Costa Rica: New Restaurant Investment

The new location in which Friday's invested $150,000 is located in Los Yoses, east of the capital, and has the capacity to serve 180 people, but because of health restrictions it is only half full at the moment.

Monday, November 23, 2020

Previously, Friday's served its clients in San Jose in the La Bandera traffic circle, San Pedro de Montes de Oca, but, because its property was expropriated in 2019 due to the construction of a viaduct, the company was forced to close its operations in that location.

A year later, the opening of a new store in the capital was announced. It is located in Los Yoses, 125 meters south of the Arenas store. According to the company's information, this store was supposed to start operating in March 2020, however, due to the covid-19 outbreak, the start of operations was delayed.

See "Fast Food: Restaurants' Location Potential"

According to the owner of the restaurant, the new place has a traditional American-style bar, a patio of light with open and natural spaces, an area to drink coffee, an outdoor ranch and a beer garden.

Carlos Felipe Huezo, owner of Friday's, told Nacion.com that "... 'when thinking about the reopening, we were compliant not only with the new gastronomic trends, but also with the architectural ones, where we merged the bistro with the industrial and urban design. It is not a question of offering a menu of dishes, but rather to provide visitors with a gastronomic experience."

You may be interested in "Restaurants: Trends and Preferences in Guatemala"

Huezo added that "... 'the Beer Garden, for example, is a patio of light that was conditioned to enjoy the beer culture in an urban environment. Banners were placed on its walls with young people doing adventure activities. It is a very pleasant and youthful atmosphere."

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Restaurants: Strategies for the New Year

December 2020

Betting on sales through digital channels, offering dishes at more accessible prices and carrying out promotions are some of the strategies that some casual dining restaurants that compete in the Costa Rican market seek to apply.

The spread of covid-19 severely affected the restaurant sector, especially businesses that did not sell through digital channels or did not have options to deliver their products to their homes.

Changes in Restaurants' Operations

May 2020

Removing commonly used beverage dispensers, signaling establishments to ensure social distancing, and installing doors with a foot opening are some of the adaptations that restaurants will have to make to operate in the new commercial environment.

The restaurant sector has been one of the hardest hit by the covid-19 outbreak, as in most countries the authorities have prohibited these establishments from serving their customers in the table area and only allow them to sell take-out.

Restaurant Chain Closes Stores in Costa Rica

March 2020

The TGI Friday's chain decided to close its store located in the Oxygen Human Playground shopping center, in the province of Heredia, for a 90-day period.

"As you know, the food and beverage sector has been highly impacted, which is why we have taken the measure to suspend operations at our Friday's Oxygen store," explained a statement issued on March 21 by the company.

Fast-food Chains Propose New Investments

December 2018

In Costa Rica, fast food restaurant chains plan to open at least 14 new sales points in different areas of the country next year.

Some of the companies planning to expand their restaurant chain in 2019 include: Taco Bell, Pizza Hut, McDonald's, Subway, KFC and QSR International, and their key commitment to further expansion will be to move into smaller locations.

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