Guatemala: Franchises to Grow 15% in 2011

US-based International House of Pancakes (IHOP) is one of those beginning operations in the country.

Thursday, March 3, 2011


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The expected growth for this year is similar to that seen in the previous two years.

Jose Fernandez, CEO of Francorp Guatemala, told Prensa Libre that among companies showing interest in entering the Guatemalan market "... are Colombian Velez and Mario Hernandez (leather), El Corral (burgers), Leña y Carbón (restaurant), while from Spain are mentioned Nisako (women accessories) and Cortefiel (boutique). From Brazil they expect the brand Track 1 shoes."

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International Fast Food Franchise Arrives at Panama

July 2014

The U.S. chain Smashburger, already present in Costa Rica, has announced it will open five restaurants in Panama.

Representatives of the franchise said that the opening of the first restaurant is scheduled for the third quarter.

"...The franchise chose Panama, after analyzing the business outlook, expansion and competition in the sector.

Hamburgers and Fast Food in Costa Rica

February 2012

In an already saturated hamburger market another competitor is looking to set up franchisees throughout Central America.

The Smashburger chain will be the new player in the competitive hamburger market in Costa Rica, where the company plans to open three restaurants this year.

IHOP Franchise Enters Guatemala

March 2011

With a $ 1.5 million investment, The International House of Pancakes (IHOP) opened its first restaurant.

The Guatemalan opening marks the entry of the U.S. chain, known for its pancakes, in Latin America.

"The 760 square meter restaurant can accommodate 288 people created 120 jobs and offers its famous pancakes, crepes, burgers, breakfasts and lunches," reported the article in Prensalibre.com.

Italian Food Franchise Expands in Guatemala

July 2010

The Al Macarone chain has opened four new restaurants and expects to add another 13 by the end of the year.

Since beginning operations in 1977 the chain has inaugurated 62 restaurants, of which 11 operate as a franchise.

"We expect to have a total of 75 establishments by the end of 2010 and also start investing in the rest of the Central American isthmus using the franchise model," explained Francisco Farjardo, Al Macarone's head of franchise operations, to Elperiodico.com.gt.

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