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Max’s seen opening more outlets overseas

By Abigail L. Ho
Philippine Daily Inquirer
First Posted 23:58:00 07/01/2009

Filed Under: Food, Company Information, Investments, Economy and Business and Finance

MANILA, Philippines—Local food chain Max’s Restaurant is looking at penetrating the Canadian and Middle Eastern markets, even while still preparing to open two branches in the United States—one in New Jersey and the other in Hawaii—within the year.

In an interview with reporters, Max’s president Robert Trota said the company would increase the number of its sites in the United States from six to eight before the end of this year.

“Now is actually the best time to buy property or go into leases in the United States because rates are very low,” he said at the sidelines of the Philippine International Franchise Conference and Expo 2009 opening Wednesday.

“The opening of our two new branches in the US was actually supposed to take place last year. This was delayed not because of the crisis, but because we had some difficulty finding good locations for the stores,” he said.

Of Max’s six existing outlets in the United States, he said only two were company-owned, while the other four were franchises.

The two sites to be opened this year would likewise be franchised outlets, he said.

He said Max’s was looking at Canada and the Middle East as possible new locations for business.

“The Canada branch will probably open by next year, but the one in the Middle East doesn’t have a timeframe yet since we’re still in the early stages of talks. Both of these will also be franchises,” he said.

Max’s first opened its doors to franchisees in the second quarter of 1998.

In the Philippines, Max’s has 119 branches, 55 of which were franchises.

The restaurant chain would also be opening new branches in the country this year, he said, in keeping with the company’s target to put up three to six outlets a year.

Max’s recently opened its SM Naga branch and would open another in Calapan, Mindoro toward the end of the year.

Despite the crisis, he said Max’s continued to register growth in sales, as Filipinos crave the restaurant chain’s signature fried chicken and other homegrown fares.

“To date, we’re up by 6 percent in the local market. People are still spending for food,” he said.



Copyright 2009 Philippine Daily Inquirer. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.



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