Friday, March 16, 2007 Bakeshop mulls Cebu expansion
WHILE the demand for bread and other pastry products has been decreasing over the years, a local restaurateur is still bent on putting up more outlets in Cebu.
“The industry remains to be competitive but customer-base has not increased,” said Café de France owner Efrain Pelaez Jr.,
Pelaez said he is planning to put up three or four additional outlets of Café de France in Cebu this year.
“I’m still currently looking for good spaces,” he said.
Café de France, which sells cinnamon bread and croissants, to name a few, are located in Robinsons Mall, Mango Avenue, JY Square, Marina Mall, and inside the vicinity of SaveMore supermarket in Lapu-Lapu City.
According to Pelaez, like all other business establishments, a food business is “not easy to put up” as it requires comprehensive study on the location, demand and the consumers.
However, he said he has “high hopes” on Cebu’s booming real estate industry.
In an interview, Pelaez said he is determined to pursue his pending real estate projects after it was temporarily put off in 1997 during the Asian economic crisis.
Pelaez, who is also the president Coral Point Development Corp. (CPDC), earlier bared plans to construct another high-end condominium called Coral Point Gardens Executive Residences located in Punta Engaño in Lapu-Lapu City.
The project’s first phase includes the construction of the first two buildings that will house 24 studio-type and six penthouse units.
Pelaez also said CPDC is also planning to construct 14- to 16-story “twin tower” hotels in the next two years. (MMM)
