More and More Places to Eat in Costa Rica

In the last two years the supply of fast food restaurants has doubled, and now oversupply is being noticed in a decline in sales, which have fallen by 10%.

Tuesday, August 27, 2013

According to Manuel Burgos, president of the Costa Rican Chamber of Restaurants and Related Businesses (Cacore), with the opening of new shopping centers such as Lincoln Plaza in Moravia, Paseo Metrópoli, in Cartago, and Plaza Tempo, in Escazu, at least 80 restaurants of this type have opened.

As Cacore explained in the third Congress on National Restaurants last year, per capita food supply in the country is higher than in cities like Chicago and Paris. Burgos told the audience at the time : "Analyse openings very well."

The increase in supply has produced results ranging from a drop in sales to closure of some of these facilities, confirmed Burgos, adding that what food chains need is to gain zones in order to keep their customers.

With regard to independent investment he explained that people see in these businesses a niche for their money so that it is not earning a small amount of interest left in a bank.



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.

The Fast Food Business in Costa Rica

September 2017

In the last three years nine fast food chains opened at least 67 points of sale, both in the Greater Metropolitan Area and in rural areas of the country.

The fast food market in Costa Rica is not showing signs, at least for now, of being saturated. The constant opening of new points of sale by different chains reflects the growth potential that this segment of the restaurant market still has. 

Fast Food Still Booming

October 2012

While Chili's and Buffalo Wild Wings open their first branches in Costa Rica, the established Applebee's, Subway, Quizno's, McDonald's, KFC and Teriyaki have increased their investments.

Before the end of the year, Hooters will open its fourth restaurant on Paseo Metropolis, in Cartago, east of San José, with an investment of $1 million.

More "Fast Casual" Food in Costa Rica

April 2012

Those that are already here are expanding by opening more stores, while other franchises are coming to settle in a market with rapidly changing trends in consumer dining.

In 2012 seven new concepts will join the fast-food market .

Spoleto is one of them, a chain of Brazilian origin that offers salads and pasta dishes prepared to suit the client.

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