Pio Pio restaurants expand to Colombia

The biggest fast food chain from Panama will be launched in the Colombian market this year.

Tuesday, January 13, 2009

Laestrella.com.pa reports on its site that "after making the first steps in 2008, the Panamanian fast food franchise will be launched internationally.

"This year we will have more than one restaurant in Colombia," said Arturo Melo, president of the Melo Group, after reporting that 2008 was an excellent year for their company.

More on this topic

New Fast Food Chain in Panama

November 2016

The US fast food company Wingstop has announced that through a franchise 30 stores will be opened in Panama and Colombia, starting from 2017.

From a press release issued by Wingstop:

DALLAS, Oct. 28, 2016 (GLOBE NEWSWIRE) -- Wingstop, Inc. (NASDAQ:WING), the award-winning wing concept with more than 900 locations worldwide, today announced that it has entered into an international expansion agreement with Colowing S.A.

Franchises Booming in Panama

September 2013

Not only fast food franchises are growing, but also hospitality ones.

For example, during the first six months of 2013, seven Friday's restaurants, established in the country and run by the local group UNESA, recorded revenues of $9 million. Although some of these facilities reported low sales, the company says it is due to the stabilization of consumers, the time of year and other factors.

Rise of Food Franchises in Panama

November 2012

The population’s increased purchasing power and economic dynamism, is fueling huge investments in hundreds of fast food outlets.

Laestrella.com.pa reports that "between Dunkin Donuts and Franquicias Panameñas S. A. (FP) alone more than $20 million has been invested in expanding its franchisees in the country over the past eight years.

Costa Rica: Shaking Up the Fast Food Sector

November 2011

The opening and remodeling of restaurants, the closing of others and the entry into the market of new competitors is shaking up the market.

QSR International, which operates Quizno's in the country, has added fast-food chain Smashburger to its portfolio with three locations opening in 2012.

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