Max’s Group to bring Yellow Cab to Singapore
Homegrown casual dining chain Max’s Group Inc. is set to introduce pizza chain brand Yellow Cab to Singapore as part of efforts to further expand its geographic footprint and boost profitability.
Max’s Group recently signed an agreement with Pagh Pte. Ltd. to build at least five Yellow Cab pizza stores in Singapore.
“We are thrilled with the opportunity to bring Yellow Cab Pizza in a highly strategic market such as Singapore. We are confident that our mainstream offerings and value proposition will allow us to stay competitive alongside some of the biggest global food names,” said Robert F. Trota, president and CEO of Max’s Group.
This is the fourth development agreement inked by MGI for the year, bringing to 116 the total number of overseas stores set to open over the next few years.
The group is looking to open at least 200 international outlets across all its brands by 2020.
Yellow Cab currently operates a network of 135 branches including six franchised outlets located in Qatar and 1 in the United Arab Emirates.
Plans are ongoing to open its flagship store in Beijing and Changsha as well as a pilot branch in Hawaii.