Costa Rica: The Fast Food Market in 2016

Thirteen fast food franchises will be opening 40 new stores this year, after 2015 saw the arrival of some new players and the departure of others.

Tuesday, February 2, 2016

A survey carried out by Nacion.com on the franchising industry revealed that about 40 new stores will generate 360 ​​jobs this year, compared to the 654 redundancies recorded in fast food restaurants segment in 2015.

See also: "Fast Food" in Costa Rica: Some Leave, Others Expand"

Nacion.com reported that "... in the case of the firm QSRD (Popeyes and Little Caesars), they have plans to open 12 stores. Pizza Hut plans to open seven locations in which to invest $ 2.1 million. Papa John's will be investing $1.5 million in four locations. On the other hand, Taco Bell will open two stores in the greater metropolitan area and one outside it after August. "

See also: Costa Rica: Is The Fast Food Industry Saturated?

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More on this topic

Pizza Market: Competition Increases

September 2019

In Panama, in the last three decades the business has been growing, which is reflected in the considerable increase in franchises, which compete for a share of the market.

The first international franchises to reach the country were Pizza Hut and Domino's Pizza in 1987 and 1988, respectively. Then others were established such as Tamburelli Pizza & Pasta, Athen´s Pizza, Ciao Bella Pizza, Pizzería Italiana and Napoles.

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.

Rise of Food Franchises in Panama

November 2012

The population’s increased purchasing power and economic dynamism, is fueling huge investments in hundreds of fast food outlets.

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.

Taco Bell Returns to Panama

June 2009

Next June 15, Franquicias Panameñas will open the first Panamanian Taco Bell fast food restaurant franchise in Multiplaza Mall.

Besides the store in Multiplaza, the US franchise will open restaurants in El Dorado, Albrook, Metro and Villa Lucre shopping malls, among others.

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