IHOP Franchise Enters Guatemala

With a $ 1.5 million investment, The International House of Pancakes (IHOP) opened its first restaurant.

Friday, March 4, 2011

The Guatemalan opening marks the entry of the U.S. chain, known for its pancakes, in Latin America.

"The 760 square meter restaurant can accommodate 288 people created 120 jobs and offers its famous pancakes, crepes, burgers, breakfasts and lunches," reported the article in Prensalibre.com.

More on this topic

International Fast Food Franchise Arrives at Panama

July 2014

The U.S. chain Smashburger, already present in Costa Rica, has announced it will open five restaurants in Panama.

Representatives of the franchise said that the opening of the first restaurant is scheduled for the third quarter.

"...The franchise chose Panama, after analyzing the business outlook, expansion and competition in the sector.

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.

Hamburgers and Fast Food in Costa Rica

February 2012

In an already saturated hamburger market another competitor is looking to set up franchisees throughout Central America.

The Smashburger chain will be the new player in the competitive hamburger market in Costa Rica, where the company plans to open three restaurants this year.

Guatemala: Franchises to Grow 15% in 2011

March 2011

US-based International House of Pancakes (IHOP) is one of those beginning operations in the country.

The expected growth for this year is similar to that seen in the previous two years.

Jose Fernandez, CEO of Francorp Guatemala, told Prensa Libre that among companies showing interest in entering the Guatemalan market "...

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