Mexico’s Alsea Now Owns 100% Of Starbucks In Argentina

Alsea, the largest operator of fast food, coffee shop and casual dining restaurants in Latin America, now owns 100% of Starbucks Coffee Argentina after acquiring the remaining 18% interest that it did not already own. The company made a similar move in Mexico earlier this year when it acquired the remaining 18% of Cafe Sirena, the Mexican company that operates …

Where Is The Best Place To Open A Business In Buenos Aires?

The Mall or Main Street? Santa Fe or Shopping? Callao or Centro Comercial ? These are the questions posed in a detailed analysis of the many options available to investors looking to open a retail business in Buenos Aires. While malls trump Main Street 70/30 in countries like the US, having a storefront on a prominent avenue or pedestrian street is more …

Uruguay The #1 Market For Argentina Franchise Expansion

When the most popular Argentine franchises are ready to export their business model, they don’t have to look much further than across the River Plate. According to a report shared at the 2013 International Franchise Fair in Montevideo (FIFU), Uruguay is the number one foreign destination for Argentina-based franchises. The number of Argentina-based franchises in Uruguay is up 35% over …

Open Your Own Subway Franchise In Argentina Or Uruguay

Subway co-founder Fred DeLuca was in Montevideo this week visiting some of the company’s Uruguay locations and sat down for an interview with El Pais reporter Gabriela Rocha. Over a lunch of six-inch subs at the Montevideo Shopping, DeLuca shared the secrets of success for the Subway franchise model and potential franchisees looking to open their own Subway often with …

5-Star Buenos Aires Hotel Was Being Taxed As A Vacant Lot

A five-star hotel in one of Argentina’s most exclusive seaside resorts was being taxed as a vacant lot, according to tax collection authorities in the Province of Buenos Aires. In a press release yesterday from the Collection Agency of Buenos Aires (ARBA), the hotel was identified during the agency’s 2013 summer audit. The three-story hotel on Route 11 features 60 guest rooms, a …