Father's Day Special: Chaswood's Recipe for Success

Our Father's Day Special on the Breakfast Grille: Andrew Reddy, Managing Director of restaurant operators Chaswood Resources, and his son Nicol Reddy, the Director of Operations.

Chaswood operates 13 brands including T.G.I. Friday's and Watami. It also owns and operates proprietary brands like Italiannies, The Apartment, Market Hall, Bedroom, Teh Tarik Place, Baci Italian Café, Republic, Malones and Laundry. 

Andrew & Nicol discuss:

-- their start in the F&B business

-- the move towards Asian F&B brands with the acquisition of the franchise rights to Watami, Bulgogi Brothers and Paradise Dynasty

-- if the food business is recession-proof

-- if rising cost of living has impacted dining choices esp with the mid-tier restaurants

-- the franchising model of Teh Tarik Place

-- competition from local warungs and mamak places

-- update on stores and goals for expansion

-- why looking at Thailand and Indonesia markets

-- dangers of expanding too fast

-- achieving consistency across all stores

-- staffing challenges

-- why Chaswood chose to list in Singapore instead of Malaysia

-- the family dynamic at work & succession plans

-- their advice to other entrepreneurs who work with their family members