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#301 Leontres

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Posted 13 August 2017 - 10:24 AM

Is Chic-Boy closed? I was so sure it was gonna be the next Mang Inasal...



#302 muttley

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Posted 06 September 2017 - 05:49 PM

Wala na Chic-Boy. I think this thread should be closed as well.



#303 kyliebog

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Posted 13 September 2017 - 10:13 PM

Busog Dito



#304 mild14ever

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Posted 02 November 2017 - 05:56 AM

Tumba na chic boy.

#305 maninmotion

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Posted 02 November 2017 - 07:49 AM

Ano kaya nangyari dito? Maraming nagsasabi na "bad management" daw. Pero, anong ibig sabihin ng "bad management".

 

1. Lack of business FOCUS?

2. Bad priorities of financial resources?

3. Failed to control food quality?

4. Acrimonious relationship with franchisees?

5. Unprofitable franchise operations due to high operating cost?

6. Too large of menu?

7. Food cost too high but food prices are very low?

8. Expanded too fast?

9. Victim of its own success?

10. Wanted to be Mang Inasal + More. Example, shows, bands, drinking place, etc.

11. Please add more reason why you think it FAILED. It looked to me at one time that it almost had all the ingredients to give Mang Inasal a run for their money. Sad!



#306 maninmotion

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Posted 02 November 2017 - 08:35 AM

Folks, let's make CHICBOY a case study for the DOs and DON'Ts of opening and operating a restaurant. They seemed to have all the right ingredients at first. Branches and franchise outlets were opening one after the other THEN suddenly they were closing as fast as they had opened and now they are nowhere. Sarap ng Lechon Cebu nila. Their condiment offerings were unparalleled upto now. They were Cheap and reasonable. Is it just BAD SERVICE? Deteriorating FOOD QUALITY? Ano po sa tingin ninyo? LACK financial capital for what they want to accomplish? Their BUSINESS MODEL? SAYANG! 


Edited by maninmotion, 02 November 2017 - 08:35 AM.


#307 maninmotion

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Posted 02 November 2017 - 08:58 AM

This CHICBOY thread started in May 2010 with rave reviews. Good Food, Big Portions and Cheap Price. Mostly were positive feedbacks, Of course  there were also some NAYSAYERS. But by and large, the feedback and comments were more POSITIVE. But, by 2013, they were already closing newly opened outlets. Some say that they are losing money and started scrimping on the Quality and Quality of their food. Some one said that when the price of his favorite item went up from P99 to P115, he stopped going. Is that how sensitive this business in terms of pricing?  But, even at this time people were still raving about the restaurant. To take the words of Hillary, "Whoa happened"?



#308 maxinquaye

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Posted 04 November 2017 - 08:38 PM

This CHICBOY thread started in May 2010 with rave reviews. Good Food, Big Portions and Cheap Price. Mostly were positive feedbacks, Of course  there were also some NAYSAYERS. But by and large, the feedback and comments were more POSITIVE. But, by 2013, they were already closing newly opened outlets. Some say that they are losing money and started scrimping on the Quality and Quality of their food. Some one said that when the price of his favorite item went up from P99 to P115, he stopped going. Is that how sensitive this business in terms of pricing?  But, even at this time people were still raving about the restaurant. To take the words of Hillary, "Whoa happened"?


I agree that this is worth discussing and learning from. I tried googling on what happened to Chic Boy but could not find any useful info. Hope some industry insiders can help share what happened here.

#309 golpidegolat

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Posted 04 November 2017 - 09:20 PM

Matagal ko na nakikita ang chic-boy pero nagkaroon lang ako ng chance kumain dito last year. I can say na mas maraming pagpipilian at mukhang mas masarap ang options nila noong kasagsagan nila. Their main product at panlaban ay inasal but the one I had was dry. They can't even perfect it. 



#310 mr. dreamboy

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Posted 05 November 2017 - 04:16 PM

Sarap ng barbeque

#311 kengko

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Posted 13 November 2017 - 11:08 AM

un ave i think meron pa dun lapit sa pagcor casino lapit gilid ng mcdo un ave

#312 BigBoiBirdie

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Posted 14 November 2017 - 02:24 PM

I agree that this is worth discussing and learning from. I tried googling on what happened to Chic Boy but could not find any useful info. Hope some industry insiders can help share what happened here.


I was told by my stock-trader friend that Chic Boy is owned by the brother of the owner of Mang Inasal. Both were patterned to cater to the needs of the everyday Filipino -- parang Jollibee but much closer to eating at home ang peg nung brothers. Kaya pumatok yung unli rice -- we do love rice meals. Di natin kaya ang walang kanin. Hahaha!

Mang Inasal then rose to fame while Chic-Boy went the other way around. Nasira sila sa negative reviews ng mga tao sa food prep nila. While it is true that their food is really good, hindi naman ganun kaayos yung handling nila sa mga niluluto nila. Dirty kitchens, exposed raw meats, etc. Remember the infamous kangkong incident? Kahit naman edible worm yung nakita dun, sino ba namang gustong makakita ng uod sa pagkain nila di ba?

But it doesn't end there. As a last ditch effort, the owner of Chic Boy invested sa Double Dragon stocks. As we all know, it was a flash in the pan and their stocks continued to decline. Kaya nagkandasira-sira daw yung business mindset nung may-ari. From one failure to another, nahirapan na ulit bumangon.

Again, this is hearsay as it only came from my friend. Wala akong personal knowledge dito. Hehe! But he is reliable naman. He really knows the ins and outs of the industry.

#313 lowrider

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Posted 15 November 2017 - 04:26 AM

Owners of Chicboy are the same owners of PIER ONE BAR AND RESTO. "Juan" ang last name. 

 

They setup a franchise system but was not able to manage the franchise well. 

 

Nag over expand sila and hindi kinaya ng infrastructure nila. wala silang same backing as mang inasal had with jolibee.

 

Sayang, they had good food, and was promising naman.



#314 maninmotion

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Posted 15 November 2017 - 02:25 PM

Owners of Chicboy are the same owners of PIER ONE BAR AND RESTO. "Juan" ang last name. 

 

They setup a franchise system but was not able to manage the franchise well. 

 

Nag over expand sila and hindi kinaya ng infrastructure nila. wala silang same backing as mang inasal had with jolibee.

 

Sayang, they had good food, and was promising naman.

 

 

This makes more sense. But a CHICKBOY still remains a VIABLE business concept. Kailangan lang palitan ang Business Model. The root problem could be UNDER CAPITALIZATION. Trying to raise capital to finance their rapid growth, maybe they resorted to FRANCHISING. However, they found it was more difficult to manage the whole organization with more people and legalities. Meantime, their backroom was inadequate, thereby, failing to meet demands. Further compounded by trying to increase capacity with product quality suffering. Their lack of capital further exacerbated their cash flow. Suppliers may have stopped or delayed deliveries while franchisees stop remitting their payments, They thought by hightailing their operation would make it work. In fairness, I still think the business concept is still very viable for an organization who can plug in the pitfalls. 






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