Quantcast
Latest Stories

Gerry’s Grill to invest P192M in new stores

By

Homegrown restaurant chain Gerry’s Grill may invest at least P192 million in its expansion program, which calls for the construction of 16 new stores by the end of the year.

In a statement, Gerry’s Grill said the opening of 16 new branches would bring its total number of stores to 68 by yearend. Each branch is expected to cost between P12 million and P15 million, depending on the location.

Most of the branches will be put up through “co-ventures,” it said.

“The demand for dining continues to grow with the economy picking up, and with more malls opening in major cities around the country. We hope to ride on the surge of demand in food service,” said Gerry Apolinario, CEO and president of Prime Pacific Grill Inc. (PPGI), operator of Gerry’s Grill.

Gerry’s Grill has so far opened five new branches at Centrio Mall in Cagayan de Oro City; The District in Imus City, Cavite; Robinsons Place, Palawan; Market! Market! in Taguig; and at Resorts World in Pasay.

For the second half, Gerry’s Grill girds for a robust expansion with 11 more branches set to open.

Next month, the Filipino-owned restaurant will kick off with two branches set to commence operations, namely at The Veranza by KCC in General Santos City, and SM Southmall in Las Piñas.

Others listed among target openings include Tarlac in September, Tuguegarao in October, Ayala-operated Terraces in Fairview, Quezon City in November, and Robinson’s Malolos, Butuan, Laguna and Biñan in December.

“Negotiations for potential expansion to other territories are ongoing and we hope to announce them soon,” added Apolinario.  PPGI is looking at opening branches in Thailand and Canada.

On the international front, the food chain has already expanded to three countries, namely Singapore, Qatar and the United States.

PPGI also operates “Kusina ng Gerry’s,” a do-it-yourself, fast-casual restaurant at Lucky Chinatown Mall in Binondo, Manila and Subic.


Follow Us


Follow us on Facebook Follow on Twitter Follow on Twitter


Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Tags: Business , expansion , Gerry’s Grill , Investment



Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement
Advertisement

News

  • Henares on Pacquiao bashing: I did not start this
  • Drilon, Nancy Binay urge Filipinos to strengthen faith
  • ‘Yolanda’ toll now at 6,300 – NDRRMC
  • ‘Mom, I love you,’ says text from student on sinking ferry
  • Moderate earthquake jolts southern Iran
  • Sports

  • Power Pinays smash India in Asian Women’s Club volleyball opener
  • PH youth boxers off to stumbling start in AIBA World tilt
  • Durant has 42, Thunder beat Pistons 112-111
  • Walker leads Bobcats over Bulls in OT, 91-86
  • Man City slips further out of title contention
  • Lifestyle

  • Pro visual artists, lensmen to judge Pagcor’s photo contest
  • ‘Labahita a la bacalao’
  • This is not just a farm
  • Clams and garlic, softshell crab risotto–not your usual seafood fare for Holy Week
  • Moist, extra-tender blueberry muffins
  • Entertainment

  • Will Arnett files for divorce from Amy Poehler
  • American rapper cuts own penis, jumps off building
  • Jay Z to bring Made in America music fest to LA
  • Why Lucky has not bought an engagement ring for Angel
  • Derek more private with new girlfriend
  • Business

  • Asia stocks fail to match Wall Street gains
  • Fired Yahoo exec gets $58M for 15 months of work
  • PH presses bid to keep rice import controls
  • PSEi continues to gain
  • Number of retrenched workers rose by 42% in ’13
  • Technology

  • Netizens seething in anger over Aquino ‘sacrifice’ message
  • Filipinos #PrayForSouthKorea
  • Taylor Swift tries video blogging, crashes into fan’s bridal shower
  • DOF: Tagaytay, QC best at handling funds
  • Smart phone apps and sites perfect for the Holy Week
  • Opinion

  • Editorial cartoon, April 17, 2014
  • A humbler Church
  • Deepest darkness
  • ‘Agnihotra’ for Earth’s health
  • It’s the Holy Week, time to think of others
  • Global Nation

  • Syria most dangerous country for journalists, PH 3rd—watchdog
  • Japan says visa-free entry still a plan
  • First Fil-Am elected to Sierra Madre, Calif. city council
  • UC Irvine cultural night to dramatize clash of values in immigrant family
  • Filipino sweets and info served at UC Berkeley Spring Fest
  • Marketplace