7 months PH resto group to invest P1.5 B to build Popeyes MB |Biz
By Bernie Cahiles-Magkilat Kuya J Group, one of the country’s fast-rising food chain, is investing P1.5 billion initially as it plans to build more than 100 Popeyes restaurants in three years. Company president Winglip K. Chang told reporters at the signing of its partnership agreement with Coca-Cola Philippines being its official beverage provider that each store requires an investment of P20 million depending on the size of the restaurant. The first Popeyes store located in ArcoVia City in Pasig City has an investment of more than P20 million because the flagship store is bigger with more than 400 square meters ... more