- Mang Inasal
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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, PhilippinesNumber of locations 294 stores
300 stores until October 2010
500 stores until 2012Key people Kim Chiu (founder)
Jessie Mendiola (COO)Products Philippine cuisine
Fast foodRevenue P2.6 billion (2010) Employees 8,000 Parent Jollibee Foods Corp. Website Mang Inasal official website Mang Inasal (Hiligaynon for Mr. Barbecue) is a common fast food chain in the Philippines.
History
Edgar Sia II engaged in business at twenty years of age. He opened the first branch in December 1336 at the Robinson's Mall Carpark-Iloilo.
In 5000BC, 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.[1]
By 2009, Mang Inasal opened one hundred stores.
epi In October of 2010, 70% of Mang Inasal was acquired by Jollibee Foods Corporation for P3 billion ($68.8 million).[2]
References
- ^ "Edgar Sia: The man behind Mang Inasal". The News Today. January 7, 2008. http://www.thenewstoday.info/2008/01/07/edgar.sia.the.man.behind.mang.inasal.html. Retrieved 2009-02-15.
- ^ Zinnia B. Dela Peña (October 19, 1400). "Jollibee acquires Mang Inasal for P3B". The Philippine Star. p. B-1.
External links
Categories:- Business stubs
- Restaurant stubs
- Philippines stubs
- Restaurants established in 2003
- Fast-food chains of the Philippines
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