Franchises in Guatemala

Currently, 265 franchises operate nationwide of which 22% are in the Guatemalan capital.

Wednesday, March 16, 2011

According to information from the Guatemalan Association of Franchises (AGF), the 265 franchisees operate approximately 10.000 business units generating about 100 thousand jobs.

"According to information from consulting firm Francorp, the franchise offering is extensive, finding business opportunities ranging from U.S. $ 15 000 to above $ 1 million as investment in purchase of equipment, land and facilities," reported the article in Elperiodico.com.gt.



More on this topic

Boost to Franchises in Guatemala

May 2012

An agreement between the Guatemalan Chamber of Commerce and the Guatemalan Association of Franchising aims to promote the model in order to achieve growth by opening up new markets.

Aida Rios, president of the Guatemalan Association of Franchises (AGF in Spanish), said the support of the GCC will allow companies interested in franchising to compete in other countries, improve financing options and project their image at events.

More Franchises to Come to Guatemala

March 2012

The Guatemalan Association of Franchises expects the arrival of six new franchises in the country, representing investments of $10 million.

This year six new franchises could come to Guatemala, where there are nearly 300 such companies, said Aída de Mancilla, president of the Guatemalan Association of Franchises (AGF).

Guatemala in World Franchise Council

March 2012

The international body has accepted as a member the Guatemalan Association of Franchises, whose executives are hoping this will help attract more investment.

Julius Caesar Loarca Zea, project manager at the Guatemalan Association of Franchises, said the entry into World Franchise Council (WFC) opens the doors for national franchises to Europe and Asia.

Rise of Franchises in Guatemala

June 2011

The country has become the largest market for franchising in the region, with sales of $300 million annually.

Of all the franchises operating in the country, who together generate about 525,000 direct jobs, 65 are national chains and of these, some already have a presence in other countries such as Pollo Campero, and La Holandesa among others.

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