75 shops
The Spur Corporation owns 70% of RocoMamas, a fast-casual burger establishment. The brand debuted in 2015 and now has 75 outlets in South Africa, as well as 14 in 10 other countries.
Who is the owner of RocoMamas South Africa?
Spur Corporation, Brian Altriche’s JSE-listed company, has bought a 51% share in the burger startup.
Where was RocoMamas founded?
Randburg
Brian Altriche is the owner of RocoMamas, one of South Africa’s most popular burger, wings, and ribs joints. The entrepreneur joined the Spur Corporation by launching three Spur franchisees of his own. This was followed in 2013 by the opening of his first RocoMamas restaurant in Randburg.
Is RocoMamas exclusively available in South Africa?
Brian Altriche pioneered the RocoMamas idea, which has expanded to 70 restaurants across the country and 11 foreign locations in Africa, Mauritius, India, Australia, and the Middle East.
What is the cost of a RocoMamas franchise in South Africa?
Around R4.6 million
A new RocoMamas branch in South Africa would cost around R4.6 million, which is somewhat less than the expected expenditures last year. Franchisees must have at least 60% of this accessible, and a further R2,2 million adequate guarantee to borrow the remaining.
