The treasurer of the Argentine Football Association (AFA) Pablo Tovigginoreplied to the Senator from La Libertad Avanza: Patricia Bullrich, And targeted tostadothe restaurant chain that Its president is the son of former security minister Francisco Langieri. who remained at the center of the scene due to his family ties and his role at the top of the company.
He did so after Bullrich reported him to the Ethics Court of the South American Football Confederation (Conmebol) over the alleged corruption case involving the association.
“What the World Champion Team generates is intended to support a structure of 1,300 permanent employees (without government subsidies) and maintain international-level facilities in which 24 men’s and women’s national teams train. 1,000 people frequent the Lionel Andrés Messi facility every day and 400 athletes are fed in the dining rooms. Why not focus on the corruption of your own government with a latte and toast?“ the AFA treasurer posted on his X account.
The crossing put the restaurant chain’s business and financial structure under scrutiny and raised questions related to bounced checks. When asked by this media, the company did not want to comment on this issue.
The origins of Tostado
Tostado was founded in 2015 by Fernando Goijmanafter an approximate investment of $180,000. Goijman already came from the catering industry; While studying advertising, he opened his own restaurant which he maintained for 10 years.
The entrepreneur added other projects at the same time. He founded a pastry shop with which he supplied the gastronomic channel and from which new contacts emerged. The partners of Tienda de Café invited him to participate in certain projects in some of their branches and then Goijman decided to move forward with the creation of Tostado.
According to the Central Bank of the Argentine Republic Francisco Langieri Bullrich -Son of Senator- is currently listed as a director and president of Tostado Franchises SAa position he took up in March last year.
At the same time, in Tostado Buenos Aires SRL, Langieri Bullrich is the majority shareholder and he was manager until 2022, when he resigned from that position and was replaced by Fernando Goijman, although he continues to retain a significant stake in the company.
At the moment, Tostado Franquicias SA lists debts of $28 million, while Tostado Buenos Aires SRL has a total of nearly $390 million. Although neither company records rejected checks, Langieri Bullrich does so for a minimum amount of more than 1 million pesos.
Two years after its founding, Tostado began franchising the company, a model with which the company today drives its expansion and which has brought it exponential growth. So much so that the company set foot abroad for the first time in 2019 with a location in Brazil. Today the company has more than 60 branches in Argentina and eight abroad. (Brazil, Uruguay, the United States and Spain).
Starting a Tostado franchise costs $250,000 with an entrance fee of approx $20,000and an average billing of $80,000 monthly per location.
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