{"id":2931,"date":"2022-06-18T13:53:27","date_gmt":"2022-06-18T11:53:27","guid":{"rendered":"https:\/\/famousbrands.co.za\/iar2023\/about-famous-brands\/financial-highlights\/"},"modified":"2023-06-26T15:51:24","modified_gmt":"2023-06-26T13:51:24","slug":"our-strong-brands-and-growing-footprint","status":"publish","type":"page","link":"https:\/\/famousbrands.co.za\/iar2023\/our-2023-report\/our-strong-brands-and-growing-footprint\/","title":{"rendered":"Our strong brands and growing footprint<\/span>"},"content":{"rendered":"

Famous Brands is best known for its much-loved brands and reputation as a leading and responsible franchisor.<\/p>\n

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Our business model comprises four core pillars: Brands, Manufacturing, Logistics and Retail. Under the Brands\u2019 pillar, Famous Brands operate franchised, master licence and Company-owned restaurants. <\/p>\n

Famous Brands is the franchisor whose franchise partners rely on our brands and intellectual property to sell menu items to consumers. Famous Brands earns sales-based royalties income (franchise fees revenue) based on a percentage of these restaurant turnovers. Therefore, based on our business model, our customer is the franchise partner. <\/p>\n

Our portfolio of strong brands offers a compelling business proposition to our franchise partners and quality menus to a wide spectrum of consumers. The\u00a0portfolio is segmented into Leading (mainstream) Brands and Signature (niche) Brands. Leading Brands are further categorised as Quick Service and Casual Dining.<\/p>\n

A vertically integrated business supports our Brands in South Africa and selected African countries. Our Supply Chain refers to our Manufacturing, Logistics and Retail operations. Our Supply Chain offers high-quality ingredients and products to our franchise partners and retailers at a competitive price. The Manufacturing, Logistics and Retail businesses are managed and measured independently.<\/p>\n<\/p><\/div>\n

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Our Supply Chain gives our franchise partners a competitive advantage through efficient supply, price certainty, product innovation and margin management.<\/p>\n

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Our brands<\/h2>\n
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Our geographic footprint <\/h2>\n
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Our proud history<\/h2>\n

We were founded in the 1960s by entrepreneurs passionate about creating memorable consumer experiences. <\/p>\n

The Famous Brands story originated in the 1960s when George Halamandres started a family business with the opening of the first Steers restaurant. Since then, the Group has become Africa\u2019s largest restaurant franchisor. Its portfolio of 17 restaurant brands and network of 2 887 restaurants are found on three continents. <\/p>\n

Our milestones over the years<\/h3>\n
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Famous Brands is best known for its much-loved brands and reputation as a leading and responsible franchisor. Our business model comprises four core pillars: Brands, Manufacturing, Logistics and Retail. Under the Brands\u2019 pillar, Famous Brands operate franchised, master licence and Company-owned restaurants. Famous Brands is the franchisor whose franchise partners rely on our brands and… growing footprint<\/span>“>Read more »<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"parent":2881,"menu_order":2,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_links_to":"","_links_to_target":""},"acf":[],"yoast_head":"\nOur strong brands and growing footprint - Famous Brands IAR 2023<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Our strong brands and growing footprint - Famous Brands IAR 2023\" \/>\n<meta property=\"og:description\" content=\"Famous Brands is best known for its much-loved brands and reputation as a leading and responsible franchisor. Our business model comprises four core pillars: Brands, Manufacturing, Logistics and Retail. 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