THE Figaro Coffee Co. chain, currently with 55 outlets, plans to open 15 to 20 more this year, company president Pacita Juan said.
“Our main target this year is Cebu,� she said, noting Figaro already has an outlet in Davao City. “We are also looking at Iloilo and Bacolod.�
Most of the present branches are in Metro Manila.
There are two in China.
The chain includes 25 company-owned branches and 30 run by franchise holders.
Juan said Figaro continued to get offers from bankers and invitations from stock market advocates to do an initial public offering.
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