On October 31, 1986, a family initiative plus capital from Colinvestra, a savings and loan entity gave birth to Pan Pa'Ya. The group of investors wanted to develop a product oriented enterprise for the Colombian economy. Four years later, in 1990, alliances were made and the idea of growing through the sale of franchises was seriously studied, then put into practice in 1996. Pan Pa'Ya now has 22 stores, 11 of which are franchise operations while 11 are wholly owned by the company. The company also has four in house operations in Almacenes Éxito, two in Bogota and two in Cali, three lease operations in Almacenes Alkosto and four in Colsubsidio as well as more than 100 wholesale customers. The company has three production plants for bakery goods, refrigerated products, and frozen foods.