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  Business Summary:
This is a proven brand that was established in the 1980s in Cape Town. It's a family steak ranch and offers value for money. Saddles is part of King Consolidated Food Services - Kingco The holding company offers operational, financial and marketing systems and programmes to help maximise operating profits. Advice is given on site selection and extensive training is provided on food preparation and management.
  Business Information
Business description: Steak house restaurant franchise
Industry sector: Restaurant
Industry sub sector: Family dining
1st Franchised outlet opened: 1981
Current number of outlets: 4
 Contact Information
Contact name: Wynand Blom
Telephone: -
Fax: -
Postal address: Unit 323 Riverside Loft
  Tigerwater Front
  Cape Town
Postal code: -
Physical address: King co Park
  97 Milner Road
  Kensington B
Website address:
Click here to request additional details
  Franchise Detail
Approximate setup cost (excl. vat): R2 million
Initial franchise fee (excl. vat): R80 000
Minimum own contribution: R650 000
Management services fee: 5% of turnover
Marketing fee: 3% of turnover
Franchisee qualifications required? Owner run or managed by operator with a minimum of 30% equity

  Finance Options
Franchise FinanceAfter having been approved by Saddles 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: Janine Robinson
Cell: 072 995 8742