Rahul Sharma

Greenwich Pizza

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Type  Subsidiary
Products  Italian cuisine
Net income  P3 billion PHP (2007)
Founder  Cresida Tueres
Industry  Restaurants
Revenue  P4 billion PHP (2007)
Headquarters  Pasig, Philippines
Parent organization  Jollibee
Greenwich Pizza httpsuploadwikimediaorgwikipediaen33eGre
Key people  Cresida Tueres (founder) Tony Tan Caktiong (chairman)
Founded  1971, San Juan, Metro Manila, Philippines
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Greenwich Pizza, founded in 1971, is a pizza and pasta chain in the Philippines.

Contents

In 1994, Jollibee Foods Corporation acquired 80% of Greenwich shares. Then, in 2006, Jollibee bought out the remaining shares of its partners in Greenwich for PHP384 million, giving rise to a new company known as the Greenwich Pizza Corporation. The franchise experienced rapid expansion from the original 50 stores in 1994 to over 240 stores with an annual revenue of over PHP4 billion in 2005. Expanding further through 2011, the corporation had opened over 330 stores.

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References

Greenwich Pizza Wikipedia


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