Figaro Coffee Co. the biggest Filipino-owned coffee chain announced in a statement published on a national daily that it would open up to 18 more stores this year including another outlet in Cagayan de Oro City. Each store would entail investments of about P6.5 million.
The company recently opened new stores in Makati, Quezon City, Angeles City, Malolos City and Dasmariñas City.
Figaro has 65 shops, 30 of which are company-owned and 35 are franchises. Fifty-eight of its existing stores are in Luzon.
Besides coffee, Figaro also serves pasta, pizza, pastries, sandwiches and salads (init pa!).
So where could this second Figaro in CDO be?