Bo’s Coffee eyes expansion in Indonesia, Singapore

Bo’s Coffee eyes expansion in Indonesia, Singapore

CEBU – Homegrown Bo’s Coffee plans to put up cafes in neighboring Indonesia and Singapore this year as part of its plan of expanding its network to 100 stores in the next five years.

On the sidelines of the 27th Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) Conference in this city, Steve Benitez, president and chief executive of Bo’s Coffee, said the company is looking for partners for its initial foray outside the Philippines.

The choice of Indonesia and Singapore is a function of proximity to the Philippines, he said, even though inquiries have poured in for possible stores in Saudi Arabia and Dubai, United Arab Emirates.

Bo’s Coffee already has 60 stores nationwide, 25 of which are franchises. It aims to grow its company-owned stores to 60 as part of the plan to expand to 100 branches.

Bo’s Coffee shops will undergo a change in look to reflect the “sixth-generation store design” that the company has been working on. The Katipunan Avenue branch in Quezon City would be the first to undergo renovation.

The furniture and furnishings will be sourced from fellow Cebuano and world-renowned furniture maker Kenneth Cobonpue, Benitez said.

SOURCE: http://www.interaksyon.com/business/57170/bos-coffee-eyes-expansion-in-indonesia-singapore
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