Costa Rica: $6.5 Million in New Restaurants
In the first six months of the year, four fast food franchises have opened six new restaurants.
Monday, June 29, 2009
With an investment of $3.5 million, the firm QSR (Quick Service Restaurant), owner of the franchises KFC, Quiznos, and Teriyaki, opened three locations in Santa Ana. Arcos Dorados, the owner of the McDonald’s franchise, opened three locations in San Ramon, Grecia, and Liberia.
Fast food chains will open 29 new restaurants in Costa Rica, most of them in the Metropolitan Area.
In 2011 fast food chains plan to open 20 new restaurants.
While Chili's and Buffalo Wild Wings open their first branches in Costa Rica, the established Applebee's, Subway, Quizno's, McDonald's, KFC and Teriyaki have increased their investments.
The opening and remodeling of restaurants, the closing of others and the entry into the market of new competitors is shaking up the market.
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