Business and Investment Costa Rica Chamber of Commerce franchising business Business opportunities Commerce Events Karol Fallas investment Alonso Elizondo Chamber of Commerce, Industries and Agriculture of Panama Companies Corporación Musmanni Costa Rican Business and Opportunities Expo Franchise Expo 2011

More Costa Rican Franchises

Data from the Chamber of Commerce shows that franchises of Costa Rican origin increased 40.9% in the past four years.

Tuesday, February 23, 2010

According to the same study, out of the 150 franchises operating in the country, 14% are of Costa Rican origin.

"... 44% of the Costa Rican franchises belong to the food sector. There is varied offer in this group, including bakeries and restaurants. Beauty and personal care represent 9% and growing", reports Elfinancierocr.com.

Source: elfinancierocr.com

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Markets for Exporting Franchises

October 2013

Only a few Latin American countries have a mature franchise market, creating an opportunity for other franchisors.

Experts agree on this, believing that Latin America represents a perfect market for expansion. Every year the industry generates about $80 million and consists of more than 5000 brands, reporting growth exceeding 10%.

Costa Rica: Franchise Center Opens

April 2013

The National Franchise Centre will promote new businesses and advise international franchises on how to set up in Costa Rica.

According to Karol Fallas, coordinator of the franchise process at the Chamber of Commerce, the National Center's goal is give continuity to the Franchising project currently being developed with funding from the Inter-American Development Bank (IDB), and which ends this year.

Costa Rican Franchises Grow

March 2012

31 companies in Costa Rica work under this business model, some with foreign expansion.

Most domestic franchises belong to the food and services sector.

Among these are Musmanni (pioneer in the field of franchising, in 1985), Merecumbé(1998), Get Nuts (2002), Maridos de Alquiler (2005), Pane E Vino (2008), Inka Grill (2008) and Atlético Gimnasio y Spa (2008), reported Nacion.com.

Franchises in Costa Rica Up 14.6%

March 2011

According to a 2010 study by the Chamber of Commerce, 22 new franchises were identified in relation to 2009.

There are 172 franchises currently operating in the country of which 14% are in San Jose. Of the 147 international franchises, 59% are of U.S. origin.

"According to the study, there are 1.432 establishments operating in the country, of which 571 (38%) are national franchises and 861 (62%) are international," informed Elfinancierocr.com.