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.
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.
A Brazilian franchise with operations in Guatemala is offering to sell fresh fruit coated with liquid chocolate.
The business, conceived eight years ago by businessman Wallace Tonon, offers recipes based on fresh fruit and liquid chocolate.
In Guatemala the product is being marketed by Inversiones Morataya (Inmosa).
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