RocoMamas shines for Spur group
New stores on the cards for company’s star performer in places like India and Saudi Arabia as restaurant sales increase 31.5%
Spur Corporation seeks further expansion of its RocoMamas brand in the new financial year, with new outlets in the pipeline for international markets such as India and Saudi Arabia. Spur, owner of the Spur Steak Ranches, Panarottis Pizza Pasta and RocoMamas brands, said it intends to open at least 14 restaurants internationally and 29 in SA in the new financial year. In addition to the planned new outlets in India and Saudi Arabia, the franchise restaurant chain is also assessing potential sites in Cyprus for RocoMamas and Pakistan for the Spur Steak Ranches brand. RocoMamas, which is in the gourmet burger market, has been growing at a rapid clip. Spur opened 15 stores in SA in 2017. At 72 stores, RocoMamas is Spur’s third-largest brand after Spur Steak Ranches (321) and Panarottis Pizza Pasta (96). The expansion of the brand is consistent with Spur’s strategy to boost revenue by growing the footprint of existing brands by expanding into new territories and acquiring new businesses....
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