Showcolate establishes foothold in Guatemalan market

Brazilian franchise Showcolate, which developed the fondue express concept, has opened its first kiosk in Guatemala two weeks ago. Showcolate franchise has been launched in Guatemala by Inversiones Morataya (Inmosa), which plans to open other two kiosks in the country by 2009 and to expand business to El Salvador and Costa Rica. The production of cocoa of Guatemala reaches 1.900 metric tons. Exports reached USD 30.8 million in 2007 and USD 5.8 million by May 2008.

Publication: BIS - Business Information Systems
Provider: Business Information Systems
Date: July 28, 2008