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....

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.