Mang Inasal
Mang Inasal Philippines, Inc., also known as Mang Inasal, (Hiligaynon for "Mr. Barbecue") is a barbecue fast food restaurant chain in the Philippines, established in Iloilo City in 2003.
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Type | Subsidiary |
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Industry | Restaurants |
Founded | Iloilo City, Philippines (2003 ) |
Founder | Edgar "Injap" J. Sia II |
Headquarters | Pasig, Metro Manila, Philippines |
Number of locations | 570[1] |
Area served | Philippines |
Key people |
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Products | Filipino cuisine Fast food |
Revenue | ₱12 billion (2015) |
Number of employees | 15,000 |
Parent | Jollibee Foods Corporation |
Website | manginasal |
History
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Mang Inasal was started by Edgar "Injap" Sia II, who owned his first business at the age of twenty.[2] 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.[2] The restaurant was an instant success, despite stiff competition from other established grilled-food restaurants.
Mang Inasal opened its first branches in the Visayan region, later expanding to Mindanao then to Metro Manila. The company started franchising in 2005; by 2008, it had opened 23 restaurants, with ten being franchised.[3] In 2009, Mang Inasal expanded to over a hundred branches.[2]
In October 2010, 70% of Mang Inasal was acquired by Jollibee Foods Corporation (JFC), for ₱3 billion ($68.8 million).[4] JFC acquired in April 2016 the remaining 30% previously belonging to Injap Investment owned by Inasal's founder.[5]
References
- "About Us" Archived March 28, 2014, at the Wayback Machine. Mang Inasal.com. Retrieved on March 28, 2014.
- Parsad, Rhea (February 19, 2018). "This Is How PH's Youngest Billionare [sic] Built Filipino Favorite Chain—Mang Inasal". Vulcan Post. Retrieved September 25, 2020.
- "Edgar Sia: The man behind Mang Inasal". The News Today. January 7, 2008. Retrieved February 15, 2009.
- Zinnia B. Dela Peña (October 19, 2010). "Jollibee acquires Mang Inasal for P3B". The Philippine Star. p. B-1.
- Montealegre, Krista Angela (April 22, 2016). "Jollibee buys out Sia from Mang Inasal chain". BusinessWorld. Retrieved April 22, 2016.
External links
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