PIZZA fundamentals

Shakey's Pizza Asia Ventures, Inc. engages in the exclusive franchise and management of restaurants. It operates through the following segments: Restaurant, Franchise and Royalty Fees, and Commissary and Others. The Restaurant Sales segment comprises of restaurant activities, and trading of merchandise and equipment to franchisees. The Franchise and Royalty Fees represents payment of sub dealers for use of the Shakey’s brand. The Commissary and Others segment refers to third party revenue other than aforementioned activities. Its products include pizzas, chicken items, pasta varieties, starters, combos, meals, desserts, and soups and salads. The company was founded on February 14, 1974 and is headquartered in Paranaque City, Philippines.