What Happened To Mr Biggs? - Business (8) - Nairaland
Nairaland Forum › Nairaland General › Business › What Happened To Mr Biggs? (46649 Views)
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| Re: What Happened To Mr Biggs? by lekkicctv(m): 10:48am On Jun 15, 2024 |
Winnin009:👍 Yeah You no be small pikin ooo 😎 |
| Re: What Happened To Mr Biggs? by lekkicctv(m): 10:50am On Jun 15, 2024 |
hafeeanubasy:You see 📌 |
| Re: What Happened To Mr Biggs? by lekkicctv(m): 10:51am On Jun 15, 2024 |
Trimjos:🙃 Kindly explain further.. yaf confuse |
| Re: What Happened To Mr Biggs? by Winnin009: 10:54am On Jun 15, 2024 |
lekkicctv:Lol. Reduce your voice o. |
| Re: What Happened To Mr Biggs? by lekkicctv(m): 10:57am On Jun 15, 2024 |
Winnin009:isOkay 😀 |
| Re: What Happened To Mr Biggs? by dauntless15(m): 11:01am On Jun 15, 2024 |
Winnin009:Lol abi, naija has happened to it. |
| Re: What Happened To Mr Biggs? by kushe: 11:14am On Jun 15, 2024 |
mancanoe:Absolutely untrue. |
| Re: What Happened To Mr Biggs? by kushe: 11:32am On Jun 15, 2024 |
Good analysis from everyone so far,but take these facts from someone that really knows that business and what happened. What killed Mr Biggs? Time and change did. Before Mr Biggs we had Eddie King Burger,Kass Chicken and Chicken George,all were famous but none was financially super successful because they were all family businesses. In 1986 UAC opened Mr Biggs after a failed attempt to bring McDonald's into Nigeria. It was an experiment and they themselves were not expecting it to be so successful. It succeeded because it had the largest indigenous company behind it,and that company had properties scattered all over the country and in viable commercial locations,so the first hurdle was scaled. Between 86 and early nineties,they had a near monopoly till boom,the Likes of Tastee Fried Chicken,Sweet Sensation and Tantalizers came on board. The sky was still big enough till the mid 2000s when the kitchen started becoming too hot. Tantalizers seemed to have forcefully grabbed their crown eventhough they had a far lower outlet count nationwide, and Tastee had used excellence to separate themselves from the rest. Sweet sensation were probably the most well managed as they handled expansion brilliantly without franchising. |
| Re: What Happened To Mr Biggs? by Azazyel: 11:33am On Jun 15, 2024 |
faceland:Were you the writer of Supa strikas? |
| Re: What Happened To Mr Biggs? by kushe: 11:49am On Jun 15, 2024 |
The entrance of a million brands in the 2000s into the quick service restaurant space did not help Mr Biggs as each locality all over the country now had new restaurants. Chicken Repubic,Crunches,Mega Chicken,The Place all came with the new wave of the mid to late 2000s with many of them stealing significant market share from the initial big guys. Former staff of the big 3 became consultants for entrepreneurs who wanted to get into the fast food business and inevitably Mr Biggs lost its best hands to an industry growing at a rate faster than anyone could have predicted. The decision to franchise did not help matters like someone rightly pointed out but that was not what killed Mr Biggs. Mr Biggs died because it was owned by an archaic company that was slow to respond to change. The death that killed Mr Biggs quickly chased and met up with Tantalizers and of recent Sweet Sensation. The Chicken Republic that is shining today is not the old chicken Republic. The old one was riddled with debt and investor issues,naa tens of millions of dollars una dey see so,so Chicken Republic is not out of the woods. In my opinion Chicken Repubic would be dead as well if not for the constant injection of investor funds in dollars.Their back up is why they were able to run promotions for so long that kept their competitors scratching their heads. In summary if the economy does not improve significantly, the list of failed restaurants will become extremely long because that model is not sustainable in a low purchasing power environment. |
| Re: What Happened To Mr Biggs? by Vision101(m): 11:50am On Jun 15, 2024 |
Winnin009:I think that it should be UAC foods |
| Re: What Happened To Mr Biggs? by smogicesamson(m): 12:42pm On Jun 15, 2024 |
Franchise drove them out, u have Mr Biggs with different owners, different recipes some bad taste some good taste, and definitely bad reviews spread more and kills a business |
| Re: What Happened To Mr Biggs? by ncoolsome(m): 12:52pm On Jun 15, 2024 |
I was went to a Mr Biggs in festac,22rd to be precise and they were using candle,that was when I knew the end was near. |
| Re: What Happened To Mr Biggs? by deyplay: 1:10pm On Jun 15, 2024 |
AmericanIdiot:Lol !! copy and paste this statement of yours on Nairaland business/tech section, Reddit or Quora and await the responses you would get to your opinions. It will shock you! |
| Re: What Happened To Mr Biggs? by faceland: 2:19pm On Jun 15, 2024 |
Azazyel:No |
| Re: What Happened To Mr Biggs? by SweetVibe: 2:53pm On Jun 15, 2024 |
Lontorlooka:This your reasons is too complex to be true.... MCDonald also do franchise but still exists, infact Nigeria Coca-cola and pepsi are the franchise of the main global brand.... Why Mr Biggs left is simply because the Nigerian market is too poor, just few rich and middle-class people. |
| Re: What Happened To Mr Biggs? by Hart11(op): 3:24pm On Jun 15, 2024 |
spencekat:baba you de stay around there abeg make we link up na me create the thread |
| Re: What Happened To Mr Biggs? by ollypass: 4:35pm On Jun 15, 2024 |
Winnin009:Go figure... what the market share of gala is relative to the competitors..before you use the word strong |
| Re: What Happened To Mr Biggs? by ollypass: 4:39pm On Jun 15, 2024 |
faceland:Yeah bank loan...like I said ..a little research won't hurt your brains |
| Re: What Happened To Mr Biggs? by AngelicBeing: 4:59pm On Jun 15, 2024 |
kushe: ![]() |
| Re: What Happened To Mr Biggs? by AngelicBeing: 5:00pm On Jun 15, 2024 |
kushe:Gbamsulotely, end of thread , |
| Re: What Happened To Mr Biggs? by Winnin009: 5:05pm On Jun 15, 2024 |
ollypass:Well, Rite and Chi’s Superbite and Beefie are strong competitors. Now I see a new one called kingsway too these days. I believe you get the picture |
| Re: What Happened To Mr Biggs? by Winnin009: 5:06pm On Jun 15, 2024 |
Vision101:Yeah. Same people that owns Mr Biggs and Gala. |
| Re: What Happened To Mr Biggs? by Slimwhyt(m): 5:18pm On Jun 15, 2024 |
JOGICE: ![]() |
| Re: What Happened To Mr Biggs? by ollypass: 5:25pm On Jun 15, 2024 |
Winnin009:judus to your observant nature ..how big is rite, chi, supervise outside ..in Benin in Owerri in port harcourth in Abuja. then let me leave you with this shocker ...the Kingsway you see was launched from the same stable of UAC ..barley a year ago and out sells all other of those brands you mentioned put together...and it isn't even doing half the revenue of it's senior brother GALA. hope this puts things in perspective. |
| Re: What Happened To Mr Biggs? by faceland: 5:28pm On Jun 15, 2024 |
ollypass:That is totally foooqin bullshit. You must have something worst 50 million to get 40 million loan and when it fails (multiple by 3 sites, I don't see a profit 120m), you lose your property. Bottom line, they had stupid prerequisites. We are not in USA, we are in Nigeria, be realistic. If it was sustainable, they would still be in business, after all no one is using their brand today, they can start all over again with the magical loan from bank. Banks or lawyers are not your friends. If ruining you "legally" would profit them, hey would take the opportunity to do it according to the books. |
| Re: What Happened To Mr Biggs? by Winnin009: 5:30pm On Jun 15, 2024 |
ollypass:Lol. Thank you for buttressing my point about gala losing market share. As far as there is a competition, your are losing their money. As for how big they are in other states?! For real?! Lol I’ve not been to the north, so I can’t say about that. But where you see Bigi drinks, you’ll see rite beef roll. I’ve been eating since my university days and I left the uni almost ten years ago. And superbite; anywhere Chivita gets to, you’ll see superbite there. So, yeah... gala did lose market share to these guys. If you don’t agree, it doesn’t change that fact. |
| Re: What Happened To Mr Biggs? by ollypass: 5:57pm On Jun 15, 2024 |
faceland:Did you see the part I said they paid off Thier loans in record time? and we talking bout early 2000s so don't compare it to the business climate now. I talk cos I worked with this people personally. Just because your mind can't fathom how it doesn't mean others won't make it happen |
| Re: What Happened To Mr Biggs? by ollypass: 6:02pm On Jun 15, 2024 |
Winnin009:For the life of me? does the presence of other brands in the market mean your losing market share ? of course this brands exist. But which one is growing faster year in year ..so again I ask you how does a growing brand lose market share ? hence where is the growth?don't confuse players existing in Thier niche for lose of market share in a market that's very very big, with still much room to innovate. |
| Re: What Happened To Mr Biggs? by ollypass: 6:08pm On Jun 15, 2024 |
https://nairametrics.com/2024/06/14/transcorp-vs-uac-nigeria-who-navigated-better-in-2023/ May be this will enlighten you more.. |
| Re: What Happened To Mr Biggs? by sowilli: 7:00pm On Jun 15, 2024 |
Thephilosopher1:not really. Customers needs are always changing. If the way you did business 5 years ago is how you still do business today, your time is short. You can always stay ahead of the competition if you are innovative enough. |
| Re: What Happened To Mr Biggs? by anthropizzy(m): 8:42pm On Jun 15, 2024 |
Winnin009:You just bought back the sweet nostalgia feelings that I once had for big treat. Big Treat bread was so lovely and luscious. In fact, at that time no other bread beat its taste. Wish I can have the recipe of big treat bread. |
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