Restaurants: Chain Closes Operations in Costa Rica

Arguing that there were problems of profitability, the Applebee's chain decided to close the three service centers it was operating in the country.

Monday, January 6, 2020

The restaurant franchise was operated in Costa Rica by the company Dine Equity, and the premises that were closed were located in Terrazas de Lindora, San Pedro and Cariari.

You may be interested in "Restaurants: Trends and Preferences in Guatemala"

Julio Villegas, operations manager of Applebee's Costa Rica, confirmed to Elfinancierocr.com that they will cease "... 'their presence in the country, because the profitability of the chain has not been ideal to maintain the operation. We have taken this decision in the most responsible way taking into account the interests and needs of our 90 collaborators who have been with us for more than 10 years'."

Also see "What kinds of Foods Do Costa Ricans Prefer?"

The article reviews "... Although the franchise was initially operated in Costa Rica by Aguacero de Bendiciones S.A., it later passed into the hands of the American Group Dine Equity, which also manages the IHOP (International House of Pancakes) restaurants."

Applebee's opened its first restaurant in the country in May 2009 in Momentum Lindora, then in 2010 it invested in the opening of a new location in Plaza Carolina, San Pedro. In August 2012, the third point of attention began to operate, in Plaza Bratsi, Heredia.

Do you need more information about your business sector?

Request more information:








this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423

CentralAmericaData is the leading B2B market research company in Central America. We specialize in compiling, validating and analyzing data from the economic activities in Central American and South American countries, along with Mexico. We provide our clients and companies with presence in the region relevant information to define business strategies and make adequate decisions. Learn more about our services here



More on this topic

Restaurants: Another Closing in Costa Rica

February 2020

The Hooters chain announced that since February 3rd it closed definitively the establishment that was in Moravia, arguing that the sales levels required to be sustainable were not reached.

An official statement details that the closure was made because of " particular circumstances of the area (Moravia) that have occurred during the last year."

Fast Food: Chains with Investment Plans

January 2020

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

Fast Food Chain Seeks Branches in Costa Rica

July 2017

A representative of the American restaurant franchise Chuck E Cheese's is planning to open three stores in the country, and is currently looking for spaces in the West and East of San Jose.

The representative company plans to open the first restaurant in Plaza Bratsi, in Heredia. Around $3 million will be invested in this location, and the process of remodeling the premises, importing games and hiring staff is currently being completed.

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.

 close (x)

Receive more news about Restaurants

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Gluten-free food business for sale

Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand.
The OHNE brand has 8 product lines: square bread, sweet...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Feb 17)
Brent Crude Oil
57.47
Coffee "C"
111.35
Gold
1,581
Silver
17.76