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Taco Maker Now Operates in Panama

The Mexican food franchise inaugurated its first restaurant in the country, out of the 20 it plans for the next 8 years.

Friday, September 11, 2009

©image: www.pilotoviejo.com

Taco Maker's new restaurant is located in Albrook Mall, in the Ancón district. It joins international franchise The Taco Maker Inc. (TTM), alonside 185 restaurants in United States, Latin America and the Far East. The company's short term expansion plans include Costa Rica and other Latin American and European destinations.

"We're beyond excited about this expansion into Panama", said Carlos Budet, president and CEO of TTM. "The new Albrook Mall restaurant is an integral part of our strategy to expand our reputation and reach the entire world".

Source: QSRMagazine.com

Key entities

The Taco Maker Carlos Budet

Countries

Puerto Rico Panama

Insight

expansion mexican food fast food restaurant Restaurant Opening franchising Restaurants

Mexican fast food chain arrives in Panama

August 2008

The Taco Maker will open 22 restaurants in Panama in the next three years, with Costa Rica as its next destination.

The Mexican fast food franchise, The Taco Maker, announced yesterday that it is entering the Panamanian market.

The company plans to open 22 restaurants in the next three years, and hopes to have "the first three in operation by 2009," according to Carlos Budet, president of FransGlobal Corporation, the firm that owns The Taco Maker.

Expansion of Chicken Chains in Costa Rica

July 2011

While waiting for new foreign franchises to enter the market, domestic chains are expanding their operations.

More stores in different parts of the country, new brands and increasing competition are defining the chicken restaurant market.

This year alone there are plans to open at least two outlets under the Nicaraguan franchise Tip Top, which last year tried its hand in the center of the province of Alajuela.

Fast food Chain Comes to Costa Rica

November 2011

With an investment of $3 million the Carl's Jr. chain has opened its first three restaurants in San Jose.

The franchise management company, Gold Star Burgers SA, indicated on the occasion of the inauguration of its first location in the heart of the capital, that in the coming weeks they will open two new branches in malls, Mall San Pedro and Plaza Real Cariari.

New Investments by McDonald's in El Salvador

October 2011

The fast food chain has announced it is opening six new restaurants in 2012.

Luis Gonzalez, operations manager for McDonald's in El Salvador said the investment plan for next year also includes opening a McCafe in every restaurant in the country.

"Gonzalez said it has not yet been decided where the next coffee shop will be opened.

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