More Restaurant Franchises in Honduras

The results of a study conducted by the Central Bank, the Ministry of Industry and the Tourism Institute, indicate that from January to June 2011, companies paid $15.2 million by way of franchises and the figure for the end of the year is expected to be $32 million.

"According to the study, brands in the fast food business stand out among the best known in Honduras, among a broad portfolio of international franchises.

The cost of a franchise varies, but the more well known the brand is, the higher the royalty payment", noted Elheraldo.hn

Source: elheraldo.hn

More on this topic

Guatemala: Wendy’s Invests $6.4 Million

May 2010

The company plans to open 8 new restaurants until 2013 at $800.000 each.

Stephanía Calderón, Wendy’s marketing manager, explained that they expect to open two restaurants in 2010, one in September and the other by yearend.

Ramón Hernández, president of the Guatemalan Franchises Association, referred to Wendy’s expansion plans, stating that “in the food industry each brand has its own strategy.

Chili's restaurant now in El Salvador

January 2009

With $2 million in investment, Brinker International foods and American Food inaugurated the first Chili's restaurant.

Elsalvador.com reports: "The director of the Brinker International brand for Latin American and the Caribbean, William Urrego, said that with the presence of this international brand they are consolidating their growth in the Central American region.

Taco Bell Returns to Panama

June 2009

Next June 15, Franquicias Panameñas will open the first Panamanian Taco Bell fast food restaurant franchise in Multiplaza Mall.

Besides the store in Multiplaza, the US franchise will open restaurants in El Dorado, Albrook, Metro and Villa Lucre shopping malls, among others.

Burger King To Invest $6 Million in Costa Rica

April 2010

“Corporación Alimentos del Rey”, owner of the franchise, will invest over the next three years to open new restaurants.

Company president Salomón Aizenman explained they will install 5 new restaurants outside the Central Valley and update two existing stores.

“Each new restaurant will employ a little over 25 workers.