Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DALLAS-Cairo, Egypt-based Sewedy Foods will open fivegourmet Mexican restaurants under the Cantina Laredobrand in Egypt over the next five years. The company,which is a division of El Sewedy Industries, signed an international franchise agreement with the chain’s operator, Dallas-based Consolidated Restaurant Operations Inc.

The agreement marks Consolidated Restaurant’s forayinto international franchising. Sewedy Foods, which is franchisee of Sbarro Inc. and also owns Wessaya, a local quick-service sandwich restaurant, plans to open the first Catina Laredo in suburban Cairo before the end of the year. Additionally, the company will open two more units in Cairo, one in Alexandria and one on the Red Sea.

Other American chain’s such as Kentucky Fried Chicken,TGI Friday’s and Chili’s have a presence in Eqypt. Thecountry, with a population of 68 million, isexperiencing increased demand for casual dining from agrowing middle-class called Infitah. To that end, thecountry is an ideal market for Cantina Laredo,according to Adam Mandel, director of franchising for Consolidated Restaurant. He says that Sewedy Foods’ goal is to become the biggest casual dining operator in the Middle East.

The first Cantina Laredo opened in 1984 in Dallas, and currently, there are eight corporate-owned Cantina Laredo restaurants including seven in Texas and one in Scottsdale, AZ, as well as two franchised locations in Florida. The next franchised location will open in the new international terminal of Dallas/Fort Worth International Airport later this month.

Consolidated Restaurant plans to open eight to 10 new company-owned Cantina Laredo locations within the next 18 months. The chain will expand in Texas, Arizona and Florida and will enter Colorado, Georgia and Oklahoma.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.