Tony Roma’s Expands South American Presence with New Development Agreement for Bolivia
Agreement brings three Tony Roma’s to Bolivia, with the first planned for Santa Cruz
ORLANDO, Fla. – May 5, 2017 – Romacorp, Inc., the parent company of Tony Roma’s, announces the signing of a new development agreement that will bring Tony Roma’s world-famous ribs to Bolivia for the first time. The agreement with Grupo RIB S.R.L. is for three Tony Roma’s restaurants, with the initial brand launch planned for Santa Cruz. This agreement strengthens Tony Roma’s presence in South America by adding to the already vast list of locations in the region, including Brazil, Chile, Ecuador, Peru and Venezuela.
“Having announced the addition of Nicaragua to the Tony Roma’s Central American roster earlier this year, we are thrilled to announce that South American fans in Bolivia will have the opportunity to enjoy our world-famous ribs for the first time in history,” said Stephen K. Judge, President and Chief Executive Officer of Romacorp, Inc. “Our fans are incredibly loyal, and we are confident that their strong passion for the brand – and for our signature food and beverages – will continue to strengthen as our expansion throughout South America continues.”
This announcement is the latest in a string of landmark growth announcements for Tony Roma’s as it celebrates its 45th birthday, an incredible milestone unmatched by any American casual dining restaurant chain. Romacorp recently announced renewed US growth with Tony Roma’s development and franchise agreements in Tennessee and West Palm Beach, Florida. Earlier this year, Romacorp also announced the signing of a development agreement that will bring Tony Roma’s world famous ribs to Nicaragua for the first time. Additional new domestic and international agreements are in the works and will be announced in the near future.
“It’s an honor to have the opportunity to bring Tony Roma’s world-famous ribs to Bolivia for the first time, and we are proud to be part of the incredible success the Tony Roma’s brand has seen,” said Diego Alcazar, Public Relations Manager for Grupo RIB S.R.L. “The Tony Roma’s franchise is one of the most recognizable brands in the world due to its dedication to great food and impeccable service, and we are confident that our team will represent the brand to the highest of standards.”
About Romacorp, Inc.
Romacorp, Inc., is the parent company of Tony Roma’s restaurants, the world’s largest casual dining concept specializing in ribs. Headquartered in Orlando, Florida, Romacorp, Inc. has more than 150 restaurant locations in more than 30 countries and is one of the most globally recognizable names in the industry. The first Tony Roma’s restaurant opened 45 years ago in North Miami, Florida. Tony Roma’s is also proud to partner with the Make-A-Wish Foundation (www.cnfl.wish.org), one of the world’s leading children’s charities, in an effort to help grant the wishes of children with life-threatening illnesses across Central and Northern Florida. For more information about Romacorp, Inc. and Tony Roma’s, visit www.tonyromas.com.
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