Dencio's Explained

Dencio's Bar and Grill
Type:Wholly owned subsidiary
Foundation: in Quezon City, Philippines
Location:Makati, Philippines
Locations:30
Founders:Dennis Nakpil
Dennis Mariano Jr.
Key People:Martin P. Lorenzo (CEO)
Industry:Restaurants
Products:Philippine cuisine
Revenue: (2007)[1]
Net Income: (2008)[2]
Parent:Max's Group Inc. (formerly Pancake House Inc.)

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

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 . To buy the chain, almost all that money (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. Web site: Pancake House hikes profit on sales uptick . November 21, 2007 . March 25, 2009 . Darwin G. Amojelar . The Manila Times Internet Edition . dead . https://web.archive.org/web/20081103003825/http://www.manilatimes.net/national/2007/nov/21/yehey/business/20071121bus12.html . November 3, 2008.
  2. Web site: Pancake House earnings soar 58%. April 17, 2008. March 25, 2009. Zinnia B. Dela Peña. The Philippine Star.
  3. Web site: Dining Guide to Restaurants and Bars in the Philippines: Dencio's. January 12, 2009. Chibog.com. https://web.archive.org/web/20080930203212/http://www.chibog.com/resto_page.php?restoId=018218. September 30, 2008. dead.
  4. Web site: Three for Satisfaction. January 14, 2009. Anna Kristine Pasco. On the Rocks. https://web.archive.org/web/20081122082619/http://ontherocks.jmtuazon.net/toast/three-for-satisfaction.htm. November 22, 2008. dead.
  5. Web site: Pancake House buying Dencio’s chain for P160m. May 21, 2004. January 15, 2009. Jennifer B. Austria. Manila Standard Today.
  6. Web site: Sizzling sisig and a side dish of stories. June 18, 2008. January 12, 2009. Camille V. Pilar. Manila Standard Today.

External links