Spur Steak Ranches

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Spur Corporation
Type Public (JSE: SUR)
Franchise
Industry Restaurants
Genre Casual dining
Founded 1967
Founders Allen Ambor
Headquarters Century City, Cape Town, South Africa
Number of locations 429 (South Africa)
50 (international)
Key people Allen Ambor
(Executive Chairman)
Pierre van Tonder
(Managing Director)
Products North American cuisine
Revenue Increase R653 Million(FY 2013)
Operating income Increase R189.18 Million(FY 2013)[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 beef burgers, 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.[2]


History and growth[edit]

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 uses 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,[3] when he opened the Golden Spur in Newlands, Cape Town.[4]

Since then, Spur has grown into an international restaurant chain with 240 South African and 29 international outlets in 2009, including restaurants in Australia,[5][4] Botswana, Ireland,[4] Kenya, Mauritius, Mozambique, Namibia, Swaziland, Tanzania, Uganda, the United Arab Emirates, the United Kingdom,[4] and Zimbabwe. The chain also operates a restaurant at the Cape Town Airport.[6]

By 2013 Spur Corporation had a total of 479 outlets globally with 429 in South Africa, 9 in Mauritius, 7 in Namibia, 7 in the United Kingdom, 7 in Australia, 6 in Botswana, 3 in Zimbabwe, 2 in Kenya, and 6 outlets across Africa and the United Arab Emirates.[1]

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[edit]

The company also owns the Panarotti’s pizza and pasta restaurant chain. This chain was started in 1989[4] and has 49 South African and 6 international outlets.[7] In addition, the Spur Group purchased a 60% shareholding in John Dory’s Fish and Grill in 2004.[4] John Dory's is a KwaZulu-Natal Province-based franchise with 22 outlets.[8]

Panarottis Pizza Pasta is a subsidiary of the Spur Corporation that specalises in serving pizza and pasta dishes in a family environment


See also[edit]

References[edit]

External links[edit]