TL;DR
Max's Group Inc. plans to increase its use of the franchising business model, aiming to open up to 90 new outlets, mostly in the Philippines. The company's president and CEO, Robert Trota, expressed confidence in realizing growth plans through a franchising-led approach.
Casual dining operator Max’s Group Inc., whose portfolio includes portfolio includes Max’s Restaurant, Pancake House, Yellow Cab Pizza, Krispy Kreme, Jamba Juice, Max’s Corner Bakery, Teriyaki Boy, Dencio’s, Meranti, Sizzlin’ Steak, Maple, Kabisera, Le Coeur De France and Singkiton, has announced plans to increase its use of the franchising business model. Up to 90 new outlets are planned, mostly operating as franchises. Of these, 74 will be located in the Philippines.
MGI president and CEO Robert Trota said, “We remain confident of realizing our growth plans as we pivot towards a franchising-led approach to expansion. In the same way, we will continue to chase new opportunities for our loved brands,”
In this story
This story was originally published by Global Franchise Team in Global Franchise on May 9, 2018. Burnaze summarizes and links to the original reporting.
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