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Franchises are booming in Costa Rica

Thursday, October 4, 2018

The number of franchises in Costa Rica have grown to 360 in Costa Rica, and the number of such establishments has grown by 140 percent over the last eight years.

Franchises provide more than 30,000 direct jobs and more than half of them are small to medium-sized, with an initial investment of $50,000 to $250,000.

The fastest growing franchises are those related to food, but they range from gyms, beauty parlors and entertainment, according to Karol Fallas, director of the National Center for Franchises.