Dencio's
 | |
| Company type | Wholly owned subsidiary |
|---|---|
| Industry | Restaurants |
| Founded | 1991 in Quezon City, Philippines |
| Founders | Dennis Nakpil Dennis Mariano Jr. |
| Headquarters | Makati, Philippines |
Number of locations | 30 |
Key people | Martin P. Lorenzo (CEO) |
| Products | Philippine cuisine |
| Revenue | ₱249 million  (2007)[1] |
₱60 million  (2008)[2] | |
| Parent | Max's Group Inc. (formerly Pancake House Inc.) |
| Website | www |
Dencio's Bar and Grill, simply referred to as Dencio's, is a group of restaurants based in the Philippines.
History
[edit]
Dennis Nakpil and Dennis Mariano Jr. thought of creating a restaurant that emphasizes certain Philippine traditions. Their principle was "bringing the BARRIO into the metropolis." Thus, they opened one in Quezon City in 1991.[3] They named it Dencio's. Dencio is a Philippine variant of Dennis, the name of the two founders.[4]
In 2004, Dencio's was purchased by Pancake House, Inc. (now Max's Group, Inc.) for ₱160 million. To buy the chain, almost all that money (₱150 million or 93.75% of the price) had to be borrowed from banks.[5]
Pugad Dencio's
[edit]Some characters from Pugad Baboy, a famous comic strip in the Philippines, are portrayed in Dencio's ads and menus. This was a concept proposed by two officials of the chain. It was believed though that the comic characters and the restaurant chain make a more perceived image of the local table custom. They call this Pugad Dencio's. This form of advertisement also goes with a song which is performed by rock band Sugarfree.[6]
References
[edit]- ^ Darwin G. Amojelar (November 21, 2007). "Pancake House hikes profit on sales uptick". The Manila Times Internet Edition. Archived from the original on November 3, 2008. Retrieved March 25, 2009.
- ^ Zinnia B. Dela Peña (April 17, 2008). "Pancake House earnings soar 58%". The Philippine Star. Retrieved March 25, 2009.
- ^ "Dining Guide to Restaurants and Bars in the Philippines: Dencio's". Chibog.com. Archived from the original on September 30, 2008. Retrieved January 12, 2009.
- ^ Anna Kristine Pasco. "Three for Satisfaction". On the Rocks. Archived from the original on November 22, 2008. Retrieved January 14, 2009.
- ^ Jennifer B. Austria (May 21, 2004). "Pancake House buying Dencio's chain for P160m". Manila Standard Today. Retrieved January 15, 2009. [dead link]
- ^ Camille V. Pilar (June 18, 2008). "Sizzling sisig and a side dish of stories". Manila Standard Today. Retrieved January 12, 2009.