Brazil Fast Food , a 580-outlet fast-food chain (Bob's) and the second largest hamburger fast-food chain operator in Brazil, announced financial results for its fourth quarter and year ended Dec. 31, 2007.
Leveraging their branding and operational expertise in Brazil's fast food market, they were able to reach a mutual agreement through their then newly formed holding company, BFFC do Brasil Participações Ltda. (formerly 22N Participações Ltda.) – to franchise, operate and expand the KFC brand in Brazil. In April of 2007, they added four KFC stores to their fold of own-operated restaurants. They anticipate that KFC will provide an increasingly significant stream of additional revenue as they further enhance its brand power and presence in Brazil