Chile debut forms part of The Coffee’s plans to accelerate international expansion, with a recent investment round expected to fuel outlet growth in Europe and the Middle East
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The Coffee’s La Dehesa store in Santiago, Chile | Photo credit: The Coffee
Brazil’s The Coffee has opened its first store in Chile in the Santiago suburb of La Dehesa.
Chile adds to the specialty coffee chain’s South American footprint, where it operates 200 stores in its native Brazil alongside single sites in Colombia and Peru.
Curitiba-based The Coffee also operates 14 stores across Portugal, Spain and France.
Founded in 2018, The Coffee completed a $7.5m investment round in January 2023, and raised a further $10m in October 2023 to scale in South America, enter new markets in Europe and open stores in the UAE.
Alongside planned outlet growth in France and Peru in the coming months, The Coffee is also expected to launch in Mexico with a store in Zapopan before the end of the year.
Approximately 85% of The Coffee’s revenues are currently generated from the Brazilian market, where it plans to reach 320 stores by the end of 2024. However, the business forecasts stronger international outlet growth moving forward, with expansion across Europe expected to lift international sales above domestic revenue within the next five years.