Franchising
in Central America
Friday, February 3, 2012
Franchise operations in the country are planning new openings for this year, 2012, driven by economic growth.
Such is the case of Wing Zone Panama which has three restaurants in the country, and plans this year to open five new branches, said Adalberto Ferrer managing partner of the chain.
Tuesday, January 10, 2012
This is the first of 10 branches that are planned to be opened over the next five years in Panama, by the company JV Panama SA, which owns the franchise.
The new Juan Valdez ® Coffee store will be located in the Trump Ocean Club International - Hotel & Tower Panama.
Wednesday, December 21, 2011
Florida Ice & Farm, without disclosing the amount of the investment, has announced the purchase of the Musmanni Corporation, which owns the bakery of the same name in Costa Rica.
With the acquisition, Fifco acquires control of 30 branches operating in the country. There are 150 other stores operating under a franchise.
Tuesday, December 13, 2011
The Vellísimo Center franchise, which specializes in health and beauty treatments, has opened its first two premises in the Guatemalan capital.
The new premises located in Cayalá and Los Próceres offer all kinds of health and beauty treatments.
Sofia Lopez, head of the Training and Counseling Department at Center Vellísimo, told Prensalibre.com that, "...
Friday, December 9, 2011
Spring Hotel Suites has plans to open new premises for December 2012 in Panama.
Ramon Hernandez, corporate president and franchise manager, told Prensalibre.com that the license will cost of $35 thousand and that some $650 thousand investment is needed.
Monday, December 5, 2011
With an investment of $2 million, MiniMEd has started operations offering basic health services.
Juan Carlos Mastellari, general manager of the franchise, said they hope before the end of 2012 to have seven new branches in the country.
Friday, November 25, 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.
Monday, November 14, 2011
The opening and remodeling of restaurants, the closing of others and the entry into the market of new competitors is shaking up the market.
QSR International, which operates Quizno's in the country, has added fast-food chain Smashburger to its portfolio with three locations opening in 2012.
Friday, October 14, 2011
In 2009 $25.7 million was paid for franchising licenses and international licenses, increasing to $30.4 in 2010.
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.
Tuesday, September 27, 2011
The chain, Choice Hotels International, plans to expand in the country offering new franchises.
Rodolfo Giullioli, development and strategy director of Real Hotels & Resorts, said that in recent months meetings have been held with potential partners that meet the quality standards required by the chain.
Wednesday, September 21, 2011
Juan Valdez coffee shops are expanding with the first franchises in Panama and Aruba.
A press release from the National Federation of Coffee Growers of Colombia reads:
In a ceremonial event held in Bogota, Procafecol S.A. and the company 'JV Panama S.A'., signed an agreement granting the first international franchise for Juan Valdez ® coffee, giving free rein to develop the brand in Panama and Aruba.
Monday, August 22, 2011
In Guatemala and throughout Central America the opening of franchise restaurant chains continues to increase.
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
Thursday, August 18, 2011
The new store will open in late September and will be the fifth by the chain in Central America.
The 270 square meter store will be located in Oakland Mall and will create 30 jobs.
'On 19 March the chain opened it’s his first branch in the country, located in the Pradera Concepción shopping center, and also recently opened the third Starbucks branch in San Salvador in the Galeries shopping center", writes Byron Dardón in Prensalibre.com
Wednesday, August 3, 2011
The fast food chain Dairy Queen has announced it will open 15 stores in Guatemala.
In a press release, the company stated it has signed a franchise agreement with Grupo Buen Rollo, to open 15 stores by 2015.
According to plans, the first restaurant will be opened in Guatemala City in October 2011.
Friday, June 24, 2011
The country has become the largest market for franchising in the region, with sales of $300 million annually.
Of all the franchises operating in the country, who together generate about 525,000 direct jobs, 65 are national chains and of these, some already have a presence in other countries such as Pollo Campero, and La Holandesa among others.
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