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 Detail for: AYOBAYO
  Business Summary:
This concept was designed to cater for the demand for African ethnic foods in an upmarket environment, consisting of a combination of take-away and sit down meals. Ayobayo has been created and designed by a team with vast restaurant experience, namely, the Dulce Cafe group.
  Business Information
Business description: A new African ethnic food restaurant concept
Industry sector: Quick Service Restaurants
Industry sub sector: Traditional cuisine
1st Franchised outlet opened: 2008
Current number of outlets: 4
 Contact Information
Contact name: Martin Fuller
Telephone: +27 41 396 1200
Fax: None
Postal address: PO Box 7165
  Newton Park
  Port Elizabeth
Postal code: 6055
Physical address: 101 Cape Road
  Milpark
  Port Elizabeth
  6059
Website address: www.ayobayo.co.za
Click here to request additional details
  Franchise Detail
Approximate setup cost (excl. vat): R700 000 to R1,2 million
Initial franchise fee (excl. vat): R75 000
Minimum own contribution: 40%
Management services fee: 5% of turnover
Marketing fee: 3% of turnover
Franchisee qualifications required? None

  Finance Options
Franchise FinanceAfter having been approved by Ayobayo, application for finance can be made through contacting the Portfolio Manager at Franchise Finance. We will gladly explain the funding criteria and facilitate the application with any of our funding partners.
Portfolio manager: Janine Robinson
Cell: 072 995 8742
Email: janine@safw.co.za