Tag: Franchise
Steers and Debonairs owner is betting big on a new plant-based restaurant chain in...
Restaurant Group Famous Brands has announced the acquisition of a majority stake in Lexi’s Healthy Eatery.
Lexi’s is a casual dining restaurant brand, offering a full-service, sit-down, plant-based dining experience across breakfast,...
The Spur exodus
SPUR Corporation – the owner of the iconic and perennially profitable Spur steak ranch franchise – is flipping executives faster than hamburger patties.
At the time of writing Cape Town- headquartered Spur had seen...
GPI’s royal deal
CAPE TOWN-based empowerment company Grand Parade Investments (GPI) has served up its 95.36% stake in fast food franchise brand Burger King to a growth hungry private equity investor.
Emerging Capital Partners (ECP)...
Here’s how much money the average Burger King makes in South Africa
Burger King has continued to make a loss in South Africa, with other international imports like Dunkin Donuts and Baskin Robbins not faring much better.
This is according to the...
How much it costs to open a top franchise in South Africa – and...
The Franchise Association of South Africa (FASA) has released its latest franchise survey for 2018.
Despite a challenging year, the survey found that the franchising sector continues to show growth...
Pick n Pay opens new Harbour Bay Simon’s Town franchise
The partnership between Pick n Pay franchise co-owners Gary Williams and Julian Hobson 10 years ago at their store in Fish Hoek, Cape Town, has culminated in job creation of 90...
Cape fortunes fall
The Western Cape’s investment tycoons have seen billions of Rands in value wiped away by treacherous economic and political developments at home and abroad. Investors, of late, have endured tough times...
Cipla acquires South Africa-based firm for R26m
Pharma major Cipla today said its arm Medpro South Africa (Pty) Limited has signed an agreement to acquire 100 per cent stake in Anmarate (Pty) Limited, South Africa, for around R26m.
Anmarate (Pty) Limited has...
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