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 add an upmarket grill room and authentic Italian, woodfired pizza pasta chain to the group’s brand portfolio respectively. The group’s presence is predominantly in South Africa, but extends to Australasia, Mauritius, the Middle East, and a growing multitude of 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.

The total workforce in South Africa increased to 490 at 30 June 2016 (2015: 389). This was due, primarily, to the inclusion of two new company-owned outlets during the year (The Hussar Grill Morningside and RocoMamas Green Point), with additional employees appointed in the group’s IT and marketing departments. Corporate employee rotation – a measure of employee turnover – decreased to 6%, as a result of a more stable workforce at the group’s sauce manufacturing facility, following the appointment of a new management team in the prior year.