The revenues of franchises installed in Brazil should grow 18.3% in the fourth quarter of this year, according to forecasts by the Brazilian Franchising Association (ABF). The number of shops operating under franchise systems should rise 3.6% between October and December as against the same period last year, according to the study.
The research is based on franchise chains expectations measured through the Administration Institute Foundation (FIA) Retail Administration Program in partnership with goods and service market consultants Canal Varejo.
Between January and September this year, there has been growth of 3.1% in the number of franchise shops in operation in Brazil. In the food sector, for example, the volume of units rose 2.3% in the first nine months of the year. The sector expectations for the last quarter of the year are for growth of 3.3% in number of shops.
Franchise companies in the food area also expect a 19.1% increase in revenues between October and December this year as against the same months in 2006.
FranchiseBrief.com on December 14th, 2007 at 2:50 pm
It would be interested to know how many franchise systems are in Brazil and how many American systems are there.