News

Quiznos signs development agreement for Nicaragua

August 20, 2013

QSR International has signed a three-unit Quiznos development agreement for the country of Nicaragua with Industria de Comida Rápida S.A., managed by Bergman Castillo, CEO and founder of both Grupo Golan, a security company, and Grupo de Comunicación S.A., an advertising company.

QSR International has now signed four new development agreements for a total of 27 new restaurant units this year.

"Mr. Castillo is a highly successful business entrepreneur throughout Nicaragua. He has a thorough knowledge of the marketplace and culture, and has an established professional team that's making huge inroads in the country," said Pablo Fernandez, franchise expansion manager of QSR International. "As a highly successful entrepreneur, with a top-notch professional support group, we are confident of his continued future success."

Having opened 11 restaurants thus far in 2013 (one KFC, one Smashburger, one Cinnabon, one Q-Corner, Six Quiznos, and 1 Centenario Rum Bar), QSR International is now a 146-unit, multi-brand franchisee and master franchise QSR developer operating in 15 countries.

QSR currently has 102 licensed Quiznos restaurants operating in the region with an additional two units under development.

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