Champ Resto (IDX: ENAK): Indonesia's Restaurant National Champion?

Like Jollibee in the Philippines, Indonesia's Champ Resto (IDX: ENAK) has opted to create it's own portfolio restaurant brands or concepts rather than just franchise international ones.

Most mass market restaurant chains in Indonesia are foreign owned or rather international franchisees, but Champ Resto (IDX: ENAK) has actually created local restaurant brands or concepts. This means no conflicts or contract cancellations with foreign franchisers when contracts are up for renewals (aka how The Pizza Company in Thailand came about) - som…