Shakey’s Pizza Ventures Inc. (SPAVI) remains focused on Metro Manila as its key growth driver while pushing for nationwide expansion in 2024.
With nearly 300 Shakey’s locations nationwide and 2,483 stores across all its brands, SPAVI President Vicente Gregorio announced plans to invest ₱1 billion this year as the company celebrates its 50th anniversary. The expansion includes 20 new restaurants, with half being company-owned and the rest franchised.
Besides Shakey’s Pizza, SPAVI operates Peri-Peri Charcoal Chicken, R&B Milk Tea, Potato Corner, and Project Pie. While the company has a strong presence in Metro Manila and Luzon, Gregorio sees significant growth opportunities in Visayas and Mindanao.
“There are still great locations (in NCR) that can also further enhance our network and our delivery capabilities,” Gregorio said, emphasizing long-term potential despite current economic challenges.