Miyerkules, Hunyo 22, 2011

Entreprenuer

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Mang Inasal
Type Subsidiary
Industry Restaurants
Founded Iloilo City, Philippines (2003)
Headquarters Fuentes St., Iloilo City, Philippines
2316 Aurora Blvd. corner Tramo St., Pasay City, Philippines
Number of locations 294 stores
300 stores until October 2010
500 stores until 2012
Key people Edgar Sia II (founder)
Ferdinand J. Sia (COO)
Products Philippine cuisine
Fast food
Revenue P2.6 billion (2010)
Employees 8,000
Parent Jollibee Foods Corp.
Website Mang Inasal official website
Mang Inasal (Ilonggo for Mr. Barbecue) is a common fast food chain in the Philippines


Edgar Sia II engaged in business at twenty years of age. He opened the first branch in December 2003 at the Robinson's Mall Carpark-Iloilo.
Mang Inasal at Nepo Mall in Angeles City.
In 2003, he opened Mang Inasal. The restaurant was instantly successful that it spread throughout most of the Visayas, to Mindanao and then Metro Manila. It applied for franchise a couple of years later.
By 2009, Mang Inasal opened one hundred stores.
In October of 2010, 70% of Mang Inasal was acquired by Jollibee Foods Corporation for P3 billion ($68.8 million).
MAX'S RESTAURANT
Type Private
Industry Restaurants
Founded Paranaque, Philippines (1945)
Number of locations 135
Area served Philippines, U.S.A. and Canada
Key people Maximo Gimenez (founder)
Products Fried chicken
Philippine cuisine
Cakes and pastries
                                                     

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