
RocoMamas is owned by Spur Corporation Limited (JSE: SUR), a publicly traded South African restaurant company headquartered in Cape Town. Spur Corporation acquired a 51% majority stake in March 2015. RocoMamas was founded in July 2013 by Brian Altriche in Johannesburg. The brand operates 117 restaurants across 14 countries as of December 2025 and accounts for approximately 9% of Spur Corporation's South African restaurant sales.
Parent Company
Acquired
2015
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| RocoMamas | Spur Corporation Limited | Subsidiary |
Brian Altriche founded RocoMamas in July 2013. Altriche was already a Spur Steak Ranches franchisee with three locations when he identified a gap in the South African market for a premium burger concept. He had lived in Los Angeles during the late 1980s and early 1990s, where he worked in brand development. That experience informed the RocoMamas concept: hand-made smash-style burgers, ribs, and chicken wings, prepared fresh on site.
The first RocoMamas opened in Randburg, Johannesburg. Altriche expanded to four more locations in Rivonia, Fourways, Randpark Ridge, and Melrose within 18 months. The brand's "Not Normal" positioning, rock-and-roll decor, and open-style kitchen differentiated it from both traditional fast food chains and formal sit-down restaurants.
Spur Corporation announced its intention to acquire a 51% stake in RocoMamas in January 2015. The transaction closed in March 2015. At the time, RocoMamas had four restaurants in the greater Johannesburg area with three more in the pipeline. The acquisition gave Spur Corporation exposure to the fast-casual burger segment, which was growing rapidly in South Africa.
Under Spur Corporation's ownership, RocoMamas expanded from 4 restaurants to 112 by June 2025 and 117 by December 2025. The brand expanded internationally into Namibia, Mauritius, Botswana, Eswatini, Ghana, India, Kenya, Zambia, Zimbabwe, and Australia. International restaurant sales grew 14.0% in the first half of fiscal year 2026, with RocoMamas representing approximately 25% of Spur Corporation's international restaurant sales.
RocoMamas' South African restaurant sales reached R979.2 million in fiscal year 2025 (ended June 2025), up 5.0% from R932.8 million in fiscal year 2024. In the first half of fiscal year 2026 (July to December 2025), South African sales were R545.8 million, up 4.9% year-over-year. The brand's growth rate has moderated compared to its early expansion years, reflecting a larger base and a challenging South African consumer environment.
Spur Corporation has emphasized its Virtual Kitchen (VK) brands as a growth channel. RocoFellas, a RocoMamas-derived VK brand, ranks among the top three performing virtual kitchen brands in the group. Off-premise sales represent 12% of total South African restaurant sales, with 49% of those being collect orders and the remainder delivered through third-party aggregators.
What does Spur Corporation own?
Spur Corporation owns 10 restaurant brands: Spur Steak Ranches, Panarottis Pizza Pasta, RocoMamas, John Dory's Fish Grill Sushi, The Hussar Grill, Casa Bella, Nikos Coalgrill Greek, Doppio Zero, Piza e Vino, and Modern Tailors. The group also operates seven virtual kitchen brands. All brands are franchise-based, with 753 outlets across 14 countries.
Is Spur Corporation publicly traded?
Yes, Spur Corporation Limited is publicly traded on the Johannesburg Stock Exchange under the ticker symbol SUR. The company has been listed since 1986.
Who founded Spur Corporation?
Allen Ambor founded Spur Corporation in 1967 when he opened the Golden Spur restaurant in Newlands, Cape Town. Ambor was 22 years old at the time. He led the company for 51 years until his retirement in March 2019.
Where is Spur Corporation headquartered?
Spur Corporation is headquartered in Cape Town, South Africa.
How many restaurants does Spur Corporation operate?
Spur Corporation operates 753 restaurants across 14 countries as of December 31, 2025. This includes 640 restaurants in South Africa and 113 internationally.
What is Spur Corporation's revenue?
For fiscal year 2025 (ended June 30, 2025), Spur Corporation reported group revenue of R3.86 billion, up 11.2% from FY2024. Profit before tax was R401.7 million. Franchised restaurant sales totaled R11.5 billion.
RocoMamas has not been subject to any major food safety recalls or regulatory actions as of August 2026. The brand faces ongoing operational challenges typical of the South African restaurant industry.
Load Shedding Impact: South Africa's persistent power outages create operational challenges for restaurants, including equipment downtime, food safety risks, and increased costs for backup power solutions. RocoMamas restaurants must invest in alternative power sources to maintain operations during outages.
Consumer Spending Pressure: South Africa's high unemployment rate and inflation have constrained discretionary spending on casual dining. RocoMamas' mid-range pricing positions it above value-focused fast food chains, making it vulnerable to consumer downtrading during economic downturns.
Franchise Quality Consistency: The franchise model enables rapid expansion but creates variability in restaurant quality and service standards. Individual franchisees have different operational capabilities, which can lead to inconsistent customer experiences across the network.
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| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Spur Corporation | South Africa | 2016 | Premium | Regional | All-ages | |
| Spur Corporation | South Africa | 1990 | Mainstream | South africa | All-ages | |
| Spur Corporation | South Africa | 1967 | Mass market | South africa | All Genders | |
| Darden Restaurants | USA | 1996 | Mass market | United states | All Genders |
Food Service RestaurantsOwned by Spur Corporation Limited
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Food Service RestaurantsOwned by Spur Corporation Limited
South African Italian casual dining restaurant chain founded by Spur Corporation in December 1990, specializing in pizza and pasta, and accounting for approximately 10% of Spur Corporation's South African restaurant sales.
Food Service RestaurantsOwned by Spur Corporation Limited
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Market Positioning: RocoMamas competes with 4 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Nando's is privately owned, unlike RocoMamas which is under a publicly traded parent company.
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