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Dencio’s Restaurant to Offer More Franchise Network

RESTAURANT operator Dencio’s Foods Corp. expects to triple its network to 47 stores in 2008 from the present 13, the company said, citing a report by property consultant Asian Appraisal Company Inc. The present network consists of three company-owned outlets and 15 franchise stores.

Dencio’s said it would open in 2005 another company-owned outlet in Daly City in San Francisco, California, with initial sales projected at 36 million pesos. Monthly sales of company-owned and franchise outlets range from 860,000 to 3.0 million pesos, it said. A seven-year projection until 2010 puts the average annual growth in monthly sales 20 percent.

source: business.inquirer.net

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