Shakey's Pizza Asia Ventures Inc. is set to open 15 new Shakey's and 15 new Peri-Peri Charcoal Chicken outlets in 2021, restarting a store network expansion strategy that was put on hold last year due to the COVID-19 pandemic. Last 2020, the Company ended with 245 Shakey's restaurants, 3 of which were located abroad, and 34 Peri outlets all located in the Philippines. It also launched a number of new offerings in select outlets including the ability for guests to `Park & Dine, `Park & Order, eat outdoors, and order R&B milk tea - one of the leading milk tea brands in Singapore. The company is set to open smaller store formats with reduced investment requirements relative to its traditional brick-and-mortar stores. This ensures payback periods are kept short and return on capital remains high. It is also looking to build locations that have both the Shakey's and Peri brands to maximize its existing asset base.