The Bailando hitmaker and his fellow Spaniards are investors in a string of eateries called Tatel, which will serve up food from their native country, according to newspaper Diario de Ibiza.
A statement released by the group of investors of the restaurant chain reads: "The food of our country is very famous... There are many Spanish restaurants but none have tried to become the reference at a national or even international level."
The first Tatel, which will have decor inspired by the 1920s, is set to open in Madrid in March (15).
Plans are already in motion to open additional branches in Ibiza, Barcelona, London and Las Vegas.