Doc Popcorn announced plans to open 100 stores in Chile and Peru for the next 15 years.
Following a master franchise agreement with Patricio Haristov and his wife, Alice Keh, the expansion will start in the couple's hometown in Santiago, Chile. Originally from the U.S., Keh will manage the day-to-day operations of the business in Chile and Peru, while Haristov will overlook the legal aspects and strategies of the business.
Keh said that they know Doc Popcorn will do well in the two countries because of the company is strong and innovative.
"What makes Doc Popcorn so special is that it is a fun, playful brand that addresses consumer demand for higher quality, healthier-yet affordable-options in the snack category; and, the business is simple to run," said Keh.
Doc Popcorn co-founder, Rob Israel, said, "We're excited to continue partnering with strong master franchise partners like Alice and Patricio to penetrate untapped international markets."
Israel said they are proud to expanding to Chile and Peru. With more than 90 locations in Japan, Puerto Rico, Mexico, and the United States, this effort will help Doc Popcorn enter the markets in South America.
The company revolutionizes gourmet snack by using 100% corn oil with high-quality ingredients and natural flavor blends to create the popcorn. Their products are whole grain, wheat-free, gluten-free and nut-free. Hoppin' Jalapeño and Cheesy Cheddar are some of the specialty flavors they offer. They also have the likes of Caramel Bliss and Sweet Butter of handcrafted popcorn. They also offer sugar-free and dairy-free popcorn.
Doc Popcorn began franchising in 2009 and has become of the largest franchised popcorn retailer in the world, expanding in four countries and opening in two more. The company ranked 59th in the 2013 Inc 500.
Entrepreneurs who are interested in franchising Doc Popcorn can find more information in www.docpopcorn.com.