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 Detail for: SPUR STEAK RANCHES
  FASA Member Business Summary:
Spur was established over 40 years ago and is recognised both locally and internationally. It is a distinctly family-orientated brand.
  Business Information
Business description: Food related
Industry sector: Restaurant
Industry sub sector: Family dining
1st Franchised outlet opened: 1967
Current number of outlets: 271
 Contact Information
Contact name: Duncan Werner
Telephone: +27 21 555 5100
Fax: +27 21 555 5111
Postal address: PO Box 166
  Century City
  Cape Town
Postal code: 7446
Physical address: Century Gate Business Park
  Edison Way
  Century City
  Milnerton
Website address: www.spur.co.za
Click here to request additional details
  Franchise Detail
Approximate setup cost (excl. vat): R3 million to R6 million
Initial franchise fee (excl. vat): None
Minimum own contribution: 40%
Management services fee: 5% of turnover
Marketing fee: 4% of turnover
Franchisee qualifications required? A passionate hands-on operator, not afraid of working long hours and prepared to uphold the values of the brand. Totally service orientated and people friendly and prepared to go that extra mile for their customers. Prepared to learn and listen and add value. Be proactive and not reactive. Non discriminatory and understand the importance of National Operating Standards, Understands that increasd involvement at store level equals increased profits. Has an amount of 40% - 50% of development costs in unencumbered funds.

  Finance Options
Franchise FinanceAfter having been approved by Spur Steak Ranches, 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: Almine
Cell: 072 995 8742
Email: almine@safw.co.za