Investment Overview

The company was founded by Allen Ambor in 1967 and is headquartered in Cape Town, South Africa.

Spur Corporation Ltd is a growing multi-brand restaurant franchisor, founded by Allen Ambor in 1967 and headquartered in Cape Town, South Africa. It offers investors exposure to four of South Africa’s largest and well-established sit-down restaurant chains – Spur Steak Ranches, Panarottis Pizza Pasta, RocoMamas and John Dory’s Fish, Grill & Sushi – covering the most popular food formats and servicing the fast-growing middle class in South Africa. Captain DoRegos extends the group’s franchise interests in the lower LSM (living standard measure) sector and fast-food market while The Hussar Grill and Casa Bella adds an upmarket steakhouse and woodfired pizza pasta chain to the group’s brand portfolio. The group’s presence is predominantly in South Africa, but extends to Australia, Mauritius, the United Kingdom, Ireland and certain countries in Africa (including Namibia, Botswana, Lesotho, Swaziland, Zimbabwe, Zambia, Malawi, Tanzania, Kenya, Uganda and Nigeria).

The group’s sauce factory manufactures the brands’ unique sauces, which are sold to franchisees. The group’s procurement department manages the relationship between the outsourced logistics service provider, suppliers and franchisees and the group’s marketing department provides marketing and promotional services to franchisees.

At 30 June 2014, the group employed 368 people locally with a further 362 in franchise and retail operations in the UK, Ireland and Australia.

The group has demonstrated consistently strong organic revenue and operating profit growth, efficient capital management and a stable, generous dividend policy.

Although the company has a broad base of shareholders, in excess of 70% of shares are held by institutional shareholders.