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.
This was confirmed to La Nacion by the representative of McDonald's, Quizno's, KFC, Teriyaki, Subway, Wendy's, A's and Domino's.
The franchise was acquired by Jorge Alcázar, owner of chicken food chain "Restaurantes AS".
Domino's used to operate mostly as an express delivery service, but the new owners will open restaurants with capacity for 50 to 75 people. They will start with a store in the east of San José, and another in the west of the city.
The franchise was owned by Mexican group "Grupo Mozarella" (BGM), who closed its Costa Rican stores in February 2009.
After the closing of nine locations in Costa Rica under Grupo Mozzarella, the parent company has already indicated that they are seeking a new partner to operate the franchise in Costa Rica.
Grupo Mozzarella operates the franchise in Honduras and Panama as well, where apparently their locations will continue functioning. However, employee lay-offs associated with the rise in the government mandated minimum wage are expected.
The franchise, which had nine restaurants, abruptly stopped its operations after accumulating $2 million in losses.
The article in Mipunto.com, citing the La Nacion daily as its source, indicated that "The closure of Domino's Pizza, which operated nine restaurants in San Jose and neighboring cities, occurred has the government of Costa Rica was adopting the "Shield Plan" to deal with the impact of the international economic crisis in a country that is very dependent on trade with the United States."