Spur Corporation

Spur Corporation
Spur Corporation
Company typePublic (JSE: SUR)
Industryrestaurant
Founded24 October 1967 (1967-10-24)
FounderAllen Ambor
HeadquartersCentury City, Cape Town, South Africa
Key people
Mike Bosman
(Non-Executive Chairman)
Val Nichas
(CEO)
Cristina Teixeira
(CFO)
Kevin Robertson
(COO)
Productsrestaurant franchises
RevenueIncrease R3 045.2 million, up 27.4% (2022: R2 391.1 million)
(FY 2023)[1]
Increase R292.5 million, up 40.0% (2022: R208.9 million)
(FY 2023)[2]
Increase R318.4 million, up 51.9% (2022: R209.7 million)
(FY 2023)[2]
Subsidiaries
  • Spur Steak Ranches
  • Panarottis
  • RocoMamas
  • John Dory's
  • The Hussar Grill
  • Casa Bella
  • Nikos Coalgrill Greek
  • Doppio Zero
  • Piza é Vino and Modern Tailors
Websitewww.spurcorporation.com

Spur Corporation Limited is a South African restaurant company. It operates a number of franchise chains, among them Casa Bella, Panarotti's‚ RocoMamas and Spur Steak Ranches.[3] The company was founded by Allen Ambor in 1967,[4] when he opened the Golden Spur in Newlands, Cape Town.[5] It is listed on the Johannesburg Stock Exchange as SUR.

Brands

The current Spur Steak Ranches logo.
Panarotti's Pizza Pasta in Baywest Mall, Gqeberha, South Africa

Spur Steak Ranches accounts for approximately 50% of the revenue of the company.[3] It sells food to takeaway and delivery services in some locations.[6]

Panarotti’s Pizza Pasta in Century City shopping mall, Cape Town, South Africa.

The Panarotti's pizza and pasta restaurant chain was started in 1989[5] and had 84 outlets as of 2018.[7]

John Dory's Fish & Grill in Century City shopping mall, Cape Town, South Africa.

In 2004 the group bought a 60% shareholding in John Dory’s Fish and Grill,[5] a KwaZulu-Natal-based franchise with 54 outlets.

References

  1. ^ "Final Results 2023" (PDF). Spur Corporation. 2023. Retrieved 30 June 2023.
  2. ^ a b "Final Results 2023" (PDF). Spur Corporation. 2023. Retrieved 30 June 2023.
  3. ^ a b "Spur struggling as hangover for racist social media storm continues to bite". www.timeslive.co.za. Retrieved 2 March 2019.
  4. ^ About Spur: History
  5. ^ a b c New Tourism Ventures: An Entrepreneurial and Managerial Approach. p. 77.
  6. ^ "From Small Beginnings To Big Brands - A taste for life - Spur - Wattpad". www.wattpad.com. Retrieved 7 December 2020.
  7. ^ "Top 20 fast food franchises that make the most money in South Africa". businesstech.co.za. Retrieved 2 March 2019.
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