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Then, in 2006, Jollibee bought out the remaining shares of its partners in Greenwich for ₱384 million, giving rise to a new company known as the Greenwich Pizza Corporation. [3] The franchise experienced rapid expansion from the original 50 stores in 1994 to over 240 stores with an annual revenue of over ₱4 billion in 2005.
In early 2006, the company bought out the remaining shares of its partners in Greenwich Pizza Corp., equivalent to a 20% stake, for ₱384 million in cash. [ 25 ] In 2000, the company acquired Chowking , a Chinese fast-food restaurant, thus making it a part of the Chinese quick service restaurant segment.
This is a list of notable current and former fast food restaurant chains, as distinct from fast casual restaurants (see List of casual dining restaurant chains), coffeehouses (see List of coffeehouse chains), ice cream parlors (see List of ice cream parlor chains), and pizzerias (see List of pizza chains).
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This list of pizza chains includes notable pizzerias and pizza chains. Pizza is a dish of Neapolitan origin and cuisine, made with an oven-baked, flat, generally round bread that is often covered with tomatoes or a tomato-based sauce and mozzarella cheese. Other toppings are added according to region, culture, or personal preference.
Expansion and acquisition of Greenwich Pizza Corp. [10] enabled it to enter the pizza-pasta segment. In early 2006, Jollibee Foods Corporation bought out the remaining shares of its partners in Greenwich Pizza Corporation, equivalent to a 20% stake, for P384 million in cash. [11] [12] [13] [14]
This is a list of pizza restaurant franchises. Franchising is the practice of the right to use a firm's successful business model and brand for a prescribed period of time. Pizza franchises
Greenwich Pizza: Italian cuisine: 1971: Jollibee Foods Corporation: Jollibee: Fast food: 1978 [9] Jollibee Foods Corporation: Fast food which serves American-influenced Filipino cuisine. An off-shoot of a Magnolia ice cream parlor franchise established by Tony Tan Caktiong in 1975. [9] Goldilocks Bakeshop: Bakery: 1966: KFC: Fast food: 1967 [10 ...