Spur Corporation leads by example in supporting franchisees
March 31, 2020
Following our Presidents call to isolate and close all non-essential business, Spur Corp closed over 600 restaurants on 25 March 2020 in support of this national call. Spur Corporation, has now put extraordinary measures in place to support its franchisees as the world faces the COVID- 19 pandemic.
Group Chief Operations Officer, Mark Farrelly, said “We have tried to set a national example by providing our franchisees with significant financial relief because our people are our primary concern. When the President initially announced the corona virus as a national disaster on 15th March, we understood the impact this would have on our 600 plus franchisees and as EXCO we immediately zero rated franchisee and marketing fees for the second half of March and the entire month of April.”
The Spur Corporation is entirely supportive of the national drive to flatten the curve of the national pandemic and lockdown. Although tragic in many circumstances, the sentiment is also strongly supported by our franchisee body.
We have also encouraged our franchisees to look after their staff by making use of available disaster relief resources at their disposal. We also know that the franchisees are in negotiations with their landlords on the challenges of meeting rental obligations.
“This is a humanitarian disaster that necessitates that we all walk this journey together in order to survive”, Farrelly added.
We call for our fellow South Africans to support each other and adhere to the national restrictions, and above all, to follow strict hygiene protocols, so we, one and all, can emerge #strongertogether.
We thank you for your loyalty to our home grown South African brands and we cannot wait to see you all again in happier times.