Spur Corporation
Steakhouse franchise restaurant chain based in South Africa
From Wikipedia, the free encyclopedia
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.
| |
| Spur Corporation | |
Company type | Public (JSE: SUR) |
| Industry | restaurant |
| Founded | 24 October 1967 |
| Founder | Allen Ambor |
| Headquarters | Century City, Cape Town, South Africa |
Key people | Mike Bosman (Non-Executive Chairman) Val Nichas (CEO) Cristina Teixeira (CFO) Kevin Robertson (COO) |
| Products | restaurant franchises |
| Revenue |  R3 045.2 million, up 27.4% (2022: R2 391.1 million)(FY 2023)[1] |
| R292.5 million, up 40.0% (2022: R208.9 million) (FY 2023)[2] | |
| R318.4 million, up 51.9% (2022: R209.7 million) (FY 2023)[2] | |
| Subsidiaries |
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| Website | https://spurcorporation.com |
Brands
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]
The Panarotti's pizza and pasta restaurant chain was started in 1989[5] and had 84 outlets as of 2018.[7]
In 2004 the group bought a 60% shareholding in John Dory’s Fish and Grill,[5] a KwaZulu-Natal-based franchise with 54 outlets.
