The company is preparing to go public by the end of 2010 to solidify its stronghold in the Philippine fast food industry. MAGGOTS INSIDE CHICKEN – Mang Inasal has been a staple name in the Philippine food industry having thousands of chains across the country.. Much like other food chains, Mang Inasal also offered its signature products to be available for delivery through … Edgar Sia. (through RRB HOLDINGS, INC.), which develops, operates and franchises restaurants under the Red Ribbon trade name; MANG INASAL PHILS., INC., which develops, operates and franchises restaurants under the Mang Inasal trade name, and PERF RESTAURANTS INC., which franchises restaurants under the Burger King … Sia is the chairman of DoubleDragon Properties (and co-owner with billionaire Tony Tan Caktiong), and the founder of the Mang Inasal fast food restaurant chain. Show more . Edgar Sia II, who has Chinese roots like Caktiong, positioned Mang Inasal as an alternative quick service restaurant among a sea of food chains that have mushroomed all over the country. Report. While mulling over ideas, Sia was sure of one thing — whatever he came up with had to have the potential to expand on a nationwide scale. read a great deal more, Please do keep up the awesome work. The former MI owner opened another fastfood and named it ChicBoy. while I was looking on Google for something else, Anyways I am here now and would just like to say thanks a lot Para ... Marikitna: Brownedrunner, i agree. Born: 1977 (age 42–43) Nationality: Filipino: Education: University of San Agustin (dropped out) Occupation: Property developer: Known for: Chairman, CEO, and … The youngest Filipino millinaire plans to have 425 Mang Inasal branches this year and hopefully 500 by next year. the name of the owner of chic boy is francis juan, who also owns pier one bars and grills. It is targeting 500 stores nationwide before 2012. I've got no issues with their food. The founder of the 2003-founded company Mang Inasal from Ilo-ilo City, Edgar Sia II was included in the list of the Philippines Richest according to the latest list released by Fortune Magazine with a net worth of $85 million. Barely a year after Mang Inasal opened, Sia was able to set up another branch, this time in his native Roxas City. To safeguard consistency in all aspects of the business, such as product quality and cleanliness, Sia established several monitoring systems and procedures. If someone has stolen your … Mang Inasal: Bee Killer - See 22 traveler reviews, 5 candid photos, and great deals for Manila, Philippines, at Tripadvisor. Then he cooked up the idea of operating Mang Inasal, … Young probinsiyano entrepreneur shows the way. We just have to be creative. Variations in the breakfast menu are being developed and he is also looking at giving fast food dining a whole new feel with patented combo cups. Jollibee Foods Corp. (JFC), the country’s largest fast food chain, has taken over control of Mang Inasal, a highly successful Visayas-based restaurant chain specializing in grilled chicken, in a deal worth P3 billion. Born into a family of Chinese-Filipino entrepreneurs, he was exposed to business from a very young age. Mang Inasal opened another hope for Filipinos who are striving hard to reach their dreams despite of hardship. On Oct. 12,  Sia,  chairman and CEO of Mang Inasal Philippines, Inc., was presented the Small Business Entrepreneur award for 2010 by the Ernst & Young Entrepreneur of the Year (Philippines) for best demonstrating management excellence in a business with assets of less than P100 million. Without a real system in place during his first year of operation and no commissary to supply their raw materials, he had to learn the hard way. GOD BLESS, Now I have tons of mountain of great potential idea of food business that i gather and research but im finding way to have partner who has the resource only i had is the idea that can turn into cash. The family store became the training ground that cultivated Mr. Sia’s drive for success. The space, in an unused car park, was being offered at a very attractive price. Listening to his well-honed business instincts, he jumped at the chance to acquire it. This was the ubiquitous barbecue (inasal in Ilonggo). Are you the owner of this mod? Why not Bacolod Chicken Inasal which has really authentic chicken barbecue? Mang Inasal Founder, The Ilo-ilo native Injap Sia sold 70% of Mang Inasal to the Philippines most popular food chain, Jollibee Foods Corporation (JFC) for a staggering amount of $68 million last year. 6:02 ... PAANO MAGING CO-OWNER ni JOLLIBEE sa 3 PARAAN? Another thing to note is the advertising and royalty fee which is 2% of the gross sales for advertising and 5% of gross sales for royalty or service fee. All these are based in Iloilo. IMEE MARCOS ON HER LOVES, MARTIAL LAW, BETRAYAL AND LIFE AFTER EDSA, GOV’T BLACKLISTS 32 LOCAL ‘BALIKBAYAN’ BOX FORWARDERS, ENGLISH PROFICIENCY IS KEY TO LANDING A JOB, Five Legendary Mayors and How They Transformed their Cities, HOW TO SAFEGUARD YOUR BALIKBAYAN BOX SHIPMENT, PASKONG PINOY: A LONG SEASON OF PREPARATION AND CELEBRATION, 10 FUN PHILIPPINE FESTIVALS YOU WON’T WANT TO MISS, 15 ANNOYING THINGS ABOUT LIVING IN THE ISLANDS, WHY THE PHILIPPINES IS THE BEST TROPICAL DESTINATION EVER, 19 REASONS THE PHILIPPINES SHOULD BE THE NEXT COUNTRY YOU VISIT. Safeguard consistency in all aspects of the business, such as their recently delivery. 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