Spur Steak Ranches

Spur Corporation
Public (JSE: SUR)
Franchise
Industry Restaurants
Genre Casual dining
Founded 1967
Founder Allen Ambor
Headquarters Century City, Cape Town, South Africa
Number of locations
 309 (South Africa)
52 (international)
Key people
 Allen Ambor
(Executive Chairman)
Pierre van Tonder
(CEO)
Products North American cuisine
Revenue Increase R1.256 Billion(FY 2015)
Increase R430.18 Million(FY 2015)[1]
Profit Increase R132.28 Million(FY 2013)[1]
Subsidiaries Panarotti’s Pizza Pasta
John Dory's Fish & Grill
Captain DoRegos
Website www.spur.co.za

Spur Corporation (doing business as Spur Steak Ranches) (JSE: SUR) is a steakhouse franchise restaurant chain originating from South Africa. Its menu mainly features beefburgers, steaks and ribs, but also includes salads, chicken, seafood and vegetarian options. The restaurants also sell a range of sauces and other condiments under its own brand. The head office of Spur Corporation is in Century City, Cape Town.

History and growth

Spur bands
John Dory's Fish & Grill in Century City shopping mall, Cape Town, South Africa.
Panarotti’s Pizza Pasta in Century City shopping mall, Cape Town, South Africa.

Despite its South African origin, Spur makes use of Native American themes extensively, both in its marketing and decor. The restaurant brands itself as "the official restaurant of the South African family"; as such, most Spur restaurants include a children's play area.

The company was founded by Allen Ambor (who is still the company's executive chairman) in 1967, when he opened the Golden Spur in Newlands, Cape Town.[2]

Since then, Spur has grown into an international restaurant chain with 240 South African and 29 international outlets in 2009, including restaurants in Australia,[2] Botswana, Ireland,[2] Kenya, Mauritius, Mozambique, Namibia, Swaziland, Tanzania, Uganda, the United Arab Emirates and Zimbabwe.[3]

By 2015 Spur Corporation had a total of 309 outlets globally, with 257 in South Africa and 52 internationally located.

In the 2008/09 financial year, the company had a turnover of ZAR 326.77 million. By the 2012/13 financial year the company had a turnover of ZAR 653 million.

Brand Number of outlets in 2013[1]
Spur Steak Ranches 267
Panarottis Pizza Pasta 61
John Dory's Fish & Grill 29
Captain DoRegos 72

Panarottis Pizza Pasta

The company also owns the Panarotti’s pizza and pasta restaurant chain. This chain was started in 1990[2] and has 49 South African and 6 international outlets. In addition, the Spur Group purchased a 60% shareholding in John Dory’s Fish and Grill in 2004.[2] John Dory's is a KwaZulu-Natal-based franchise with 22 outlets.

See also

References

  1. 1 2 3 "Spur Annual Report 2013" (PDF). Spur Corporation. Retrieved 15 April 2014.
  2. 1 2 3 4 5 New Tourism Ventures: An Entrepreneurial and Managerial Approach. p. 77.
  3. ↑ Around the World in 80 Dinners: The Ultimate Culinary Adventure - Cheryl Jamison, Bill Jamison. p. 183.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.