Despite the restaurant industry being one of the hardest-hit industries due to Covid-19, the sector has been resilient even though there is still uncertainty.
Still, strong brands like Spur Corporation waded through rocky covid-19 rough waters and have continued growth not only in South Africa, but Australasia, Mauritius, the Middle East, and a growing multitude of countries in Africa (including Botswana, Ethiopia, Kenya, Lesotho, Malawi, Namibia, Swaziland, Tanzania, Uganda, Zambia, and Zimbabwe). What is the secret to running successful franchises?
Join Senior GIBS Lecturer Abdullah Verachia in conversation with Spur Corporation Founder, Allen Ambor on a rock ’n’ roll ride through the restaurant business and pioneering days of franchising in South Africa. Ambor will take the audience through his journey from opening the first Spur in 1967 and growing it into an empire that included more than 500 franchises under the Spur, Panarottis, John Dory’s, and RocoMamas brands.
About the speaker:
Allen Ambor founded Spur Steak Ranches in 1967 when he invested R4 000 to open the Golden Spur in Newlands, Cape Town. After opening the second restaurant in Sea Point, he decided that franchising was the best option to grow the business, which was listed on the JSE in 1986.
Date: Monday, 25 July 2022
Time: 14:30 PM - 15:35 PM