Spur Corporation Limited

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.

Allen Ambor founded Spur Steak Ranches on October 24, 1967, when he opened the Golden Spur in Newlands, Cape Town. Ambor, then 22 years old, had worked as a waiter at a steakhouse in Johannesburg while studying at Wits University. He borrowed money from his father and a business partner to fund the venture. The original restaurant featured a cowboy theme, with a golden spur as the logo. Ambor later changed the logo to the current Native American insignia in the mid-1980s.

The first restaurant was an immediate success. Ambor sold his first franchise four years after opening, establishing the franchise model that would drive Spur's growth. By the late 1980s, Ambor had added Panarottis Pizza Pasta and John Dory's Fish Grill Sushi to the portfolio.

Spur Corporation listed on the Johannesburg Stock Exchange in 1986. Ambor served as executive chairman from the listing until his retirement in March 2019, after 51 years at the company. Mike Bosman succeeded him as non-executive chairman. Pierre van Tonder, who started as a junior store manager in 1982, took over as CEO before being succeeded by Val Nichas.

In the 2000s and 2010s, Spur expanded internationally, opening restaurants in Botswana, Kenya, Mauritius, Namibia, Nigeria, Zambia, Zimbabwe, and other African countries. The group also expanded into Australia. In 2014, Spur acquired RocoMamas, a fast-casual burger brand, diversifying beyond traditional sit-down dining.

In 2023, Spur Corporation acquired the Doppio Collection, which included franchised and company-owned restaurants, a bakery, and a central supply business. Doppio Collection contributed R709.9 million to total group restaurant sales in FY2025. This acquisition added the Doppio Zero brand and expanded the speciality dining portfolio.

For fiscal year 2025 (ended June 30, 2025), Spur reported group revenue of R3.86 billion, up 11.2% from FY2024. Profit before tax increased 17.5% to R401.7 million. The group traded through 724 restaurants in 14 countries at year-end, having opened 31 restaurants in South Africa and 15 internationally during the year.

In the first half of fiscal 2026 (six months to December 31, 2025), Spur continued its strong performance. Group revenue increased 8.5% to R2.2 billion, with profit before tax up 13.0% to R244.7 million. The group opened 29 restaurants in South Africa and 9 internationally, bringing the total to 753 outlets. The Spur brand was reintroduced into Lesotho with a new restaurant in Maseru in September 2025.

Spur Corporation publishes sustainability and social impact information through its integrated annual report. The company focuses on broad-based black economic empowerment (B-BBEE), job creation, and community development.

The group's expansion creates jobs and franchise opportunities. In H1 FY2026, the 29 new restaurants opened in South Africa created an estimated 660 new jobs and 67 new franchised partnerships, including 20 black and 17 female franchisees. This focus on inclusive growth is central to Spur's social impact strategy.

Spur is not a Certified B Corporation. The company does not hold B Corp certification.

The group's manufacturing and distribution division supports local supply chains, producing sauces and dressings in South Africa for the franchise network. This vertical integration reduces import dependence and supports local employment.

Spur's community initiatives include the Spur Foundation, which supports children's charities and community programs across South Africa. The group also participates in hunger alleviation programs through partnerships with food banks.