseas by 2020.
“We found the right partner in Pagh Pte. Ltd. for this venture. We can rely on their focus and determination to deliver best quality products and genuine service to Singaporeans,” Mr. Trota added.
Pagh Pte. Ltd. is a family-owned company set up primarily to invest in the casual dining business. "We recognise that Yellow Cab Pizza offers a different more exciting experience than the brands currently now on offer in Singapore. Singaporeans are discerning in their food experience. We are therefore confident that Yellow Cab Pizza will be the Singaporeans place of choice for American Italian casual dining," from Tiara K. Chopra, Director.
Yellow Cab currently operates a network of 135 branches including 6 franchised outlets located in Qatar and 1 in UAE. Plans are ongoing to open its flagship store in Beijing and Changsha as well as a pilot branch in Hawaii.
Max’s Group, Inc. (MGI) is set to expand its presence in China through premium New York pizza concept Yellow Cab Pizza.
MGI recently signed another development agreement, this time with Changsha New Yorker Catering Management Co., Ltd., to build at least 10 Yellow Cab Pizza stores in Hunan Province over the next five years. MGI’s initial foray into this market is through Beijing, Tianjin and parts of Hebei Province.
“This is the second franchise contract secured in China within the span of a few months. The strong interest in Yellow Cab Pizza reinforces our vision of growing the brand successfully all over the Chinese region,” said Max’s Group President and CEO, Robert F. Trota.
This marks the third development agreement inked by MGI for 2016, bringing its total international pipeline to 111 stores slated to open in the coming years. MGI has announced plans to establish a network of 200 outlets overseas by 2020.
“We consider Changsha New Yorker Catering Management Co., Ltd. a suitable partner to serve our products in another key area in China. They possess the capabilities and business acumen to operate successfully,” Mr. Trota added.
Changsha New Yorker Catering Management Co., Ltd. was established to primarily engage in the food and beverage business.
“We are very excited about the cooperation with MGI and become the partner of Yellow Cab Pizza. When the first time we get to know Yellow Cab Pizza we are confident that Chinese customers will love it. Yellow Cab Pizza’s brand position is very accurate and owns a well-developed business model, which means a pizza from New York, easy understand food menu, easy recognized yellow and black color, standardized operation procedure, and easy placed online order procedure. We are very confident that Yellow Cab Pizza can quickly expand the market and become the leading pizza brand of China market,” stated Mr. Felix Lee, Director of the Board for Changsha New Yorker Catering Management Co., Ltd.
Yellow Cab currently operates a network of 135 branches including 6 franchised outlets located in Qatar and 1 in UAE.
Max’s Group Inc. (MGI,
PSE: MAXS) posted a net income of P501.4 million in 2015 coming from a reported
loss of P66.2 million in 2014. On a pro-forma basis, topline growth was at 6%
to P10.4 billion from P9.8 billion despite deliberate closures to rationalize
store network and improve overall profitability. Restaurant sales increased 6%
to P8.6 billion from P8.1 billion driven by
additional company-owned and franchised outlets in 2015. As a result, commissary sales and franchise income rose 2% to P1.3
billion and 37% to P497.5 million, correspondingly.
Excluding one-time gains and
non-recurring charges, core net income stood at P555.0 million.
“The results validate a
complete turnaround of our business. From a transformative period in 2014, we
have successfully transitioned to the growth phase. We are confident with our
strategies to sustain this trajectory in the coming years,” said Robert F.
Trota, President and CEO of Max’s Group, Inc.
In 2015, Max’s Group
opened 84 stores primarily across winning brands Max’s Restaurant, Pancake
House, Yellow Cab Pizza and Krispy Kreme. This includes pioneering its first
multi-brand shared space dining concept Burgos Eats and Eco Eats, located in
Bonifacio Global City and Makati, respectively. While bulk of the stores were
built in the last quarter, these new stores are seen to significantly
contribute to revenues in 2016. As of end-2015, MGI operates a network of 588
stores including 35 abroad.
“There were certain
delays encountered in our rollout schedule beyond our control. Nevertheless,
full revenue impact of our new stores is expected to be realized this year,”
added Mr. Trota.
Moreover, MGI was able to
sign 5 development agreements in 2015. A total of more than 50 outlets overseas
have been earmarked to open in the coming years. These are 15 Yellow Cab Pizza
stores in Saudi Arabia, 10 Yellow Cab Pizza stores and 8 Pancake House stores
in United Arab Emirates, 10 Sizzlin’ Steak stores in Vietnam and 3 Max’s
Restaurants in San Diego. Early this year, MGI inked a deal to establish 15
Yellow Cab Pizza stores in China and a minimum of 5 Pancake House stores in
Qatar.
“We are excited about the
prospects of our brands in the global stage. Our international expansion
program continues to garner interest from several foreign groups. We are aiming
to seal additional offshore markets in 2016,” stated Mr. Peter H. King, Chief
Executive Officer of Max’s Group International.
Max’s Group continued to
invest in 2015 in support operations to generate synergies and efficiencies.
MGI adopted category management in the sourcing of raw materials to leverage on
negotiated prices and terms with suppliers. Commissary equipment was modernized
to further enhance production capabilities. The Company embarked on a migration
to an upgraded enterprise resource-planning platform at record pace to
streamline processes. Furthermore, MGI has boosted its ancillary revenue
channels with the introduction of mobile ordering applications specifically for
Krispy Kreme and Yellow Cab Pizza.
“We recognize the need to
reinforce our support system to carry us forward. We also want to seize
opportunities on the prevailing mobile and delivery trend among consumers.
Other brands such as Max’s, Pancake House and Teriyaki Boy will soon follow
suit with their own,” remarked Mr. Trota
As part of its on-going
rationalization program, MGI winded down retail operations of its Le Coeur De
France coffee shop and boulangerie.
“There will be no
physical operations for Le Coeur De France for now but the brand will remain
and continue to serve its institutional clientele. We may revisit its business
model and may consider re-launching in the future,” said Mr. Trota
The
new Yellow Cab app, which is created in partnership with Mobext Philippines, comes
with an array of features and functions for the most convenient pizza delivery
service.
One
remarkable feature of this mobile app is its coupon distribution to customers
who rate their dine-in or in-app ordering experience. App users can redeem the
coupons in-store or while ordering for delivery/pick-up.
The
app lets users track their pending order with its Order tracker feature as the
app shows the different stages of the delivery or pick-up process. For
deliveries, you will know when the status shows Order Received, Preparing
Order, On Its Way or Order Delivered while for pick-up, it will be Order
Received, Preparing Order or Ready for Pick-Up.
You
can now also look up the nearest Yellow
Cab store branches with the app’s store locator function.
Aside from each branch’s address, map location, and contact number, the app
offers the call function so you can conveniently get in touch with any Yellow
Cab store.
Yellow
Cab’s pizza delivery app is just in time for the smartphone penetration boom in
the country. With the smartphone ownership rate in the Philippines growing from
50% to 55% this year,(Source: WeAreSocial SG Digital in 2016) this mobile
marketing effort will help the company in reaching their customers on their
most-used gadgets.
According
to Coochy Mamaclay, Yellow Cab’s Marketing Manager, “Designed to match our
brand’s identity and message, the Yellow Cab app enables our consumers to
experience the good stuff by a few taps on their mobile devices. It is fast,
straight-forward and convenient, giving them a one-of-a-kind experience that caters
to their needs, interests. In Yellow Cab, we always ensure that we let you Get
Straight to the Good Stuff!”
Mobext
Philippines’ CEO Arthur Policarpio said, “Our goal at Mobext is to re-invent
the very concept of retailing. We believe that in today’s mobile-first digital
era, stores need to approach retail with a multi-channel approach that combines
the power of their brick and mortar presence, with a strong mobile-first
digital store. We are happy and proud to work with Yellow Cab in their first
foray into mobile-first digital retailing. We are confident that the Yellow Cab
mobile app will delight consumers, as well generate significant revenues for
Yellow Cab.”
The
Yellow Cab app is now in Google Play and Apple App Stores. You can also follow Yellow Cab through
its website andFacebook page
for exciting updates.
The Krispy Kreme Philippines app, developed by its mobile marketing agency Mobext Philippines, bagged the country’s only win in the Mob-Ex Awards 2016.The app received Bronze Award for CRM, Loyalty and Engagement category, beating Mastercard and Grab. The Gold award went to Zalora SEA while the Silver award went to HappyFresh.
Aside from being a doughnut delivery app, the Krispy Kreme app (available on App Store and Play Store) is a 100% mobile-based, completely cardless loyalty program, combining mobile commerce and rewards in one sweet package.
The mobile delivery component addressed the lack of delivery services for desserts while the Krispy Kreme Stamp Card rewarded app users with treats and exclusive e-coupons.
“We are honored to receive recognition from this prestigious award. This celebration motivates us to do more to serve and reward our Krispy Kreme fans with the best through our mobile marketing efforts”, said Ariane M. Valinton, Senior Marketing Manager of Krispy Kreme.
According to Arthur Policarpio, CEO of Mobext Philippines, “We are happy that our partnership with Krispy Kreme helped build meaningful connections and lifetime value between the brand and its mobile-savvy customers. Winning the bronze medal in Mob-Ex Awards recognizes our ability to compete with the best communication brands across the region and prove that mobile is business.”
This is Mobext Philippines’ 9th international award in the last three years and the 4th award bagged from Mob-Ex.
[Repost from http://www.mobext.ph/blog/krispy_kreme_mobext_win_bronze_mob_ex_awards_2016)
The idyllic Cordillera region is fast becoming a progressive hub for tourism, sustainable livelihood, and local agricultural heritage behind the efforts of the country’s leading organizations, led by the Max’s Group, Inc. (MGI).
In its efforts to help strengthen the local agriculture sector—a critical backbone of the food industry—MGI is partnering with the Department of Tourism-CAR-Baguio to empower farming communities to be competitive and become a source of pride for local food through the launch of its Corporate Sustainability, Synergies, and Relationships (CSSR) program. The launch follows the CAR Sustainable Farming and Tourism Conference, a program that MGI helped put together, where experts from the agriculture, business, and food sectors gather to help improve the Cordillera region’s farming methodology and achieve sustainable income.
“From educating the youth to educating communities to make their own success stories, we at Max’s Group, Inc. have always been very conscious about how we fulfil our role to bring greater value to our society in areas close to our hearts,” says MGI Director Carolyn T. Salud. “As 70% of the country's poorest communities come from the rural areas where agriculture is the dominant source of livelihood and employment, we believe that it is imperative that all concerned sectors—the government, the private sector, and civil society—work together to help make Philippine agriculture more resilient and bring about sustainable livelihood to local farmers.”
Empowering communities that matter
As the country’s largest casual dining operator, MGI leads the efforts of huge organizations in advocating the country’s farming communities by elevating the Filipinos’ sense of pride in local food and local produce.
“Having a prominent standing in the local casual dining segment, we believe that we have the opportunity to lead the efforts to empower our humble yet under-advocated farming communities,” Salud adds. “We hope that by working with local government units and other organizations whose values are very much aligned to ours—such as CAR and the MPA consortium—we will be able to forge more meaningful relationships across different sectors and start creating ripples of progress from there.”
Max’s Group’s CSSR programs—which will be launched in Baguio this February—will be guided by these pillars: (1) pride of product and place, and (2) enterprise development.
Spreading the love by giving back
While MGI has already been promoting pride of product and place by serving local specialties in select branches nationwide, the company sees a bigger opportunity to create a larger discourse towards this goal. Hence, it is now rendering its support to local farms by making them ambassadors of local food through its “Adopt-a-Farm” program.
Additionally, MGI will soon be forging partnerships with LGUs and farmer associations to source ingredients locally, thus providing a permanent market for high-quality yields being produced by its partner communities.
“We will be rolling out our Tinawon Rice Dishes as a symbol of our commitment to our partnership with the farming communities of the Cordilleras,” Salud shares. “These dishes will proudly feature the tinawon rice harvested by Benguet farmers, and will be rolled out in select Max’s Restaurants in Northern Luzon.”
The Tinawon Rice Dishes—to be offered in adobo, tinola, and danggit variants—will be served in Max’s Restaurants in SM Baguio, SM Rosales, Urdaneta, SM Tarlac, Luisita, La Union, SM Cabanatuan, and Maharlika Highway in Cabanatuan City in May.
Through its portfolio of loved brands, MGI is inspiring greater appreciation for local produce while giving local farmers a chance to have stories of their agricultural heritage heard through its pioneering CSSR initiatives. Drawing inspiration in helping create communities that thrive from the same vision it has in building well-loved brands, the Max’s Group is redefining the idea of true corporate success—one that is rooted on the organization’s capability to nurture long-term progress that benefits even the most humble members of our society. #
The Philippines is set to invade
China’s global dining scene beginning this year as Max’s Group, Inc. (MGI), the
country’s largest casual dining operator, ushers the maiden entry of Yellow Cab
Pizza in Asia’s
biggest food market.
Over the years, China's burgeoning
pizza market has been drawing the attention of international food brands,
following a phenomenal surge that has seen it grow to become a $2 billion
industry (equal to 1.6 percent of the $125-billion global market) in 2012[1].
This figure is a stark jump from what the market registered in 2007 when it
accounted for about $822 million of a $111.2 billion world market, based on
statistics from Euromonitor International.
Despite the slowing down of China’s
economy the past year, the younger generation and the millenials continue to be
the star of China’s growing pizza market as they can possess a certain degree
of openness towards foreign food concepts and look forward to new dining
experiences.[2]
In addition, Chinese tourists, recognized as the world’s third biggest
spenders,[3]
are traveling now more than ever and are taking the world’s culture—and the
experience imparted by foreign brands—back home.[4]
This has resulted to the tastes of Chinese consumers continuing to evolve and
develop as they become more accustomed to Western food culture.[5]
Acknowledging the potential of
establishing its presence in a market with a tremendous upside, MGI recently
inked a development agreement with its China-based partners from JuYangYiTong of
the Zhongfa Group to build at least 15 Yellow Cab Pizza stores in China within
the next five years. This key partnership—the first development agreement
signed by MGI with an international partner for 2016—keeps the company on track
with its plans to open 200 stores by 2020.
“We are thrilled with the opportunity
of bringing our pizza to Beijing, Tianjin and parts of Hebei province. We share
the excitement with our partner, JuYangYiTong of the Zhongfa Group, to serve
our food offerings to the Chinese,” said Max’s Group President and CEO, Robert
F. Trota. “This partnership is reflective of the strong interest in our brands.
We were able to surpass targets in terms of signing up new territories abroad
in 2015 and we aim to sustain this momentum in 2016.”
Carving a
following in Asia’s biggest dining market
After punctuating its status as a major player in the local dining scene
in 2014, MGI ended 2015 on a high note by opening more overseas franchises,
including 9 international stores across its portfolio, to bring its global
brands to key areas in Asia Pacific, the United States, Canada, and the Middle
East.
Now, MGI is upping the ante and
collaborating with JuYangYiTong
of the Zhongfa Group as it embarks on its maiden venture in China with its
premier New York-inspired pizza brand, Yellow Cab Pizza.
JuYangYiTong is the
Zhongfa Group’s latest vertical company that facilitates the latter’s expansion
into F&B business by bringing well-known international brands in China. Established
in 1993, Zhongfa Group is a diversified group based in China engaged in the
businesses of commercial real estate, electronic business and hotel management,
with operations spanning across China, the Philippines, Kenya, Palau,
Switzerland, and soon in Canada.
“We believe the food and beverage
industry in China has huge potential. With our newly established company,
JuYangYiTong led by one of the Zhongfa family members Mike Zhang, we plan to
satisfy the Chinese customers’ growing needs of high quality food and beverage
products,” shares Zhongfa Group CEO Guiping Wang. “We are delighted to choose
Yellow Cab Pizza as our first venture with the MGI Group. Yellow Cab Pizza has
everything that China’s discerning customers are looking for—quality, service
and ambiance.”
At present, MGI operates a network of 118
Yellow Cab Pizza branches, including six outlets located in Qatar.
#####
About Max’s Group, Inc.
Max's Group, Inc.
(PSE: MAXS) traces its heritage to the beginning of Max's Restaurant in 1945.
Today, Max's Group is the largest operator in the Philippine casual dining
segment. Its family of brands include Max's Restaurant, Pancake House, Yellow
Cab Pizza, Krispy Kreme, Jamba Juice, Max’s Corner Bakery, Teriyaki Boy,
Dencio’s, Meranti, Le Coeur De France, Maple, Kabisera, Singkit, and Sizzlin’
Steak.
About ZhongFa Group
ZhongFa Group is a diversified group, established in 1993 in Beijing,
China with operations spanning China, the Philippines, Kenya, Palau, and
Switzerland. The Group has interests in the commercial real estate, electronic
business, and hotel management. ZhongFa Group has three large electronic
components stores which are 36,000 square meters combined, and two large
shopping centers that cover 40,000 sqm. The Group also has two office building
projects in Makati City in the Philippines. Zhong Fa operates AA Lodges in Kenya
Amboseli and Masai Mara, Golden Phoenix Hotel in Boracay, Philippines and
Manila, while another hotel in Palau is being prepared to be built.
[1] “China
Pizza Passion Has Fonterra Riding Mozzarella Wave,” Bloomberg
business article by David Stringer dated April 2014 (http://www.bloomberg.com/news/articles/2014-04-08/china-pizza-passion-has-fonterra-riding-mozzarella-wave)
[2] “Pizza Power
2013 State of the Industry Report,” PMQ Pizza Magazine article by Liz
Barrett dated December 2012 (http://www.pmq.com/December-2012/Pizza-Power-2013-State-of-the-Industry-Report/?cparticle=4&)
[3] “Eight ways
China is changing your world,” BBC News article by Angus Foster dated October 15, 2012 (http://www.bbc.com/news/world-asia-19797989)
[4] “Chinese
people are travelling all over the world, and are taking their culture with
them,” Business Destinations article by Jules Gray dated August 25, 2015 (http://www.businessdestinations.com/relax/food-and-drink/chinese-cuisine-takes-centre-stage-across-the-world/)
[5] “More cheese,
please! Exporters toast China’s taste for pizza and cakes,” GMA Network
article dated August 21, 2015 (http://www.gmanetwork.com/news/story/533821/money/companies/more-cheese-please-exporters-toast-china-s-taste-for-pizza-and-cakes)
Does San Diego have a big appetite for fried chicken? A Filipino-owned chain is counting on it. Known as "the house that fried chicken built," Max's Restaurant was first founded in the Philippines in 1945 and has grown to span the globe with (almost) 200 branches, including outposts in California, Canada and the Middle East.
The company recently shared that it plans on opening three new eateries in San Diego over the course of the next five years. A representative for Max's told Eater that Mira Mesa, Escondido, San Marcos and Chula Vista are currently being scouted for locations with the intent of opening the first store by mid-to-late 2016. The local sites will initially serve Max's core menu, which includes its famous fried chicken and Filipino specialties, while gradually introducing new items.
Originally posted on San Diego Eater.
With the changing
lifestyle of today’s urban Filipinos, everyday dining experiences also become
more dynamic and a lot more vibrant.
Nowadays, urban Filipinos prefer a more convenient place where everyone
in the group can enjoy total customer satisfaction—from the food they crave for,
to being immersed in a more laidback atmosphere where each of them has the
opportunity to engage in conversations.
Understanding the urban Filipinos
distinct dining preferences, Max’s Group, Inc. (MGI) is now venturing into the
lifestyle hotspot that is Burgos Circle in Bonifacio Global City to introduce
its pioneering shared space, multi-format dining concept, Burgos Eats.
“We envision Burgos Eats to become a breath of fresh air in the local casual
dining scene and enrich the Filipinos’ dining tradition while catering to the
country’s changing food culture,” says Jim T. Fuentebella, MGI’s Executive
Director for Marketing. It provides a convenient space for people to get
together and share ideas over a variety of good food within the buzzing
district of Burgos Circle, a highly urbanized hub in the metro characterized by a community of
people leading multi-faceted cosmopolitan lifestyles.
Burgos Eats caters to the modern Filipino food culture by reinventing
ordinary dining experiences to make it more fun and a lot more engaging. The
overall blueprint of the shared space dining establishment is designed for
better interaction between brands and diners to prosper by allowing the space
to become the epicenter of leisure and activity.
A fusion of different experiences
Burgos Eats allows MGI—the largest casual dining operator in the
country—to go beyond their individual stores and create a venue where a
community of diners can interact with each other and some of the company’s
loved food brands, such as Yellow Cab, Pancake House, Teriyaki
Boy, Krispy Kreme, and Jamba Juice.
As off-mall dining experiences
become more popular among various age groups in the country, the company feels
that its recent foray into a culinary-lifestyle hub gives it an edge against
the rest of the competition.
A
sense of diverse flavor, vibe, and interaction welcomes diners as one step into
Burgos Eats. Once inside, visitors
will find themselves surrounded by the multiple yet distinct characteristics of
MGI brands—the
vibrant New York mood of Yellow Cab, the friendly Japanese experience of
Teriyaki Boy, the joyful sweetness of Krispy Kreme treats, the healthy blends
of Jamba Juice, and the warm, homey atmosphere of Pancake House—all under
one roof.
An even more interesting feature of Burgos Eats is the freedom and the
flexibility that diners can enjoy within the shared space. Wherever they may be
in any of the five MGI stores at the venue, customers can order whatever they
want from all five restaurants without having to physically move from one store
to the next. An example would be ordering a smoothie from Jamba Juice without
leaving the table in Pancake House—an innovative approach that gives diners the
chance to experience the diversity of dining experiences that MGI offers.
With
this blueprint in mind, Burgos Eats transforms
one’s ordinary dining expectation to curate a more intimate yet interactive
urban dining experience. With the rich
mix of flavors and interaction, Burgos
Eats thus becomes an epicenter of leisure and activity that gives its
community a momentary escape from the buzz of the busy metro.
Max’s Group, Inc. (MGI) posts net income of P313.12 million for the first nine months of 2015, from a loss of P31.36M for the same period last year.
“The results are reflective of the historical seasonality effect during this time of the year. Nevertheless, we are poised to generate momentum ushering into the Christmas period,” stated Robert F. Trota, President and CEO of MGI.
The Company disclosed its nine months earnings on Tuesday, which pertains to the results of operations of Max’s Entities and Pancake House Group from January to September 2015. As of end-September, Max’s Group consolidated revenues rose 170% to P7.30 billion versus reported figures for the same period last year. On a pro-forma basis, topline growth was 6% in spite of delayed openings and planned closures of underperforming stores, which forms part of the Company’s on-going rationalization program. MGI is expected to benefit from a streamlined store network allowing it to maximize returns and resources.
“There were unforeseen delays encountered for with our store openings but nonetheless we are geared to accelerate our pace in the remaining months. We are looking to add around 50-60 new stores by December with full year revenue potential expected to be realized in 2016,” Trota said.
EBITDA increased 90% to P988.74 million for the nine months ended 2015 versus P521.27 million for the same period last year. Excluding non-recurring costs, normalized earnings stood at P339.97 million as of September 2015. “Our EBITDA level reaffirms the strength of our core business as we reinforce our platform for growth,” Trota added.
On support, continuous implementation of category management in the sourcing of raw materials has translated to a 1.7% margin improvement on food costs. Moreover, the initial rollout of an upgraded enterprise resource-planning platform aimed at standardizing systems and processes is likewise underway. This initiative is seen to extract additional synergies and efficiencies from support operations.
Store sales, which comprised bulk of revenues, grew 6% to P6.20 billion from P5.87 billion for the first nine months of 2014. Franchise income went up 41% to P287.05 million as of September 2015 from P204.13 million versus the same period last year. Commissary sales rose 3% to P813.59 million year-on-year.
From July to September, the Company opened 15 restaurants both locally and overseas. Newly launched outlets include Max’s Restaurant in NAIA Terminal 3, UP Town Center and E. Rodriguez Avenue Quezon City, Krispy Kreme in SM Calamba and SM Lipa, Yellow Cab in Sta. Lucia Mall and Kidzania Taguig and Pancake House in Bonifacio Stopover. It also unveiled its 19th Max’s Restaurant overseas located in Al Ghurair, United Arab Emirates. Max’s Group currently operates a network composed of 547 stores.
Reaching out to new territories
“We have signed four development agreements with reputable international partners this year for 15 Yellow Cab stores in Saudi Arabia within 10 years, 10 Yellow Cab and 8 Pancake House restaurants in United Arab Emirates within 5 years and 10 Sizzlin’ Steak outlets in Vietnam within 5 years,” Trota remarked.
Dividend policy
Max’s Group, Inc. announced a dividend policy of at least 20% of prior year’s net income to be settled within a 30-day period from the declaration date of such dividends. “We recognize the need to balance growth and shareholder interest in the long-term,” Trota closed.
The flavors that
Filipinos have come to love from Max’s Group Inc. (MGI) – the most iconic
Filipino food company – is further developing its presence in the Middle East.
Over the years,
MGI has been expanding its reach to every corner of the Philippines, bringing
well-loved brands and their well-known flavors to every region in the
nation. This year, as it celebrates the 70th anniversary of Max’s
Restaurant, MGI’s flagship restaurant brand, the group is taking its aggressive
expansion plans further abroad.
While this is
not the first time they are expanding overseas as Max’s Restaurant is already operating
in several cities in the USA, Canada and the UAE, MGI’s plan to bring this
iconic brand to the other parts of the globe shows the kind of confidence and
drive the company has acquired over the years.
MGI, in partnership with Foodmark, a Landmark Group subsidiary and MGI’s
official franchisee partner in GCC, brought the “Sarap to the Bones” experience
to Al Saad, Qatar by opening the first Max’s Restaurant in the country. This
move was welcomed with open arms, particularly by the legions of overseas
Filipinos based in the Middle Eastern country. The opening of the Al Saad
branch brings Max’s Restaurant’s store network to six in the GCC.
Encouraged by the store’s strong grand opening sales of over $20,000,
Foodmark plans on strengthening their expansion efforts by opening one more
store each in the UAE and Qatar this year, as well as a couple more in Kuwait
and Saudi Arabia next year.
MGI also
recently signed development agreements to bring two more of its premier food
brands to the UAE.
Tablez Food
Company LLC, the F&B division of the highly diversified LuLu Group and
MGI’s partner for Pancake House, plans to build at least eight stores in the
UAE within the next five years. Pancake House is a homegrown favorite and a pioneer
in the pancakes and waffle concept.
Yellow Cab Pizza,
a leading player in the local pizza segment, will also be opening its doors
soon in the UAE as MGI’s Middle East-based partner Cartoon Fashion Group, aims to
build 10 Yellow Cab Pizza stores within the next five years.
The Philippine franchising industry, according to Trade Secretary
Gregory Domingo, has consistently been one of the strongest performing pillars
of the local economy. Over the past few years, the sector has grown by 20%-25%
in terms of annual turnover, registering a significant jump from $3 billion to
$7 billion. Aside from this, the local franchising sector has also seen its
number of workers balloon to almost 5 million in 2012,[1] while also doubling the
number of franchises from 600 to about 1,200.
In 2014, local franchise brands—particularly those engaged in the
food business—continued to spearhead this phenomenal growth as they accounted
for two-thirds of the revenue generated by the sector. The fact is that the
food industry remains as one of the most stable economic sectors in the country
today and, as such, is a highly attractive investment option. Experts strongly
believe that the food industry plays a major role in the Philippines has a
consumption-driven economy. This
role, in turn, can be attributed to the Filipinos’ spending habits that put
food at the top of the list.
Investors lured by Filipino dining culture
A recent report by the International Enterprise Singapore (IES)
revealed that Filipino restaurant diners spend as much as $25 (or about
Php1,200) per meal—a clear indication why local food businesses continue to
thrive in the country. “Filipinos have a hearty appetite. It is typical for
them to eat at least five times a day,” the IES report cited.
Filipino diners are also more inclined to choose restaurants that
serve authentic-tasting food and, much like the rest of the world, dishes that
are healthy and made from organic ingredients.[2] These developments can be attributed
to the growing number of Filipinos who are becoming more adventurous in their
lifestyle and yet are still conscious of what they consume.
This consciousness is, in turn, causing more Filipinos to choose
locally sourced food and ingredients in order to support the country’s
agricultural and food manufacturing industries. This consumer behavior has then
moved investors to look into local industries and companies as these are the
ones gaining considerable support from consumers.
Although there is no guarantee that any investment is risk-free,
the food industry presents the least number of risks due to the nature of what
it provides—basic sustenance. With
the kind of dining culture Filipinos are known for, there will never be a lack
of people who need and will buy food—something that makes investing in food
business, whether through buying stocks or opting to franchise, a highly
encouraging endeavor to pursue.
“Franchising also puts high value on strong branding and excellent
services and products, which gives franchise brands the better chance of
becoming global brands. In fact, many of the internationally renowned brands
today are franchises,” says Philippines Franchising Association (PFA) chair
emeritus, Samie Lim in a recent interview.
With more investment opportunities and a global market to play at
following the ASEAN Integration, it truly makes for an exciting time to be part
of the country’s thriving food industry.
The “chain” advantage
While investing in the food sector is attractive, it is a highly
competitive industry, especially in retail.
Therefore, selection of a strong player, with strong brands and proven
operations is key. One of the local food
companies eyeing to go all-out in the coming years is Max’s Group, Inc. (MGI),
a publicly listed restaurant operator considered as one of the most successful
casual dining chains in the country.
MGI bolstered its status as one of the biggest and strongest players
in the local food sector when it posted a significant jump in net income during
the first half of this year. This
came on the heels of then Max’s Group of Companies’ acquisition of Pancake
House, Inc. in 2014 to become the leading chained full-service restaurant group
in the country.
As the country’s largest dining chain, MGI’s planned international
expansion for the last quarter of this year and the whole of next year makes it
a prime option for investors. Seeing as MGI has over 14 different brands that
cater to various tastes—operating iconic food brands like Max’s Restaurant,
Max’s Corner Bakery, Pancake House, Yellow Cab, Teriyaki Boy, Dencio’s,
Kabisera, Sizzlin’ Steak, Le Coeur de France, Maple, and international foods
brands Krispy Kreme and Jamba Juice—the company has the advantage of having a
diverse pool of consumers that support each and every brand. At present, MGI is
looking to expand five of its 14 brands to the Middle East, Asia, the United
States, and Canada, among others, in the next few years—a move that gives
investors a chance to expand their respective portfolios in the global
arena.
“It is true that the franchisor-franchisee relationship requires a
special kind of commitment between the two parties, and one way to ensure commitment
is choosing the right franchisee,” says MGI President, Robert F. Trota in a
recent interview. “We have to
bear in mind that franchising is often likened to marriage, which stresses the
need for shared values and a common vision between the husband and wife to make
the marriage work. This means that a franchisor needs to have a franchisee that
shares the values and vision of the franchisor’s brand.”
With more than 70 years of experience in the food industry, a
strong franchise portfolio consisting of over 500 outlets nationwide and 35
stores overseas, MGI has certainly strengthened its case as a strong contender
in the Philippine investment market.
[1] “Make PH Asia’s franchise hub,
Filipinos urged,” The Manila Times article by Voltaire Palaña dated June 10,
2015 (http://www.manilatimes.net/make-ph-asias-franchise-hub-filipinos-urged/190850/)
[2] Unilever Food Solutions. (n.a.).
[2015 Food Trends] [Infographic]. Retrieved from http://www.unileverfoodsolutions.com.ph/our-services/your-guests/trend-watch/2015-food-trends
Max’s Group Inc. (MGI) further cemented its status as one of the most bankable franchises in the Philippines when it bagged four major awards at the 2015 Franchise Excellence Awards—a platform that recognizes the country’s best-managed companies in the franchising business held recently at the Manila Marriott Grand Ballroom.
Max’s Restaurant—the flagship company under MGI—received the PricewaterhouseCoopers (PwC) Iconic Filipino Franchise award, as well as The President’s Award (Food: Large Store Category Hall of Fame)—the highest recognition awarded to local franchise companies that have become benchmarks in overseas expansion. A Max’s Restaurant franchisee from Bataan, Ms. Michelle Alonto, also became the recipient of the National Franchisee Award, a recognition given to successful and excellent franchisees who made key contributions to the local franchise system and to society.
Krispy Kreme, MGI’s international doughnut franchise, was also
awarded the International Master Franchise (Food: Large Store Category) for
solidifying its status as a benchmark in international franchise operations. MGI
brands’ wins at the 2015 FEA further strengthen the company’s reputable
standing as a major player in the local food industry.
On-hand to
receive the PwC award for Max’s Restaurant were (third from left) Max’s Group
Inc. (MGI) CFO and Director Dave T. Fuentebella; (fourth from left) MGI
President and CEO Robert F. Trota; (fifth from left) MGI Chairperson and
Director Sharon T. Fuentebella; and, (sixth from left) MGI Director Jimmy F.
Trota. Joining the MGI principals in the photo are (L-R): DTI Undersecretary
Zenaida Maglaya; Isla Lipana and Company Chairman Atty. Alex Cabrera, PCCI
Honorary Chairman Sergio Ortiz-Luis; and Philippine Franchise Association (PFA)
Vice Chairperson Bing Sibal-Limjoco.
MANILA – Max’s Group, Inc. (MGI) continues to aggressively expand its presence in the global scene. Pancake House, a homegrown favorite and pioneer in the pancakes and waffle concept, is set to make its initial foray into UAE.
MGI recently inked a development agreement with Lulu Group to build at least 8 Pancake House stores in UAE within the next five years.
“We are pleased with the opportunity to further broaden our reach in the UAE this time around for Pancake House. We are excited with our partnership with Lulu Group, an established retailer with a storied and rich history of success, to serve our products to the Emiratis,” said Max’s Group President and CEO, Robert F. Trota.
“We are also encouraged that our international campaign has received strong interest from a number of potential foreign partners. This can be attributed to the strength of our diverse portfolio of brands catering to various markets and tastes, anchored on a solid and well-organized MGI support system,” Mr. Trota stated.
This marks the fourth development agreement signed by MGI for 2015. The company plans to have at least 200 international outlets by 2020 across its brands.
“For this year, we were initially aiming at closing at least two territories. With this, we were able to exceed our targets,” Mr. Trota added.
Established in 1996, Lulu Group is a highly diversified group based in UAE engaged in the businesses of retail, imports, exports, trading, shipping, information technology, tourism and education, with operations spanning across 21 countries. Its latest venture into food and beverage, through Tablez Food Company, has created its own portfolio of restaurants, cafes and ice cream stores coupled with international franchised brands in the Middle East and India.
"We at Tablez have always believed in bringing in unique brands from around the world in the evolving and highly competitive food and beverage sector in the gulf region. I am absolutely delighted in partnering with Pancake House, one of the most popular brands from the Philippines. I am also excited about the fact that UAE and the gulf region is home to a large Filipino community and a brand like Pancake House will be a big hit and also gives us a chance to present this brand to other diverse nationalities residing here," remarked Tablez Food Company CEO Shafeena Yusuff Ali.
Pancake House currently operates a network of 123 branches including nine franchised outlets located in Malaysia and Brunei.
Max’s Group,
Inc. (MGI) is poised to take another one of its brands to the international
scene. Sizzlin’ Steak, a homegrown brand serving premium quality meals on a hot
plate system, is set to make its maiden entry into Vietnam.
MGI recently
signed a development agreement with L Concepts Limited (L Concepts) to build a
minimum of 10 Sizzlin’ Steak stores in Vietnam within the next five years.
“We are
thrilled in this partnership with L Concepts given their strong credentials and
long history of success. We are excited to introduce our sizzling offerings to
the Vietnamese market,” said Max’s Group President and CEO, Robert F. Trota.
“Our overseas
expansion continues to gain more ground. We envision to rollout our key brands
outside the Philippines with strategic franchise operators. As new markets are
established and momentum builds in the next few years, we expect the
international portion of our business to be a significant contributor to system-wide
sales and to our bottom line,” Mr Trota added.
L Concepts is
an emerging food and beverage player that focuses on the development of unique
gastronomic experiences in Southeast Asia.
The group currently operates a collection of leading restaurant brands,
franchises and lifestyle concepts across the premium casual and fast casual
dining segments. L Concepts is a wholly owned subsidiary of The Longfort Group.
“We are honored
to partner with MGI and look forward to bringing the Sizzlin’ Steak experience
to Vietnam to bring the best possible customer experience to Vietnamese
consumers,” said Mr TW Pang, Chief Executive Officer of The Longfort Group. “We
believe that Vietnam’s increasingly discerning consumer is in need of high
quality F&B products and services at affordable prices and that Vietnam
offers tremendous growth opportunities for those aiming to capture this space.”
This marks the
third development agreement inked by MGI for 2015. Previous signings include 15
Yellow Cab restaurants within ten years in Saudi Arabia as well as another 10
Yellow Cab branches within five years in United Arab Emirates. The company
expects to further augment its vast store network by at least 200 outlets from
the international front by 2020.
Sizzlin’ Steak
currently operates 10 branches in Metro Manila. Plans are likewise underway to
establish a pilot store in the United States.
One of the most loved Filipino brands celebrates 70 years of dishing out #ChickenLove with the comeback of its most memorable, popular and delightful promo. The long wait is finally over because Max's CHICKEN-ALL-YOU-CAN is back!
Max's Group Inc.'s Marketing Director, Mark Gamboa, said "Our Chicken-All-You-Can promo has always been such a success story for Max's. You will not believe the clamor we get yearly and the feedback has been tremendously positive. Now, 2015 is a milestone year for us since we're celebrating our 70th Anniversary and we felt the timing was perfect to bring it back. This is just one of the many ways we want to show how thankful we are to all the people who have made Max's part of their lives."
Chicken-All-You-Can officially jumpstarts Max's 70th Anniversary celebrations and we can expect a lot of exciting treats from ‘The House that Fried Chicken Built.’ From its humble beginnings in the 1940s to a world-class family restaurant serving great Filipino comfort food steeped in tradition, Max’s Restaurant has secured its place in every Filipino’s heart.
Reaching out via social media, Max’s conducted a poll where people were asked their preferred day for this ‘Sarap-to-the-Bones’ promotion. The millennials and netizens, who have given their full-fledged support since the first Chicken-All-You-Can, have spoken and voted to end the week right and get their Chicken Love fix every Friday from 6-10 PM on July 17, 24, 31, and August 7 and 14. This is available nationwide in all Max’s Restaurants. For only 229 pesos, customers can have their fill of Max’s famous fried chicken with one glass of any Pepsi product.
Call your family and friends and head on over to your nearest Max’s Restaurant every Friday and get a taste of what Chicken Love is all about! Be sure to stay tuned to the official social media accounts of Max’s Restaurant on Facebook www.facebook.com/maxsrestaurant or on Twitter @maxsrestaurant for more updates. #
Global brand Krispy Kreme, known for its premium and delectable doughnuts, celebrated its 78th anniversary last July with a one-of-a-kind birthday surprise for its customers.
Krispy Kreme fans who downloaded and registered in the Krispy Kreme Mobile Application, or presented the 78th Birthday Celebration voucher from Krispy Kreme’s official Facebook, Instagram and Twitter pages enjoyed a box of six of its mouthwatering and world-famous Original Glazed doughnuts for only Php 78.
The brand that gives "Joy in a Box" also launched its limited edition birthday doughnuts - Birthday Cake Batter with fun rainbow sprinkles, and Brownie Batter with rich chocolate ganache and chocolate chips.
“For the past 78 years, Krispy Kreme has shared in the fun and unforgettable memories of its customers, witnessing and taking part in countless smiles, conversations and celebrations. This birthday treat is our way of thanking everyone for being part of Krispy Kreme’s wonderful story of delighting people,” said Ariane M. Valinton, Marketing Manager for Krispy Kreme Philippines.
Visit www.krispykreme.com.ph or @KrispyKremePH on Facebook, Instagram and Twitter to learn more about the latest delectable treats.
MANILA – Max’s Group, Inc. (MGI) has gained headway in its expansion program with the opening of 18 new stores across the Philippines at the close of the second quarter of 2015.
Max’s Restaurant, the group’s flagship brand, led the expansion with the opening of six stores, followed by Pancake House with three, Krispy Kreme with three and Jamba Juice with one.
On the international front, MGI opened three international outlets. The company opened its 14th Max's Restaurant in North America located in Daly City, California. It also unveiled a new Pancake House in Damansara Jaya, Kuala Lumpur, bringing its total to eight stores in Malaysia.
MGI also recently signed a development agreement with Middle East-based Cartoon Fashion Group to build 10 Yellow Cab Pizza stores in the United Arab Emirates (UAE) within the next five years, and with the Zaid Alhussain & Brothers Group of Companies to open 15 branches in the Kingdom of Saudi Arabia within the next 10 years.
“We remain on track with our expansion plans both domestically and overseas. Most of our new store rollouts traditionally occur in the latter part of the year," shares Robert F. Trota, President and CEO of MGI.
As of June, Max’s Group has a total of 532 outlets. It plans to accelerate its store rollout pace in the second half of the year primarily across its winning brands in time for scheduled mall openings and the Christmas season. #
Max’s Restaurant’s Chef Cristobal Desulo recently showcased our very own Lumpiang Ubod in the Flavors of the Heart multicultural culinary event at the Work Market Center Las Vegas on September 20, 2014. He joined world-renowned chefs from Bacchanal of Caesar’s Palace, Nobu, Chef Beni and the Las Vegas Country Club. Flavors of the Heart was an event sponsored by the American Heart and Stroke Association aimed at educating the community on healthier food choices and motivating restaurants to create heart-healthy dishes. The event saw 500 guests and featured 25 local restaurants.
Chef Tobal’s passion for cooking led him to move to the city of Manila in June 1968 and landed his first job the same year at the 3rd location of Max's Restaurant in the Philippines as a Kitchen Helper. In 1984, “Cheffy,” as he is fondly called, was tapped to manage the second location in California at Wilshire Boulevard as the Head Chef. Last year, he celebrated his 45th year with Max's and serves as the Kitchen Opening Team for Max's North America. Now, Max's has over 150 locations in the Philippines, USA, Canada and the Middle East.
As Filipino cuisine is gaining popularity in the international dining scene, Max’s Restaurant has recently received positive reviews in an online article by Marta Gold in the Edmonton Journal, because of its “truly outstanding” chicken and “friendly and inviting atmosphere.”
Max’s Restaurant made its first Alberta appearance recently, settling in a low-profile strip mall in northwest Edmonton, Canada, which Marta described as “an enormous restaurant with multi generational families, miscellaneous celebrations and myriad children dashing around—a cheery place”.
Marta shared her thoughts on Max’s chicken where “simplicity is key,” and appreciated the absence of greasy breading, but still well-seasoned and deep-fried with delicately crisp skin. She explains that this is “why Max’s tasty flock has spread halfway around the world.”
She proceeds to review and share appreciation of our other dishes including sinigang, sisig, adobo, and halo-halo, and considers Max’s a welcome addition to Edmonton’s growing multi-cultural food scene.
In another website, the Georgia Straight online, Max’s kare-kare was featured by Tara Lee in an article entitled, “From boeuf bourguignon to kare-kare, a world of stews sooths the soul in Vancouver.”
Kitchen supervisor Jennifer Pedrosa and chef Rhandale Generoso talked about the process of making kare-kare, which requires boiling oxtail and cubed beef shank in water with celery, garlic, carrots and onion for over three hours. Max’s Restaurant was featured with other restaurants that served stews locals craved over the fall and winter seasons including Johnnie’s Fox’s Irish Snug, La Regalade and Boteco Brasil.
Truly, Filipino food, service and hospitality through Max’s Restaurant is sparking interest and gaining foothold in the hearts of different foreign communities globally.
Max's Restaurant is the Company's flagship brand. Its rich heritage is rooted in decades of providing impeccable customer service and serving world-class food, especially the best fried chicken that every Filipino family can vouch for.
Max's Restaurant's popularity has skyrocketed since its inception in 1945. The House That Fried Chicken Built is now a well-loved household name in the Philippines showing no signs of slowing down with rapid expansion overseas.
Pancake House is known for more than just their fluffy pancakes and delicious comfort food. The warm service and familiar menu make for a homey dining experience in every branch. In fact, everyone in the Philippines has their own favorite Pancake House dish and their fair share of Pancake House memories.
Pancake House continues to add more items to their menu while still retaining the well-loved favorites like Pan Chicken, Tacos, Spaghetti, Waffles, and of course, the incomparable Pancakes.
A “Krispy Kreme branch opening near you” will be the best news you’ll hear all day. There’s something hypnotizing about the appetizing scent of freshly baked doughnuts, tasty coffee and the glow of the “Hot Doughnuts Now” light that makes every passerby want to step inside and grab a bite.
With more than 1,000 branches worldwide carrying a popular variety of doughnuts, the Krispy Kreme brand is one of the most recognizable brands in the world.
The Real American Doughnut Company, Inc., a wholly-owned subsidiary of the Company, holds the license to operate Krispy Kreme in the Philippines.
Fresh Healthy Juice Boosters, Inc., a wholly-owned subsidiary of the Company, holds the license to operate Jamba Juice in the Philippines.
Founded in California, USA, back in the 1990s, Jamba Juice is now the leading healthy active lifestyle brand with over 800 stores worldwide serving their delicious and better-for-you real whole fruit smoothies. They also offer a range of healthy items like freshly squeezed fruit beverages, steel cut organic oatmeal, fruit parfait, and baked goods. Aside from being at the forefront of healthy living, the brand has become a young, fun, and hip destination with a tinge of that Californian wit.
Max’s Corner Bakery (“MCB”) started with Ruby Trota in the early 1960s in Sucat, Paranaque. The brand became famous for its Dinner Rolls paired with Max's Fried Chicken. In 1970, the brand expanded by offering new products like Ensaymada & cakes through a take-out counter. Today, MCB offers “grab-and-go” bread, pastries, and cakes. MCB caters to both retail and institutional clients and major food establishments in the country.
Yellow Cab serves New York-style premium pizza in a fast casual dining setting. The feel of the “Big Apple” can be found in every edge and corner of a Yellow Cab branch from their logo akin to a New York cab license plate, to their modern industrial look, and especially when gorging on their hefty servings of pizzas and pastas generously loaded with fresh toppings.
At home, it’s always a delight to expect a yellow Vespa scooter bringing over a big box of piping hot Yellow Cab pizza.
Teriyaki Boy is the first of its kind in the Philippines, offering authentic Japanese food at an affordable price. Before the brand came about, Filipinos were accustomed to spending an arm and a leg for good Japanese food.
The brand maintains its foothold in the quick service restaurant industry by retaining their family-oriented atmosphere, and continuously introducing innovative and authentically Japanese menu items to keep up with the trends and consistently excite diners.
The Company acquired Dencio’s Bar and Grill in 2004. Already reputed to be a trendsetter in the bar and grill restaurant category, it has evolved into a favorite Filipino family restobar among balikbayans and professionals alike. Its nostalgic appeal is based on its signature Filipino dishes, complemented by the ambiance and destination vibe that distinguish its restaurants.
With a name that means "The Heart of France," Le Coeur de France is a French-inspired coffee shop, restaurant and boulangerie that boasts of assorted artisan breads baked fresh daily. It offers a high-quality and healthy menu consisting of soups, pasta dishes, gourmet sandwiches and delectable pastries making it an excellent stop for those with discriminating palates.
There's nothing as comforting as a good, hot meal enjoyed in an intimate ambience. That belief is at the core of the Maple brand. The restaurant offers a curated selection of Southwest American comfort food complemented with their signature pancakes and waffles drizzled with the right amount of maple syrup. Each meal is started off with the restaurant's signature maple buns and the more complex dishes like the Bourbon Bread Pudding never disappoints. Maple is located in upscale locales in Metro Manila that are frequented by the most selective of food lovers.
In May 2008, the Company established “Kabisera ng Dencio’s” to build on the Dencio’s brand and offer premium-quality Filipino cuisine to the high-end market.
Kabisera ng Dencio’s has since grown into its own identity as a go-to restaurant for a premium Filipino dining experience, a place where foreigners and locals alike can enjoy exceptional Filipino food and unwind over drinks.
Sizzlin' Steak was launched in 2007 to provide Filipinos the experience of Japanese steak dining at an affordable price. The brand offers a wide selection of meats complemented by special sauces. Sizzlin' Steak's hot plate system and dining environment puts a premium on product quality and service speed.
Singkit is a New-York inspired Chinese takeout and delivery service that originally served the central business district in 2006. Chinese food favorites such as Lechon Macau, Beef Broccoli and a variety of noodle dishes are served hot and conveniently packaged, ready for people on the go.
Max's Group, Inc. (MGI) operates more than 500 stores across 6 countries with a heritage in the Philippines dating back to 1945.
MGI is now expanding globally. Its International Division is actively seeking franchise partners across the globe to share in the growth of their much loved brands.
The Group's product categories which include pizza, chicken, coffee, casual all day American dining. Japanese and sizzling steak meals ensure that MGI has a brand for every occassion for every country.
The brands are backed up with a world-class multi functional support team to ensure sustainable long-term success for our franchise partners.
Brands for Philippine Franchising:
If you would like to share in our success and are interested in any of our much loved brands, please click the button below:
Max's Group, Inc. (MGI) operates more than 500 stores across 6 countries with a heritage in the Philippines dating back to 1945.
MGI is now expanding globally. Its International Division is actively seeking franchise partners across the globe to share in the growth of their much loved brands.
The Group's product categories which include pizza, chicken, coffee, casual all day American dining. Japanese and sizzling steak meals ensure that MGI has a brand for every occassion for every country.
The brands are backed up with a world-class multi functional support team to ensure sustainable long-term success for our franchise partners.
Brands for International Franchising:
If you would like to share in our success and are interested in any of our much loved brands, please click the button below:
It’s “The House That Fried Chicken Built”. First served to American Gls, the crispy, tender and juicy, fried chicken has been enjoyed by millions since it was first introduced in the Philippines in 1945. With a diverse menu line to complement the fried chicken, it’s the perfect place for family dining.
Pancake, Waffles, and more! Experience all day dining with favorite American comfort food like fried chicken, tacos, and spaghetti. Its warm, homey interiors make it the perfect place to take a break and enjoy a great meal!
Bite into Yellow! A pizza experience inspired by cosmopolitan New York and its world famous yellow cabs. With larger pizza portions and a mix of classic and specialty pizzas in an urban industrial setting, you are sure to experience great times, great pizza!
Fresh Healthy Juice Boosters, Inc., a wholly-owned subsidiary of the Company, holds the license to operate Jamba Juice in the Philippines.
Founded in California, USA, back in the 1990s, Jamba Juice is now the leading healthy active lifestyle brand with over 800 stores worldwide serving their delicious and better-for-you real whole fruit smoothies. They also offer a range of healthy items like freshly squeezed fruit beverages, steel cut organic oatmeal, fruit parfait, and baked goods. Aside from being at the forefront of healthy living, the brand has become a young, fun, and hip destination with a tinge of that Californian wit.
Tabemashou! or Let’s eat! Teriyaki Boy brings to the table quality Japanese food, friendly service and an authentic Japanese store experience at a reasonable price. Savor and delight in its delicious Teriyaki Boy Chicken and other Japanese favorites.
Steaks on a sizzling plate! Enjoy hot, fast, and filling meals with its signature steak combinations create your own sizzling meals by mixing and matching different sauces and sides.
The Company acquired Dencio’s Bar and Grill in 2004. Already reputed to be a trendsetter in the bar and grill restaurant category, it has evolved into a favorite Filipino family restobar among balikbayans and professionals alike. Its nostalgic appeal is based on its signature Filipino dishes, complemented by the ambiance and destination vibe that distinguish its restaurants.
It’s “The House That Fried Chicken Built”. First served to American Gls, the crispy, tender and juicy, fried chicken has been enjoyed by millions since it was first introduced in the Philippines in 1945. With a diverse menu line to complement the fried chicken, it’s the perfect place for family dining.
Pancake, Waffles, and more! Experience all day dining with favorite American comfort food like fried chicken, tacos, and spaghetti. Its warm, homey interiors make it the perfect place to take a break and enjoy a great meal!
Bite into Yellow! A pizza experience inspired by cosmopolitan New York and its world famous yellow cabs. With larger pizza portions and a mix of classic and specialty pizzas in an urban industrial setting, you are sure to experience great times, great pizza!