Popular Classic Filipino Food ChainListing: #OR00486
About this Business for sale in ManilaPopular Classic Filipino Food Chain
This popular Filipino casual food chain specializes in affordable, mouth-watering dishes from authentic heirloom recipes which trace its roots back to the 1970s. Over the years, it has captured a good share of the Philippine casual dining market in the different areas where it operates.
Owners would like to sell the whole company, its brand, menu, processes and all existing company stores as well as rights to its franchised locations.
The business and its products are attractive to families and friends who consider it as a top of mind option to order and enjoy authentic and classic delicious meals. Though positioned as a casual dining place, it also captures a fair share of deliveries and take-out in its strategic locations.
Poised to expand via Franchising in three new locations, the Pandemic has temporarily delayed the opening of new franchise stores.
Entering the new normal, there is an opportunity to leverage on its strong brand identity and quality products, and expand as cloud kitchens with its full menu line up via more focused local store marketing, and aggressive digital marketing.
The current Owners would like to retire and are looking for the right buyer who can take care of this business the way that they have over the past 28 years. They are looking for someone who can provide the brand with the guidance, strategy and the financial support it needs to grow locally or even internationally.
Be the owner of a 28 year old family jewel.
+63 2 7900 8000
+63 917 842 3263
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.