Petrotica recently inaugurated its first two gas stations, located in "San Sebastián" and "Paseo de los Estudiantes". Its first 8 stations will be owned by the company, while the future ones could be operated as franchises.
"We want to differentiate in the market through better service and a good image", explained Stellio Bertosi, "partner of new gas station chain Petrotica, which expects to become the first franchise of its kind in the medium term".
Source: elfinancierocr.com
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May 2009
The chain just opened its fifth store in Honduras and it expects to open its first one in Costa Rica in July, while negotiating entry into the U.S.
The franchise model of the Salvadoran “The Coffee Cup” Company currently has 18 stores in El Salvador and it plans to open 2 more stores in the country and 2 others in the region.
September 2009
Nicaraguan Petrol Distributor (DNP), a network of 50 gas stations in the country, was acquired for an undisclosed amount.
The purchase was done by a holding company related to the family of President Ortega. Its previous owner was Swiss company Glencore, and its assets include storage tanks in Puerto de Corino, capable of 60.000 barrels.
January 2012
The Venezuelan company plans to open eight new gas stations in the country this year.
The vice president of this joint venture, Luz Estrella Rodríguez, made the announcement, adding that they are venturing into the propane gas market with a greater supply.
As part of its marketing strategy, the company initially, offered lower prices than its competitors, but has gradually aligned its prices with the market.
April 2009
Musmanni Corporation will franchise its two current cafés and plans to continue growing through the franchise model.
The company has plans to franchise its two café operations called MusCafé for 2009. The projected growth under the franchise model is for 2010.
The Elfinanciero.com website published: "According to [Mónica] Bianchini [Product Manager for the Musmanni International Corporation] the growth model through franchising will be supported by Musmanni, which has experience in this system of expansion and therefore considers that it will be successful."