Taco Maker Now Operates in Panama

The Mexican food franchise inaugurated its first restaurant in the country, out of the 20 it plans for the next 8 years.

Friday, September 11, 2009


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Taco Maker's new restaurant is located in Albrook Mall, in the Ancón district. It joins international franchise The Taco Maker Inc. (TTM), alonside 185 restaurants in United States, Latin America and the Far East. The company's short term expansion plans include Costa Rica and other Latin American and European destinations.

"We're beyond excited about this expansion into Panama", said Carlos Budet, president and CEO of TTM. "The new Albrook Mall restaurant is an integral part of our strategy to expand our reputation and reach the entire world".

More on this topic

Mexican fast food chain arrives in Panama

August 2008

The Taco Maker will open 22 restaurants in Panama in the next three years, with Costa Rica as its next destination.

The Mexican fast food franchise, The Taco Maker, announced yesterday that it is entering the Panamanian market.

The company plans to open 22 restaurants in the next three years, and hopes to have "the first three in operation by 2009," according to Carlos Budet, president of FransGlobal Corporation, the firm that owns The Taco Maker.

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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.

Fast food Chain Comes to Costa Rica

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With an investment of $3 million the Carl's Jr. chain has opened its first three restaurants in San Jose.

The franchise management company, Gold Star Burgers SA, indicated on the occasion of the inauguration of its first location in the heart of the capital, that in the coming weeks they will open two new branches in malls, Mall San Pedro and Plaza Real Cariari.

Rise of Food Franchises in Panama

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Laestrella.com.pa reports that "between Dunkin Donuts and Franquicias Panameñas S. A. (FP) alone more than $20 million has been invested in expanding its franchisees in the country over the past eight years.

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