Mang Inasal
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| File:Mang inasal logo.png | |
| Subsidiary | |
| Industry | Restaurants |
| Founded | Iloilo City, Philippines (2003) |
| Founder | Edgar J. Sia II |
| Headquarters | Pasay, Metro Manila, Philippines |
|
Number of locations
|
460 (March 2014)[1] |
|
Key people
|
Ferdinand J. Sia (COO) Tony Tan Caktiong (chairman) |
| Products | Philippine cuisine Fast food |
| Revenue | P2.6 billion (2010) |
| Owner | Jollibee Foods Corp. (100%) |
|
Number of employees
|
8,000 |
| Parent | Jollibee Foods Corp. |
| Website | Mang Inasal official website |
Mang Inasal (Hiligaynon for "Mr. Barbecue") is a barbecue fast food restaurant chain in the Philippines established in Iloilo City in 2003.
History
The company was started by Edgar J. Sia II, a young enterprising architect, who owned his first business at the age of twenty. Sia engaged in the food business at twenty-six years of age, opening the first Mang Inasal branch in December 2003 at the Robinsons Mall Carpark in Iloilo City. The restaurant was an instant success, despite stiff competition from other, more established grilled-food restaurants.
The chain opened its first branches within the Visayan region, then expanded to neighboring Mindanao to the south before spreading to Metro Manila. Thereafter, the company started franchising in 2005. By 2008, Mang Inasal had opened 23 restaurants, with ten being franchised.[2]
In October 2010, 70 percent of Mang Inasal's stakes at the stock exchange were acquired by Jollibee Foods Corporation (JFC), for ₱3 billion ($68.8 million).[3] In April 2016, JFC (Jollibee Food Corporation) acquired the remaining 30 percent of Mang Inasal's stakes previously belonging to Injap Investment which is owned by Inasal's founder.[4]
As of March 2014, the chain has grown to about 460 stores.[1]
Products
The chain serves Filipino cuisine, including grilled chicken, pork and milkfish, served with rice with selected stores offering unlimited number of rice servings free of charge. Non-grilled dishes in the chain's menu include sisig, pansit bihon (Filipino thin noodles), and dinuguan with puto. Desserts offered include Philippine snack foods like ginataang bilo-bilo (tapioca pearls), halo-halo, banana spring roll with ice cream, among others.[5]
See also
References
- ↑ 1.0 1.1 "About Us". Mang Inasal.com. Retrieved on 2014-03-28.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
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- ↑ "Merienda". Mang Inasal.com. Retrieved on 2014-03-28.
External links
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- Pages with broken file links
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- Jollibee Foods Corporation
- Restaurants established in 2003
- Fast-food chains of the Philippines
- 2003 establishments in the Philippines
- Companies based in Iloilo City
- Companies based in Pasay
- Fast-food poultry restaurants
- Business stubs
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