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.

Hassel Fallas writes for the website Nacion.com: “The investment, which is the biggest yet to be made by QSR, was made in the San Jose area because it is has a lot of commercial activity and office complexes, explained Carolina Beeche, Marketing Manager of QSR.”

More on this topic

Fast-food Chains Expand in Costa Rica

January 2011

In 2011 fast food chains plan to open 20 new restaurants.

The average investment ranges between $ 1 million and $ 1.5 million for opening of new stores. Also, remodeling of some stores was announced with values between $ 120 thousand and $ 400 thousand.

The new restaurants will generate about 425 jobs.

Costa Rica: 29 New Restaurants in 2010

January 2010

Fast food chains will open 29 new restaurants in Costa Rica, most of them in the Metropolitan Area.

This was announced by McDonald’s, KFC, Quiznos, Burger King, Church’s Chicken, Papa John’s, Campero, Taco Bell and Wendy’s.

On Sunday, McDonald's inaugurated its 35th restaurant, located in Desamparados, and will open another in Multiplaza Escazú. The company announced 4 additional restaurants this year.

Fast Food Still Booming

October 2012

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.

Before the end of the year, Hooters will open its fourth restaurant on Paseo Metropolis, in Cartago, east of San José, with an investment of $1 million.

Costa Rica: Shaking Up the Fast Food Sector

November 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.

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