Spur chain on a roll as RocoMamas delivers star performance
Burger chain reports a 12.9% jump in franchise revenue in the year as diners opt for deliveries and takeaways
RocoMamas burger chain continued to be a standout performer in Spur’s 2021 financial year, with sales rising more than 10% even as the restaurant industry battled to cope with lockdowns, curfews and intermittent bans on alcohol sales.
RocoMamas franchise revenue, paid by restaurants to Spur, increased 12.9% to R29.47m in the 12 months ended June as its delivery and takeaway options proved popular with consumers. This is in stark contrast to Spur’s overall SA franchise revenue, which fell 6.7% to R230.5m as the group offered reduced franchising and marketing fees until March to support struggling outlets...