Costa Rican Restaurants Open in Panama

Costa Rican Brands of restaurants chains and coffee shops such as Spoon and La Fabbrica are counting on economic growth in Panama and opening branches in the capital.

Tuesday, January 20, 2015

AT the moment the restaurant chain La Fabbrica is maintaining its expansion with an increase of between 10% and 15% in Central America, while Spoon plans to start exporting Costa Rican branded products to Nicaragua, Panama and Puerto Rico.

Olivio Mena, CEO of La Fabbrica told Capital.com.pa that "... The company decided to venture into the Panamanian territory because of to the good economic indicators over there. " "... By taking this step the company hopes to continue conquering new markets; the next will be the Dominican Republic, where they see great potential because it has one of the best economies in the region and a large number of tourists visit the country. "

Meanwhile, the manager of the restaurant chain Spoon, Clemencia Palomo, added "... We will start by selling cakes, frozen desserts and groceries. " "... Highlights include the progress of talks with two major supermarket chains and two distributors in Panama. With this the company aims to position the brand in other countries and to approach the products as a platform for converting it into a franchise in the future. "

More on this topic

Costa Rica: Is the Fast Food Sector Saturated?

January 2015

According to the union of restaurants, the close of the chain Wendy's reflects the saturation of a market which between 2010 and 2014 saw the opening of 244 outlets.

The east and west zones of the greater metropolitan area of ​​the country are reporting higher saturation levels, according to the Costa Rican Chamber of Restaurants, since the supply per person in this sector "...

Costa Rica: More and More Burgers

December 2012

There are at least 15 Costa Rican restaurant chains where burgers are the highlight dish on the menu.

International brands include Mc'Donald's with its 50 stores, Burger King with 31 and Wendy's with 13 restaurants. Other fast food franchises with burgers on the menu are "Carl's Jr., which debuted in 2011 and has six locations, and Smashburger, which opened its first store in Lincoln Square, earlier this month."

More Franchises Come to Costa Rica

June 2012

The Franchises Buffalo Wings and Moe's are to start operations in August in Plaza Tempo, located in Escazu.

For the U.S. food chain, Moe's, the opening of its branch in Costa Rica is it’s first foray into Latin America. The company also plans to open another branch in July 2013, in Plaza Carolina Mall, also in the Costa Rican capital.

Pizza Chains Expand in Costa Rica

March 2011

Pizza Hut, Pan e Vino, Papa John's and La Fabbrica opened eleven new restaurants this year.

With a $ 2.4 million investment, Pizza Hut will open six new stores and remodel another three. It also plans to open three coffee shops in their restaurants.

La Fabbrica will open its sixth outlet, located in Sabana Oeste during April.

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