Loading...
See More

Debonairs gains Middle East foothold

Mar 04 2013 14:54
pizza slice

Debonairs is set to conquer the Middle East.

Company Data

MURRAY & ROBERTS HOLDINGS LIMITED [JSE:MUR]

Last traded 23.83
Change -0.57
% Change -0.02
Cumulative volume 1537435
Market cap 10.60bn

Last Updated: 20/10/2014 at 04:30. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

KFC investigated after food scare

Burger King mum on potential partner

Burger King faces stiff competition

African outlets boost Famous Brands

Yum forecasts profit rise led by China

McDonald's becomes Macca's in Australia

 
Cape Town - Africa's leading pizza restaurant, Debonairs Pizza, is poised to open 15 outlets across the United Arab Emirates (UAE) and is offering potential investors a chance to apply for franchisee operations.

Debonairs made the announcement as it launched a new restaurant at the Dubai Marina at the weekend. Similar to most high class waterfront developments in the world's leading cities, the Dubai Marina is an urban centre on water.

This move makes the African continent not the only attraction to South African companies but opens up the entire Middle Eastern region too. Many South African companies plan to enter that market.

Others, like the construction giant Murray & Roberts Holdings [JSE:MUR], have already been in the Middle East for almost a decade.

Mandeep Singh Pujji, the managing director of Unitas Foods International, told arabianbusiness.com that two more restaurants would be opened in Dubai’s Al Barsha and Arabian Ranches areas at the end of this year.

Unitas Foods International is the master franchisee licence holder for Debonairs Pizza.

“Within the next five years there’d be at least 15 more across the country," arabianbusiness.com quoted Pujji as saying.

Pujji said Debonairs also wanted also to increase the pizza brand to “other GCC” countries - the Gulf Cooperation Council, whose member states include Saudi, Qatar, UAE, Oman, Bahrain and Kuwait - and Asia.

"Having seen solid growth, success and profits within a quick time period, we are encouraged to offer more locations with different concepts therefore reaching a wider customer base," he was quoted as saying.

"We have been receiving queries from local businesses interested in taking the brand to various locations and thus starting March 2013, we are offering potential investors an opportunity to apply for franchisee operations."

Debonairs Pizza presently has more than 500 stores over the globe.

 - Fin24

 

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

debonairs  |  fast food
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

Retailers of any shape and size can now unlock the power of mobile transacting.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...