Fast Food: Chains with Investment Plans

Pizza Hut, KFC and Subway are some of the fast food chains that plan to invest in opening new restaurants during 2020.

Thursday, January 9, 2020

The Pizza Hut chain plans to invest close to $1.8 million in the opening of six new stores this year. The points of sale could be located in the areas of Aserrí, Paraíso de Cartago and San Ramón de Alajuela.

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KFC is another company that plans to invest. In this case, plans to spend $2.7 million in the adaptation of three restaurants, which would be in Limon, South Sabana and West Alajuela.

Elfinancierocr.com reports that "... Subway plans to expand coverage with four more locations in 2020, which would be located inside and outside the Greater Metropolitan Area (GAM)."

The article adds that "... Other restaurants that have not ruled out opening stores in Costa Rica are McDonald's (opened three stores in 2019) and Carl's Jr. (no openings in the last two years). The firm did not detail what its plans are."

The announcement of these new investments in restaurants, comes in a context where the casual food chain Applebee's decided to close its operations in the country, arguing that there were problems of profitability.

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More on this topic

Pizza Chain is Preparing New Investments

September 2019

In Costa Rica, the Pizza Hut chain expects to invest about $1.6 million in the next few months in the opening of six new sales points outside the Greater Metropolitan Area.

Representatives of the company informed that the new premises will be located in Nicoya, Orotina, Quepos, San Rafael de Alajuela, Turrialba and San Ramón. In the case of the sales point in Nicoya, it was inaugurated last September 17.

New Investments in Fast Food

February 2019

KFC chain will invest $3 million to open three new restaurants and $1 million to remodel other locations already operating in the country.

The company reported that the new restaurants, which will begin operations in 2019, will be located in Escazú, Limón and Heredia, and those that will be remodeled are located in downtown San José, Alajuela and in Multicentro de Desamparados.

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.

Food Franchise Frenzy

January 2013

In Panama, the population’s increased purchasing power and the economic dynamism are driving new investments by major fast food chains.

The companies Franquicias Panameñas, S.A., KFC and Pizza Hut are to invest $7.5 million in the construction of new stores and the refurbishment of several existing ones.

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