(Bloomberg) -- Brazilian restaurant operator Zamp SA is looking to expand Starbucks’ presence in the country to 1,000 locations — a nearly ten-fold increase from today.

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Zamp, which is backed by Mubadala Capital, seeks an aggressive expansion starting in about two years, according to a person familiar with the matter who asked not to be named discussing private information. The timeline isn’t exact and Zamp sees it as a mid-term target, the person said. The strategy would focus on big cities and their airports, including Rio de Janeiro and Sao Paulo, where robust demand is anticipated, and Zamp is looking at different store sizes.

A Starbucks Corp. spokesperson said the company is awaiting the outcome of judicial proceedings in Brazil after the previous operator filed for bankruptcy, adding that the coffee chain remains in discussions with Zamp to operate the market.

Zamp, which operates Popeyes and Burger King restaurants in Brazil, agreed to purchase the Starbucks rights from SouthRock Capital for 120 million reais ($22 million) in June after SouthRock lost its license with Starbucks amid bankruptcy proceedings. SouthRock closed almost a third of its Starbucks locations, arguing its operations were hobbled by high inflation and interest rates coming out of the pandemic. Brazil antitrust regulator approved the deal in July.

Zamp declined to comment. The stock rose less than 1% in Sao Paulo trading on Wednesday. The shares have declined about 44% so far this year.

Zamp’s plans would build out a Starbucks presence in Brazil that is still relatively small. Starbucks Corp., which works with third-party operators in Latin America, Europe and some other regions, reported having 128 licensed Brazil stores in its most recent quarter, compared with 850 in Mexico, 609 in Indonesia and 1,937 in South Korea.

Mubadala, which is a unit of Abu Dhabi’s sovereign wealth fund, took control of Zamp in February. Since then, Zamp has moved to acquire popular international food franchises in Latin America’s largest economy. Earlier this week, it agreed to operate the Subway brand in Brazil. It’s looking for more fast-food opportunities in the region, according to the person.

See also: Mubadala Said to Eye Outback Steakhouse for Brazil Expansion