Costa Rica: Another Fast Food Closure

The restaurant chain Bagelmen's has closed seven stores which had been operating in the country for fourteen years, in addition to the recent closure of Wendy's, which closed its doors in early January.

Monday, January 26, 2015

Bagelmen's is the second large fast food chain which has closed its operations in the country this year. The closure of seven premises located in San Pedro, Lindora, Rohrmoser, Sabanilla, Heredia, Escazú and Guinoes, was announced by the owners of the company on January 24, without providing further details.

Nacion.com reports that "... At the moment, the owners of the firm, Malcolm Matheson and Isabel Schaer, have not provided statements about the closure." "... The firm, besides having its premises, also sold its products to supermarkets and hotels such as the Marriott, Four Seasons and Intercontinental. "

For its part, the director of the National Franchise Center , Karol Fallas, added "... The company reported, in August last year, 110 employees in seven establishments. "



More on this topic

Fast Food Chain in Costa Rica Closes

October 2015

Burger King Costa Rica has announced the closure of 29 restaurants operating in the country, after a decision was taken by shareholders and the franchisor BKC US.

Since February the franchise has closed four of its stores in the metropolitan area, citing a lack of financial viability.

More Fast Food Closures in Costa Rica

March 2015

Representatives from the international franchise Burger King in the country have announced the closure of four outlets, due to "bad business results".

The outlets which will cease operations are located in the Paseo Metropoli shopping center, Plaza Real Cariari, Santo Domingo and Heredia .

Costa Rica: Fast Food Franchises Closing Operations

January 2015

Citing unprofitability the investment group owner of the US franchise Wendy's has announced the closure of its operations in the country.

From a statement issued by Comidas Rápidas Wentica S.A. (Wendy's Costa Rica):

Comidas Rápidas Wentica S.A., operator of the restaurant chain Wendy's Costa Rica, under the principle of responsibly to shareholders, has decided to close its 10 stores in the country permanently, citing reduced the chain's profitability, due to the fact that Costa Rica is the third country in the world in terms of the number of restaurants per square kilometer.

Burger King to Expand in Costa Rica

June 2012

Under pressure from increased competition, the burger franchise plans to open 5 new stores in 2012 and 6 in 2013.

The burger chain has 31 locations in Costa Rica, but plans to open five new stores in 2012 which will also have a revamped exterior image, said Mario Jimenez, director of operations and logistics of Be Ca Costa Rica, the owner of the Burger King franchise in the country.

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