Spanish conglomerate Restalia Holding has launched Madrid-based Panther Organic Coffee in Portugal, a key growth market for the hospitality group
The total Portuguese branded coffee shop market is projected to exceed 425 stores by 2027 | Photo credit: Panther Organic Coffee
Panther Organic Coffee, which operates four outlets in Madrid, has opened its first international store in Portugal.
Madrid-based business conglomerate Restalia Holding has opened the café at Lisbon’s Atrium Saldanha business centre. The launch is the first ‘bi-concept’ location trialled by Restalia, with Panther Organic Coffee sharing the site with its parent company’s The Good Burger restaurant.
Panther Organic Coffee is the fourth portfolio brand Restalia has expanded into Portugal from Spain, following The Good Burger, hospitality brand 100 Montaditos and fast-food chain Pepe Taco.
“We are especially excited to be able to open this location in Portugal because it represents a double milestone for the company, such as the arrival of the first bi-concept and our fourth brand Panther Organic Coffee and in a privileged, first-class location. This new opening confirms our neighbouring country as our main market outside our borders and additionally highlights the confidence that our franchisees have in the house by continuing to bet on new openings”, said Enrique Lasso, International Director, Restalia.
Restalia views Portugal as a key growth market and plans to expand its Spanish hospitality brand Cervecería La Sureña to the country by the end of 2022. Across its five brands, Restalia expects to exceed 50 stores before the end of the year.
World Coffee Portal research estimates the total Portuguese branded coffee shop at 380 outlets, led by US chain McCafé with 88 sites. The market is projected to reach 425 stores by 2027.