Tip-Top Restaurant
Encyclopedia
Tip-Top is a national chain of restaurants in Nicaragua
Nicaragua
Nicaragua is the largest country in the Central American American isthmus, bordered by Honduras to the north and Costa Rica to the south. The country is situated between 11 and 14 degrees north of the Equator in the Northern Hemisphere, which places it entirely within the tropics. The Pacific Ocean...

, predominantly selling chicken. It is headquartered in the country's capital city of Managua
Managua
Managua is the capital city of Nicaragua as well as the department and municipality by the same name. It is the largest city in Nicaragua in terms of population and geographic size. Located on the southwestern shore of Lake Xolotlán or Lake Managua, the city was declared the national capital in...

 and is a franchise
Franchising
Franchising is the practice of using another firm's successful business model. The word 'franchise' is of anglo-French derivation - from franc- meaning free, and is used both as a noun and as a verb....

 of Tip Top Industry.

History

Claudio Rosales and Lina Lacayo de Rosales started the business, in Nicaragua, in 1959 with the sale of processed crude chicken, a market of which dominated 70% a long time. The first restaurant was opened in 1958 in the center of old Managua

Expansion

Pollo Tip Top began its expansion in 2004 due to the creation of its tax exemption
Tax exemption
Various tax systems grant a tax exemption to certain organizations, persons, income, property or other items taxable under the system. Tax exemption may also refer to a personal allowance or specific monetary exemption which may be claimed by an individual to reduce taxable income under some...

. The firsts were bought in the cities of Estelí
Estelí
Estelí, officially Villa de San Antonio de Pavia de Estelí is a city and municipality within the Estelí department. It is the third largest city in Nicaragua, an active commercial center in the north and is known as "the Diamond of the Segovias."...

 and Chinandega
Chinandega
Chinandega is a town and the departmental seat of Chinandega department in Nicaragua. It is also the administrative centre of the surrounding municipality of the same name. The city has a population of 121,793 inhabitants with 151,000 in the municipality...

, in Nicaragua
Nicaragua
Nicaragua is the largest country in the Central American American isthmus, bordered by Honduras to the north and Costa Rica to the south. The country is situated between 11 and 14 degrees north of the Equator in the Northern Hemisphere, which places it entirely within the tropics. The Pacific Ocean...

, but their goal for 2005 was to arrive at Honduras
Honduras
Honduras is a republic in Central America. It was previously known as Spanish Honduras to differentiate it from British Honduras, which became the modern-day state of Belize...

, Panama
Panama
Panama , officially the Republic of Panama , is the southernmost country of Central America. Situated on the isthmus connecting North and South America, it is bordered by Costa Rica to the northwest, Colombia to the southeast, the Caribbean Sea to the north and the Pacific Ocean to the south. The...

, Costa Rica
Costa Rica
Costa Rica , officially the Republic of Costa Rica is a multilingual, multiethnic and multicultural country in Central America, bordered by Nicaragua to the north, Panama to the southeast, the Pacific Ocean to the west and the Caribbean Sea to the east....

, and El Salvador
El Salvador
El Salvador or simply Salvador is the smallest and the most densely populated country in Central America. The country's capital city and largest city is San Salvador; Santa Ana and San Miguel are also important cultural and commercial centers in the country and in all of Central America...

.

Locations

  • Nicaragua
    Nicaragua
    Nicaragua is the largest country in the Central American American isthmus, bordered by Honduras to the north and Costa Rica to the south. The country is situated between 11 and 14 degrees north of the Equator in the Northern Hemisphere, which places it entirely within the tropics. The Pacific Ocean...



External links

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