Business and Investment Restaurant Opening Restaurants franchising restaurant fast food Francorp José Fernández Ramón Hernández Santos The International House of Pancakes Aguaceros de Esperanza Applebee’s Asociación Guatemalteca de Franquicias Berkshire Hathaway Buen Rollo S.A.

Restaurant Franchises Keep Growing

In Guatemala and throughout Central America the opening of franchise restaurant chains continues to increase.

Monday, August 22, 2011

In the coming months 7 new franchise restaurants will open in Guatemala, including the return of the U.S. firm Dunkin Donuts. Currently there are 200 franchises operating nationwide restaurant, of which 75% are U.S. companies

The CEO of the Corporation of Franchises (Francorp), Jose Fernandez, told Siglo21.com.gt that Guatemala "has become fertile ground for the industry, with something for every taste and sector. Fernandez says brands have been found in the franchise model a safe route for expansion. "

Source: sigloxxi.com

Key entities

Chamber of Industry of Guatemala Gremial Guatemalteca de Franquicias Ramón Hernández Santos Francorp José Fernández

Countries

Guatemala

Insight

restaurant Restaurant Opening franchising Restaurants Business and Investment

Boost to Franchises in Guatemala

May 2012

An agreement between the Guatemalan Chamber of Commerce and the Guatemalan Association of Franchising aims to promote the model in order to achieve growth by opening up new markets.

Aida Rios, president of the Guatemalan Association of Franchises (AGF in Spanish), said the support of the GCC will allow companies interested in franchising to compete in other countries, improve financing options and project their image at events.

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.

Franchises in Guatemala

March 2011

Currently, 265 franchises operate nationwide of which 22% are in the Guatemalan capital.

According to information from the Guatemalan Association of Franchises (AGF), the 265 franchisees operate approximately 10.000 business units generating about 100 thousand jobs.

"According to information from consulting firm Francorp, the franchise offering is extensive, finding business opportunities ranging from U.S.

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.

close (x)