Dencio's

Last updated
Dencio's Bar and Grill
Company type Wholly owned subsidiary
Industry Restaurants
Founded1991;34 years ago (1991) in Quezon City, Philippines
FoundersDennis Nakpil
Dennis Mariano Jr.
Headquarters Makati, Philippines
Number of locations
30
Key people
Martin P. Lorenzo (CEO)
Products Philippine cuisine
Revenue ₱249 millionDecrease2.svg (2007) [1]
₱60 millionIncrease2.svg (2008) [2]
Parent Max's Group Inc. (formerly Pancake House Inc.)
Website www.dencios.com.ph
A Dencio's branch at SM City Clark, Angeles City. Denciosclark2.jpg
A Dencio's branch at SM City Clark, Angeles City.
Sisig served on a hot plate. Denciosisig.jpg
Sisig served on a hot plate.

Dencio's Bar and Grill, simply referred to as Dencio's, is a group of restaurants based in the Philippines.

Contents

History

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

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

  1. ↑ 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.
  2. ↑ Zinnia B. Dela Peña (April 17, 2008). "Pancake House earnings soar 58%". The Philippine Star. Retrieved March 25, 2009.
  3. ↑ "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.
  4. ↑ Anna Kristine Pasco. "Three for Satisfaction". On the Rocks. Archived from the original on November 22, 2008. Retrieved January 14, 2009.
  5. ↑ Jennifer B. Austria (May 21, 2004). "Pancake House buying Dencio's chain for P160m". Manila Standard Today. Retrieved January 15, 2009.[ dead link ]
  6. ↑ Camille V. Pilar (June 18, 2008). "Sizzling sisig and a side dish of stories". Manila Standard Today. Retrieved January 12, 2009.
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