Spur purchase of Doppio Zero has taken away the entrepreneurial spirit of its founders
Doppio Zero has just been gobbled up by the Spur group, taking away the awesome entrepreneurial spirit of its founders.The Spur group was quick off the mark to increase its prices after Covid-19, to such an extent that visiting their outlets is damn near prohibitive. For those who don’t know, the selling prices on its menus includes 15% Vat payable to Sars, and the 12% royalty and marketing cost payable by the franchisee to the Spur group coffers.
In addition, all Spur outlets are obliged to buy all their in-store requirements, ingredients and so on through the wholly owned distribution centre, loading the prices and making handsome profits. It’s a rip-off and this applies to all the other monoliths such as Famous Brands and Ocean Basket. The sadness is that today there are fewer privately owned restaurants in SA offering unique and original cuisine at a reasonable price. The proliferation of these large franchise groups has killed what once was an imaginative and robust industry.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Any attack on French interests in Niger will spur swift response, French presidency saysAny attack on French nationals or interests in Niger will provoke a strong immediate reaction from France, the French government said on Sunday, as pro-junta protests took place outside the French Embassy in Niamey following last week's military coup.
Read more »
Any attack on French interests in Niger will spur swift response: MacronAny attack on French interests in Niger will spur swift response: Macron: Any attack on French nationals or interests in Niger will provoke a strong immediate reaction from France, the French government said on Sunday.
Read more »
More Wagner fighters move closer to Polish border, Poland PM says - SABC NewsA group of a hundred soldiers from the Russian Wagner group have moved closer to the Belarusian city of Grodno near the Polish border, Polish Prime Minister Mateusz Morawiecki said on Saturday.
Read more »
SA beats Sri Lanka in penultimate Group C Netball World Cup match - SABC NewsThe Proteas hope to carry forward the momentum they gained after a comprehensive Netball World Cup win over Sri Lanka in Cape Town. South Africa beat the Lionesses by 87 goals to 32 in their penultimate Group C game on Saturday.
Read more »